PARLIAMENTARY WRITTEN QUESTION
(10 December 2025)
Question Asked
Asked by:
Mark Garnier (Conservative)
Answer
The National Payments Vision, published in November, set out the government’s ambitious plans for the next phase of Open Banking, building on the UK’s leadership in this area. This includes steps towards delivering seamless, Open Banking enabled, account-to-account payments.
The government intends to use powers in the ‘Data (Use and Access) Act’ to put in place a long-term regulatory framework for Open Banking and is working at pace to deliver this.
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