Posts Tagged ‘Joint Regulatory Oversight Committee’
FCA outlines future entity design for UK Open Banking
The Financial Conduct Authority (FCA) has been named by the National Payments Vision (NPV) as the lead regulator for the next phase of UK Open Banking.
Read MoreOpen Banking Limited releases v4.0 of UK’s Open Banking Standard
The latest version of the Standard includes mandatory and optional updates, following consultation with the industry.
Read MoreOBL, Innovate Finance issue responses to JROC’s Future Entity design proposals
Open Banking Limited and Innovate Finance have separately highlighted some concerns related to the Interim Entity proposed by JROC.
Read MoreJROC proposes design of Future Entity in the UK
The JROC report also sets out its plans to create an ‘Interim Entity’, which will be needed for “at least 18 months”.
Read MoreJROC reveals progress made on Open Banking in the UK since April
The UK’s Joint Regulatory Oversight Committee called it “encouraging to see momentum on Open Banking being sustained and actions being progressed at pace”.
Read MoreJROC responds to the VRP Working Group’s blueprint
The UK’s Joint Regulatory Oversight Committee is targeting a Phase 1 rollout of non-sweeping VRPs by the third quarter of 2024.
Read MorePSR’s Kate Fitzgerald addresses delegates at Open Banking Expo UK & Europe
The Payment Systems Regulator’s head of policy delivered the keynote on Day Two, in which she highlighted some of the work of the JROC working groups.
Read MoreQ&A: TrueLayer’s Jack Wilson on the ‘interesting dynamic’ playing out in the EU
Jack Wilson, head of public policy at TrueLayer, answers our quickfire questions ahead of speaking at Open Banking Expo UK and Europe.
Read MoreUK hits 7 million active Open Banking users in January
Of the 7 million consumers and SMEs recorded, Open Banking Limited reported that 1.2 million used Open Banking for the first time.
Read MoreOpen Banking SWG: Role for OBIE’s successor as ‘central standard-setting body’
The final report from the Strategic Working Group secretariat for the Joint Regulatory Oversight Committee highlighted “divergent views” among stakeholders about a future entity, data-sharing next steps and ecosystem reliability.
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