Open Finance is a new era for banking and finance. Implementations are localised at the moment but cross-border and cross-sector interoperability is visible on the horizon.

Taking advantage of international policymakers, regulators, and open banking innovators in town for Open Banking Expo, this side-event the day before Open Banking Expo focused on the importance of  policy and standards harmonisation. Discussions covered:

   ● Establishing global standards and best practices for open banking implementation
   ● Addressing regulatory challenges and promoting a level playing field across different
       jurisdictions
   ● Identifying emerging trends and opportunities for innovation in the open finance space
   ● Enhancing consumer protection and financial inclusion through open banking initiatives
   ● Building strong partnerships and networks among key players in the industry