Written Question·Treasury·UIN 61158

Bank Services: Regulation

Tabled: 19 June 2025
Answered: 25 June 2025
Named Day

Question

Mark Garnier

ConservativeWyre Forest

To ask the Chancellor of the Exchequer, whether she plans to bring forward legislative proposals to regulate open banking under the Data (Use and Access) Act 2025.

Answer

Emma Reynolds
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-...

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