The 1st July 2020 saw the big 4 banks obliged to meet the first stage of compliance under Open Banking. This has begun the first stage of compliance to the CDR, and all financial institutions in A/NZ will have to follow their lead. In this session, we will hear experiences, lessons learned to guide financial institutions on best practice in these early stages of Open Banking, and also what the future could look like for A/NZ, particularly as we explore policy and regulation changes.

• Coping with legislative uncertainty and immaturity around Open Banking
• Lessons learned and realistic expectations of achieving compliance
• Critical considerations and possible pitfalls to pre-empt
• What can the A/NZ market learn from global peers