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United Kingdom · Question · Written question

UIN 50951

Bank Services

answeredUnited Kingdom· UK Parliament· EN

Introduced

8 May 2025

Last action

13 May 2025 · Answer

Status

Answered

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Discovery layer

Source updated

13 May 2025

Summary

To ask the Chancellor of the Exchequer, whether her Department is taking steps to revise the open banking framework.

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Timeline

  1. 8 May 2025

    Written question

    To ask the Chancellor of the Exchequer, whether her Department is taking steps to revise the open banking framework.

    Source: Commons

  2. 13 May 2025

    Answer

    The UK has been a world leader in Open Banking since 2018. Open Banking providers offer innovative services using customer data, and can help with improving financial inclusion, such as by allowing customers to gain better oversight of their finances, or ...

    Source: Written answer

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