1. Introduction
The Operational Guidelines form part of the UAE Open Finance Standard. They provide clarity to LFIs and TPPs on how they should implement and operate Open Finance services.
These guidelines have been designed to deliver the following benefits:
To help LFIs and TPPs understand and meet requirements defined in the Standard.
To ensure that TPPs have access to consistently well-designed, well-functioning, and high-performing API interfaces provided by LFIs.
To ensure that Users using TPP services have positive experiences that encourage them to continue to consume such Open Finance enabled services.
To minimize the potential costs to LFIs and TPPs when systems or supporting networks are down.
To protect the reputation of individual participants and the Open Finance ecosystem.