ABC Open Finance for Innovation, Competitiveness and Financial Inclusion in Colombia

Fecha: 5 May, 2023

Colombia is the third country in Latin America to adopt the open finance model, after Brazil and Mexico. Together with Parra Rodríguez’s team of lawyers, we prepared the ABC on open finance for innovation, competitiveness and financial inclusion, in order to provide investors with complete and reliable legal information on this new model, which will allow financial consumers to access a wider range of services, through digital platforms, created according to their specific needs.

In this downloadable document you will find the relevant aspects of Decree 1297 of 2022, which establishes the guidelines for the regulation of open finance in Colombia and other services such as: payment initiation, processing of personal data of financial consumers and the creation of digital ecosystems.

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