开放金融的关键考虑因素（英）

Industry Investment Rating - The report does not explicitly provide an investment rating for the industry [1][2][3] Core Viewpoints - Open finance frameworks have the potential to enhance customer empowerment, competition, data-driven innovation, and financial inclusion [15] - Open finance can expand the use and benefits of financial services for those who already have accounts by offering personalized savings, credit, insurance, or investment products [16] - Open finance should be designed to support responsible financial inclusion and benefit all parties involved, especially traditionally excluded and underserved segments [17] - Public authorities play a critical role in designing open finance frameworks and ensuring adequate safeguards [15] Key Elements of Open Finance Framework Organizing for Open Finance - Define clear policy objectives and how open finance will contribute to them, such as improving competition, innovation, customer empowerment, and financial inclusion [58] - Public authorities should lead the process and collaborate across different sectors to ensure the framework meets policy objectives [63] - Establish effective, transparent, and inclusive governance arrangements to support the ecosystem's operations and ensure representation of all stakeholders [69] Regulating Open Finance - Implement risk-based and proportionate regulation to determine rules for customer-permissioned data access, ensuring all participants are subject to regulation [75] - Oversight and supervision are essential to monitor the ecosystem and ensure compliance with laws and regulations [81] - A robust consumer protection and data protection framework is necessary to build trust and foster adoption while minimizing potential harm [85] Operational Elements - Facilitate consumer awareness and understanding of open finance opportunities and risks to support adoption and financial inclusion [97] - Enable broad participation of financial services providers, especially large data holders, to ensure widespread customer adoption [100] - Encourage the use of standardized APIs and a common architecture to support interoperability, reduce costs, and ensure data security [107] - Monitor and influence pricing to support policy objectives, ensuring fair compensation and avoiding barriers to participation [112] Industry Impact and Opportunities - Open finance can improve personal and business financial management, reduce costs, and enhance financial planning and budgeting [33] - It can also improve access to credit for low-income customers and small businesses by leveraging transaction data for credit decisions [31] - Open finance has the potential to increase the breadth, depth, and utility of financial services, contributing to financial inclusion and growth of the financial sector [31][36] - The development of new services can make account ownership more attractive and open up new pathways to financial inclusion [38]