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How Open Banking Is Done

Mr. Open Banking

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The Challenge of the Standard Setting Body

The sintex is the standard setting body. It's not for us to sit there and try to drive forward the regulation. That's for others to do. And it's us to implement those standards there. The challenge is that we can't have thought through every single change of that. When you start to look at the used cases that are coming in from the founders, can’t havethought through every singlechange of that. We need to go back to the regulators to ask them and say, what did you actually mean by putting that order in? What were you trying to achieve by the original regulation? And how can we clarify the definition? These are really complex cases,.

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