Overview
The UAE is developing an Open Finance framework building on ADGM and DIFC sandbox experiences. It aims to create a unified data sharing ecosystem across banking, insurance, and investment sectors.
Note: ADGM already has Open Finance regulations. Federal framework under development.
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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FIDA
European Union
FIDA extends open banking principles beyond payment accounts to a wider range of financial products ...
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Smart Data Schemes
United Kingdom
The UK's Smart Data initiative extends open banking principles to other sectors including pensions, ...
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CDR
Australia
Australia's economy-wide data sharing framework started with Open Banking and is expanding to energy...
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