Open Banking; Open Finance; Open Data; Innovation; Competition; Financial Regulation; Competitiveness; Data Governance
Abstract :
[en] jurisdictions, we synthesize a range of policy strategies to address the complex interplay of financial regulation and data governance inherent in building Open Finance. These hold important lessons also for the US as it moves forward. The multidisciplinary nature of Open Finance requires coordination between regulators and industry to ensure policy coherence and technical interoperability. Where financial and data regulatory regimes intersect, it is important to establish a collaborative forum and/or provide general guidance to facilitate a better understanding of Open Finance governance and improve consistency in regulatory action across sectors. In response to the increasing digitalization of the economy, there is also the need to expand the scope of data sharing from the financial sector to other industries, and thus move towards a broader Open Data framework.
Research center :
NCER-FT - FinTech National Centre of Excellence in Research
Disciplines :
Economic & commercial law
Author, co-author :
Arner, Douglas; Kerry Holdings Professor in Law, RGC Senior Research Fellow in Digital Finance and Sustainable Development ; HKU-Standard Chartered Foundation FinTech Academy, Melbourne Law School, Asia Global Institute, and Associate Director, University of Hong Kong
Buckley, Ross; UNSW Sydney > Law and Justice
Wang, Christine; Faculty of Law and Justice, University of Melbourne, Visiting Professorial Fellow, UNSW
ZETZSCHE, Dirk Andreas ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
External co-authors :
yes
Language :
English
Title :
BUILDING OPEN FINANCE
Publication date :
2026
Journal title :
Notre Dame Journal of International & Comparative Law
