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Basel Committee on Banking Supervision publishes report on implications of open banking

By Howard Womersley Smith
November 25, 2019
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On 19 November 2019, the Basel Committee on Banking Supervision (BCBS) published its report on open banking and its implications for banks and banking supervision. The report builds on the BCBS’ previous findings on open banking and application programming interfaces (APIs) in its 2018 report (“Sound practices on the implications of FinTech developments for banks and bank supervisors”). We highlight findings from the report from a data protection perspective below.

Read the full report on our sister site the Technology Law Dispatch.

Photo of Howard Womersley Smith Howard Womersley Smith
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  • Posted in:
    Financial, Technology
  • Blog:
    FinTech Update
  • Organization:
    Reed Smith LLP
  • Article: View Original Source

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