Implementation Trustee News Today

The CMA has today announced its recommendations for the next steps in the future oversight of Open Banking.

SIR – The news that energy suppliers are to use smart meters as a means of charging higher tariffs at times of peak demand comes as no surprise.

The CMA has today published the findings and set out the next steps following an independent investigation into allegations at the Open Banking Implementation Entity (OBIE).

Sky News’ sources suggested that this move would be “an important step” towards making open banking a “permanent feature of the industry landscape”. This news follows a blueprint and transition plan released by UK Finance, which sets out its plans to comply with a series of requirements imposed by the Competition and Markets Authority (CMA) five years ago. In the UK Finance blueprint, it explains that the Open Banking Implementation Entity (OBIE), which is led by the Implementation T...

2018 Governance framework The commission’s governance framework sets out the roles, responsibilities and procedures for the effective and efficient conduct of its business. Read the Commission’s governance framework. 2018 to 2023 Statement of Strategic Intent The Commission’s purpose is a statement of what we stand for. This purpose will inform everything we do and how we approach our work.