This section contains important guidance for participants developing end-user propositions. These documents sign-post relevant regulations and provide best practice principles.
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This guidance is non-binding but it is hoped that it provides useful input to the development of end-user centric propositions that build and engender trust across the ecosystem. Whilst these documents have been drafted with regard to relevant regulatory provisions and best practices, they do not provide a complete list of the regulatory or legal obligations that apply to Participants. Participants are responsible for their own compliance with all regulations and laws that apply to them.
Payment account transaction data enables Third Party Providers (TPPs) to provide innovative financial services to their customers, and it is therefore vital that customers are given clarity, security and control over how their data will be used.
Providing sweeping service providers (SSPs) an overview of the regulatory requirements for designing a sweeping service and Open Banking Ltd (OBL) guidelines for SSPs to consider for sweeping.
Data management Next