Overview
SAMA's Open Banking framework requires all banks and fintechs to implement open banking APIs. Part of Saudi Arabia's Vision 2030 to modernize the financial sector and promote fintech innovation.
Note: Central API hub model. Strong government backing as part of Vision 2030.
Jurisdiction
Scope & Coverage
This regulation covers the following areas and services:
Key Requirements
Timeline
Official Resources
Related Regulations
Other Middle East regulations you might be interested in:
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Open API Framework
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Four-phase Open API framework for retail banks in Hong Kong. Started with product information and pr...
Open API Banking
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