Mandatory Open Finance Will Boost the Development of the Financial System and Financial Inclusion in the Country
Portafolio Journalist 04/09/2026 18:52 Updated: 04/09/2026 18:52
TL;DR
- Decree 0368 of 2026 establishes mandatory open finance in Colombia.
- The decree strengthens competition by promoting free prices, free agent entry/exit, and information symmetry.
- It aligns with the National Development Plan and the SFC's Open Finance Strategic Project.
- The SFC will administer a directory of participants and define technical standards within six months.
- Implementation is mandatory for supervised entities acting as data providers and receivers, with voluntary participation for non-supervised third parties.