Open Finance Colombia

Colombian Open Finance Framework

UpcomingOpen FinanceLatin America
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Jurisdiction
Colombia
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Effective Date
2025
Jan 1, 2025
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Full Compliance
2026
Dec 1, 2026
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Regulator
Superintendencia Financiera de Colombia

Overview

Colombia is developing an open finance framework following the Fintech Law. It will require financial institutions to share customer data through standardized APIs upon customer consent.

Scope & Coverage

BankingInsuranceSecurities

Key Requirements

1
API standardization
2
Consumer consent framework
3
Data protection compliance
4
Fintech licensing

Key Notes

Framework under development. Expected to align with regional Open Finance trends.

Official Resources

Related Regulations

Other open banking frameworks in Latin America:

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