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The CBB has established a Directive contained in "Module OB: Open Banking" in Volume 5 of the CBB Rulebook that deals with a new sub category of ancillary service providers who, under the terms of the CBB license, may provide "payment initiation servicesG " and/or "account information servicesG ". Such licensees are termed "payment initiation service providersG " or PISPs and "account information service providersG " or AISPs. Banks and other licensees which maintain a customer account is referred to in the CBB Rulebook Volume 5 as "licensees maintaining customer accounts".

Added: December 2018
(1 Version)
Dec 1 2018 onwards
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