Direction de la Science, de la technologie et de l'innovation
Open finance policy considerations
Open finance enables the sharing of, and access to, financial sector data. This paper
analyses the benefits, risks and implementation challenges of Open finance and provides
policy recommendations for the safe and successful implementation of such data-sharing
frameworks in finance. It considers the impacts of providing access to customers’
financial data and how to do this responsibly and safely, with due consideration for
data privacy. The paper also discusses other consumer safeguards, notably related
to consent and liability. Finally, it considers whether there is a need to support
the development of technical infrastructure to promote data interoperability.
Available from November 21, 2023
In series:OECD Business and Finance Policy Papersview more titles