✉news BusinessBanking first seen 6 d ago, last 6 d ago, peak #26
State Bank of Pakistan publishes draft open banking rules
Original: State Bank of Pakistan publishes draft open banking rules — Dawn
Pakistan's central bank has released draft rules for open banking, setting out a framework that would let banks share customer data with licensed third-party providers through secure interfaces. The move, reported by Dawn, signals preparation for a regulated open finance ecosystem aimed at boosting digital payments and fintech competition. Stakeholders are expected to review the draft before final regulations are issued.
Why now: The draft rules mark a significant regulatory step toward open banking in Pakistan, drawing attention from banks and fintech firms.
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