FCA Open Finance Roadmap: Another stage of the UK’s smart data revolution

Hot on the heels of the UK government's Smart Data Strategy – to which banking and financial services are central - the FCA has published its long-awaited Roadmap aimed at turning open finance's potential to be the ‘next major step in the UK's smart data revolution' into delivery between now and 2030. The FCA views the establishment of the open finance regime as an opportunity to support the move to outcomes-based regulation driven by data, allowing it to develop more holistic solutions across... By: Hogan Lovells