Open Banking: What's Next for Canada?
Canadian regulators, as well as financial institutions and other industry players, are taking a keen interest in the advent of open banking, its impact, and the risks both to consumers and industry. Open banking has evolved over the last several years, and Canada has a great deal to learn from the experience of other jurisdictions as we look to institute it here.
We will explore the journey that other countries have followed with Norton Rose Fulbright lawyers in the UK and Australia. This will be followed by a panel discussion with industry representatives.
Topics
- How should regulators regulate open banking to protect consumers while also leaving sufficient flexibility to fully realize the opportunities afforded by new technologies?
- What can the other jurisdictions teach Canada with their experience in balancing the protection of consumers with encouraging innovation and avoiding undue regulatory costs or restrictions?
- What are the possible risks and rewards of open banking for stakeholders in Canada?
Date: February 19, 2020
Time: 7:30am - 9:30am
Location: Norton Rose Fulbright, Toronto
This is a TFI member event. Please contact us to pre-register to attend.
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