Open Banking: Navigating the Emerging Regulatory Landscape

Open banking is an important driver of the fintech revolution. Regulators have recognised open banking as a means of introducing competition and innovation in the banking sector. Likewise, fintechs are seizing the opportunities arising from emerging facilitative regulatory regimes designed to encourage disruption of traditional retail banking services. The fintechs, which in this context are referred to as third-party providers (TPPs), are the main drivers of change in this sector....
By: Skadden, Arps, Slate, Meagher & Flom LLP

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