Events listed in Open Banking
Joint Regulatory Oversight Committee highlights 2023 progress and sets out future ...
ID 26334
On December 18, 2023, the Financial Conduct Authority (FCA) issued a press statement to inform that the Joint Regulatory Oversight Committee (JROC) has provided an update on the advancements in open banking which aims to introduce a new generation of payment products and services in the UK to promote accessibility to banking services, foster inclusion, and enhance the entire banking experience of customers. Currently, ...
The Joint Regulatory Oversight Committee welcomes OBL’s submission of two data ...
ID 25385
On October 18, 2023, the Financial Conduct Authority (FCA) announced that the Joint Regulatory Oversight Committee (JROC) has welcomed the submission of two data collection frameworks by the Open Banking Limited’s (OBL), the current Open Banking Implementation Entity in charge of the oversight of open banking activities in UK. These frameworks focus on „Levelling up availability and performance“ and „Mitigating the risks of financial ...
Joint Regulatory Oversight Committee sets out next steps to help UK open banking ...
ID 23598
The Financial Conduct Authority, FCA, has published a press statement to inform of some upcoming activities of the Joint Regulatory Oversight Committee (JROC), co-chaired by the FCA and the Payment Systems Regulator (PSR), which is responsible for overseeing the planning, transition, vision, and strategic roadmap for the future open banking entity, as well as monitor its operations until a permanent open banking regulatory framework ...
Recommendations for the next phase of open banking in the UK
ID 22799
The joint regulatory oversight committee (JROC), a cross-authority committee“ comprised of members of the Financial Conduct Authority (FCA), HM Treasury, the Competition and Markets Authority (CMA), and the Payment Systems Regulator (PSR), has published Recommendations for the next phase of open banking in the UK. The recommendations primarily outline the roadmap for the next two years which will include the following: **(1) The levelling ...
Millions of customers benefit as Open Banking reaches milestone
ID 21435
The UK government has published a press statement to announce the reaching of a milestone in its roadmap to open banking in the country. Specifically, six of the nine largest banks in UK – including Barclays, HSBC UK Bank plc, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander – have now completed all requirements under the roadmap to share their banking data ...