This is a draft of the UAE Open Finance Standards. It is intended for review only, not for implementation.
What's new?
New functionality and specifications have been added in relation to the following:
FAPI Certification page added, detailing the initial guidelines around the Ecosystem certification policy and process.
What’s changed ?
Security Profile and Client Registration Framework enhanced with the inclusion of tables and sequence diagrams to further exemplify the Registration and Authorisation Journey should be executed
All Excel spreadsheets exported from OpenAPI description updated to include unreferenced objects.
Changed Bank Data API - OpenAPI Documentation to include additional properties in Party responses.
Updated Bank Service Initiation API - OpenAPI Documentation with:
Made
ConsentSchedule
optional inMultiPayment
consent - to facilitate Payments with Delegated AuthorizationRemoved
UAEOF.Passport
as an option forAERiskExternalAccountIdentificationCode
Added
IsBeneficiaryConfirmed
,AuthenticationChannel
andMerchantCategoryCode
as fields in theRisk
object
Updated Business Rules for COP in https://openfinanceuae.atlassian.net/wiki/spaces/standardsv1draft5/pages/109413626/Single+Instant+Payment#3.4-Using-Confirmation-of-Payee-(COP) to align BRs with the new COP API Design
Updated the Common Rules and Guidelines page to include additional information in relation to the usage of the Risk Information Block in https://openfinanceuae.atlassian.net/wiki/spaces/standardsv1draft5/pages/109415230/Common+Rules+and+Guidelines#9.-Risk-Information-Block.
Request to Pay. (NOTE: This page has been redacted from this draft as further work is required on this topic)
Proxy account identification. Specifying acccount identification using a proxy has been has been redacted from this draft.
What's to come?
Future drafts will include some/all of the following functionality and specifications:
TBC