Jurisdiction(s):
United Kingdom

Financial services round-up: FCA open finance roadmap to 2030, ban on misleading CMC adverts, and MiFID II RTS on order execution—14 April 2026

Published on: 14 April 2026

Published by a LexisNexis Financial Services expert

Legal News

Article summary

Financial services developments FCA sets out open finance roadmap to 2030

The Financial Conduct Authority (FCA) has outlined its vision for open finance to 2030, stating that in 2026 it will work with industry, consumer groups and other regulators to shape a set of practical open finance use cases. It will also partner with HM Treasury to assess options for a regulatory framework for open finance by the end of 2027. Firms that already have data access and the necessary permissions will be supported to bring open finance products to market sooner. The FCA plans to consult on its proposed long-term regulatory framework for open banking before the end of 2026. In 2026, the FCA will collaborate to set priorities for what open finance should deliver. This will involve:

prioritising high-impact use cases that can deliver benefits quickly, starting with lending to SMEs and enhancing consumers’ access to mortgages
building robust evidence through sprints and structured experiments, testing what works in practice and where barriers remain
drawing on stakeholder expertise and insights to determine the impact of future use cases on consumer outcomes, competition, growth and innovation...

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