UK Open Banking Standard
The UK Open Banking Standard, established by the Competition and Markets Authority (CMA) Open Banking Order 2017, requires the nine largest UK banks (CMA9) to share customer data securely with authorised third-party providers (TPPs) via standardised APIs. Managed by the Open Banking Implementation Entity (OBIE), it enables Account Information Services (AIS) and Payment Initiation Services (PIS). Transitioning to a long-term framework under the Joint Regulatory Oversight Committee (JROC).
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Framework Domains (6)
API Specifications
| Code | Title |
|---|---|
| OB-API.1 | Read/Write API Specification |
| OB-API.2 | Open Data API Specification |
| OB-API.3 | Dynamic Client Registration |
| OB-API.4 | MI Reporting Specification |
Consent and Customer Experience
| Code | Title |
|---|---|
| OB-CX.1 | Explicit Customer Consent |
| OB-CX.2 | Granular Consent Management |
| OB-CX.3 | Strong Customer Authentication |
| OB-CX.4 | Consent Dashboard |
| OB-CX.5 | Consent Revocation |
Directory and Trust Framework
| Code | Title |
|---|---|
| OB-DIR.1 | Open Banking Directory |
| OB-DIR.2 | Participant Onboarding |
| OB-DIR.3 | Software Statement Assertions |
| OB-DIR.4 | Dispute Management |
Operational Guidelines and Compliance
| Code | Title |
|---|---|
| OB-OPS.1 | API Availability Requirements |
| OB-OPS.2 | Performance Standards |
| OB-OPS.3 | CMA9 Conformance Monitoring |
| OB-OPS.4 | Incident Management |
Security Profile
| Code | Title |
|---|---|
| OB-SEC.1 | FAPI Security Profile Compliance |
| OB-SEC.2 | Transport Layer Security |
| OB-SEC.3 | OAuth 2.0 and OpenID Connect |
| OB-SEC.4 | Certificate Management |
Security and Governance
DLT security and governance standards
Maps to 602 other frameworks
Frequently Asked Questions
What is UK Open Banking Standard?
UK Open Banking Standard is a compliance framework from United Kingdom with 6 domains and 21 controls. The UK Open Banking Standard, established by the Competition and Markets Authority (CMA) Open Banking Order 2017, requires the nine largest UK banks (CMA9) to share customer data securely with authorised third-party providers (TPPs) via standardised APIs. Managed by the Open Banking Implementation Entity (OBIE), it enables Account Information Services (AIS) and Payment Initiation Services (PIS). Transitioning to a long-term framework under the Joint Regulatory Oversight Committee (JROC). It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
How many controls does UK Open Banking Standard have?
UK Open Banking Standard has 21 controls organised across 6 domains. The largest domains are Consent and Customer Experience (5 controls), API Specifications (4 controls), Directory and Trust Framework (4 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
What frameworks does UK Open Banking Standard map to?
UK Open Banking Standard maps to 602 other compliance frameworks. The top mapping partners are Digital Economy Partnership Agreement (DEPA) (48% coverage), TEFCA — Trusted Exchange Framework and Common Agreement (43% coverage), South Korea Cloud Security Assurance Program (CSAP) (43% coverage). Use our comparison tool to explore control-level mappings between frameworks.
How do I get started with UK Open Banking Standard compliance?
Start your UK Open Banking Standard compliance journey by running a self-assessment on our platform to identify your current compliance posture. Our AI advisory can answer specific questions about UK Open Banking Standard requirements, and cross-framework mapping helps you leverage existing controls from other frameworks you may already comply with. Create a free account to access all 21 controls and track your progress.
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