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2. Sandbox and Pre-Production

The following diagrams show section shows the onboarding workflow for the OFP Sandbox and Pre-Production Environments

2.1 Prerequisites

The onboarding process in Nebras will work in tandem with the licensing processes and controls inside the CBUAE

2.1.1 Requirements for LFIs

• All LFIs have completed the KYC/KYB process through CBUAE licensing, so no further such checks are needed in Nebras

• C-suite executives of LFIs should sign off on the primary business contacts to be responsible for Open Finance related operations directly with Nebras, as part of their onboarding process

2.1.2 Requirements for TPPs

• CBUAE will conduct KYB and KYC for TPPs as part of the licensing process, including:

  • KYB of the entity

  • KYC of the management and owners

• For testing in the sandbox environment the CBUAE does not have to have finished their KYC / KYB processes

• The nominated primary business contacts will be defined in the license application, which is a mandate from the organisation’s executives in respect of Open Finance

2.2 Onboarding to the Trust Framework (LFIs and TPPs)

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3 Onboarding to the API Hub (TPPs)

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4 Onboarding to the API Hub (LFIs)

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