🏛️
Jurisdiction
United Kingdom
📋
Regulations
0
Open Banking frameworks
🌍
Region
Global
🔗
Type
NCA
National Competent Authority
About FCA
The Financial Conduct Authority (FCA) is the primary financial regulatory authority in United Kingdom responsible for overseeing open banking and financial services. As a National Competent Authority (NCA), FCA ensures that banks and third-party providers comply with open banking regulations, protecting consumers while fostering innovation in financial services.
SCA Update: On 13 August 2019, the UK regulator announced an 18-month phase-in period for SCA requirements on online card payments. As a result, we don't expect banks to fully require SCA for online payments from UK cards until March 2021.
Jurisdiction
'%3e%3cpath fill='%23012169' d='M0 0v30h60V0z'/%3e%3cpath stroke='%23fff' stroke-width='6' d='m0 0 60 30m0-30L0 30'/%3e%3cpath stroke='%23C8102E' stroke-width='4' d='m0 0 60 30m0-30L0 30' clip-path='url(%23b)'/%3e%3cpath stroke='%23fff' stroke-width='10' d='M30 0v30M0 15h60'/%3e%3cpath stroke='%23C8102E' stroke-width='6' d='M30 0v30M0 15h60'/%3e%3c/g%3e%3c/svg%3e){kind=small}
United Kingdom
View Open Banking providers, banks, and TPPs in United Kingdom
Key Responsibilities
Licensing and authorizing Third-Party Providers (TPPs) including AISPs and PISPs
Ensuring banks provide secure API access to authorized third parties
Monitoring compliance with Strong Customer Authentication (SCA) requirements
Investigating complaints and enforcing consumer protection standards
Publishing guidance and technical standards for open banking implementation
Coordinating with other regulators on cross-border open banking matters
Official Resources
Need to integrate with Open Banking APIs?
Explore our directory of API aggregators and regulations to accelerate your compliance.