Armalytix Press – AccountingWeb Open Banking: 90-day authorisation rule relaxed

Armalytix CEO Richard McCall offers an update of proposed changes to Open Banking protocols and explains what they will mean for accountants.

Many accountants will already be familiar with Open Banking. Whether you’re embracing the new opportunities it brings or are largely indifferent, it certainly continues to impact the accounting world. Open Banking in the UK is overseen by the Financial Conduct Authority (FCA), which recently announced changes that may soon affect you. They are worth paying attention to, particularly with MTD on the horizon.

Read the full story in AccountingWeb here.