Welcome to the UAE Open Finance Market Engagement Space

This space has been created to share details of industry workshops and drafts of the UAE Open Finance Framework and Standards as they are developed.

Market Engagement Agenda

Dates	Round 1 (11-15 March)	Round 2 (15-19 April)	Round 3 (20-24 May)	Round 4 (24-29 June)

Dates	Round 1 (11-15 March)	Round 2 (15-19 April)	Round 3 (20-24 May)	Round 4 (24-29 June)
Business Working Group	Establish the understanding of the program’s vision and legal framework		Deep dive into operational risk and resilience strategies	Discuss licensing, supervision, and enforcement in the fintech space
			Introduce communication strategies and business guidance	Finalize the market conduct guidelines
				Develop consumer protection strategies
				Review the progress in financial crime supervision policies
				Update market conduct and the regulatory environment for fintech
Technical Working Group	Business rules for Data & Service Initiation use cases	Security Profile	Security Profile	Operational Guidelines
	Consent Model & Consent Management requirements	API specification & Cx Guidelines (payment 0.1)	API specification & Cx Guidelines (data 0.1)	Publish draft API & CxG to industry (payment 0.2)
	Authentication Models	Consent Model & Consent Management requirements	FINAL Consent Model & Consent Management requirements	API Hub
	API Hub	API Hub	API Hub	Cyber Security & Fraud Controls
		Cyber Security & Fraud Controls	Cyber Security & Fraud Controls	Sandbox, Testing & Error Handling
		Certificate and PKI standards	Sandbox, Testing & Error Handling	Trust Framework operational guideline
			Liability Model	FINAL Business Rules
			Updates to Business rules for Data & Service Initiation use cases	Updates to Business rules for Data & Service Initiation use cases
			Client Registration framework