Open Finance Oversight and Supervision: Emerging Practices and Early Lessons
Open finance holds transformative potential—enabling consumers and businesses to share their financial data securely across providers, driving competition, innovation, and financial inclusion. But realizing these benefits depends on one critical condition: effective oversight. This working paper argues that supervision must be built into the foundation of any open finance framework, not treated as an afterthought. […]
Open Finance Implementation: Global Lessons From the First Wave of Innovation
Open finance places consumers in greater control of their financial data, opening up opportunities for new products and reduced costs for financial services. This paper reviews the most important lessons and good practices from several leading open finance regimes, and considers how rules on four key topics impact open finance development: Governance models. Pricing and […]
Open Finance in Latin America and the Caribbean: Great Opportunities, Large Challenges
This document is a comprehensive study of open finance, its context, and its value for the financial system in Latin America and the Caribbean. It also delves into the intricacies of the open finance ecosystem and analyzes its risks and opportunities. The document describes the status of the development of open finance in the region […]