This document is currently the internal house view of the Open Banking Implementation Entity (OBIE) and does not yet represent the official view of the Open Banking programme.
However due to the requirement to publish a specification for this item in Feb 2018, OBIE is progressing designs for this specification based on the requirements currently considered in scope below. We will work on these requirements first. We may (at a later date) work on other requirements, if these subsequently become part of the agreed scope. But for now we will not spend time on designing for requirements we consider may be in scope or not in scope.
Other pages in this section
The purpose of this paper is to define the overall proposition for item P12, so that participants (ASPSPs and TPPs) and stakeholders (FCA, HMT, CMA) are clear about what is and is not in scope for this item, and how this will support regulatory requirements and key use cases.
The following table is taken ‘as-is’ from the published roadmap (https://www.openbanking.org.uk/wpcore/wp-content/uploads/2017/11/FAO-CMA_Proposed-Amendments-to-Agreed-Arrangements_v_final-1.pdf):
13. Release of service quality indicators
15. Requirement to publish service quality indicators
Competition and Markets AuthorityBanking Remedies : Presentation of qualitative research findings (Service Quality Metrics)
The OBIE interpretation of this is that OBIE will define an API standard to cater for each of the above indicators and then each of the CMA9 will be mandated to implement and support an API endpoint which conforms to this standard.
These regulatory references and requirements are clearly specified. However, it is also important to consider a real world use case in order to define the scope, and corroborate the definition and rationale as stated in the roadmap item above:
The following metrics will be required to measure adoption:
The following high level milestones apply. A more detailed schedule of miletsones will be supplied seperately via PMG.