Important guidance for participants developing end-user propositions. These documents sign-post relevant regulations and provide best practice principles. The guidance is non-binding but it is hoped that it proves useful to the development of end-user centric propositions that build and engender trust across the ecosystem.
Other pages in this section Implementation Guidelines Data management VRPs for sweeping TPP Introduction Guidance on Change Management Testing Issues and Disputes Contract and Supplier Management Business Continuity and Disaster Recovery Change Log Menu Container
Data management Introduction Sharing payment account transaction data empowers Third Party Providers (TPPs) to provide innovative new financial services products to their customers, and it is therefore vital that customers are given clarity, control and transparency over how their data will be used. This must be the cornerstone of the data-sharing economy of which open banking is… Read more VRPs for sweeping Introduction In July 2021 the CMA announced that they had decided that implementing sweeping through VRPs is appropriate and proportionate and OBIE’s proposed definition of sweeping is appropriate. The purpose of this document is to provide prospective sweeping service providers (“SSPs”) with an overview of the key regulatory requirements they should take into account when designing any sweeping… Read more
Data management Introduction Sharing payment account transaction data empowers Third Party Providers (TPPs) to provide innovative new financial services products to their customers, and it is therefore vital that customers are given clarity, control and transparency over how their data will be used. This must be the cornerstone of the data-sharing economy of which open banking is… Read more
VRPs for sweeping Introduction In July 2021 the CMA announced that they had decided that implementing sweeping through VRPs is appropriate and proportionate and OBIE’s proposed definition of sweeping is appropriate. The purpose of this document is to provide prospective sweeping service providers (“SSPs”) with an overview of the key regulatory requirements they should take into account when designing any sweeping… Read more