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The Department of Finance Canada has released a consultation paper on the merits of open banking. The launch, which also features a consultation paper, follows the appointment of the Advisory Committee on Open Banking in September 2018.

According to the consultation paper, the Advisory Committee’s mandate will be executed in two phases: assessing the merits of open banking, and assessing open banking implementation considerations.

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Image for 'Department of Finance Canada launches consultations on open banking'

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