March 2, 2021 @ 11:32 pm By JD Alois
UK Finance has published a proposal for a “new service company” that will support the UK’s open banking infrastructure, according to a public statement. UK Finance is described as the collective voice for the banking and finance industry representing over 250 firms in the UK.
Last year, UK Finance suggested a model which would see the continuation of open banking functions moved into a new service company as the final stages of the
Competition and Market Authority’s (CMA) implementation roadmap. The publication,
Open Banking Implementation Entity (OBIE).”
The “Future Entity” is a yet-to-be-labeled company that may usher in this transition. According to the document the mission is as follows:
Future Food rokerer rundt i bestyrelser idag.dk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idag.dk Daily Mail and Mail on Sunday newspapers.
little. i do hope i never cross you. i m speaking to the reality. we told you we would be here every step of the way. we told you if it was consequential we would be here. we meant it. wow. what an amazing election. for all of those people that were so worried and you saw neil showed you the futures board, we were down at one point significa significantly, 700 or so points. look at this. we are up 7.8% since donald trump was elected, which is the best we have seen since 1952, post an election. you gotta go back a ways. it is hopeful. everybody is hoping for some kind of change, for economic prosperity, for changes out of washington when it comes to regulation, when it comes to taxes. and now for the first chance in quite a while, we may just get it. we didn t hit 20 k yet. but there s a chance we will.