Proposals for the design of the future entity for UK Open Banking

The is formed of the Financial Conduct Authority (), the Payment Systems Regulator (), the Competition and Markets Authority and HM Treasury. The and are the committee's co-chairs.

In April 2023, published its recommendations for the next phase of open banking in the UK and committed to share detailed recommendations for the design of the future entity for open banking in the UK. Following extensive engagement with open banking participants, this report sets out recommendations on the design of the structure, governance, and funding of this future entity.

Where considers further industry input beneficial, is seeking comment on a limited number of recommendations by 20 May.