UK Open Banking Standard vs FTC GLBA Safeguards Rule (16 CFR Part 314)
What is the difference between UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314)?
UK Open Banking Standard is a financial services framework applying in the United Kingdom, with 4 controls across 4 domains. FTC GLBA Safeguards Rule (16 CFR Part 314) is a other framework applying in the United States (FTC), with 11 controls across 7 domains. They govern different subjects, so the overlap is limited to the governance requirements they share. The mapping below shows where that is.
UK Open Banking Standard4 controls
FTC GLBA Safeguards Rule (16 CFR Part 314)11 controls
Questions people ask about UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314)
What is the difference between UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314)?
UK Open Banking Standard has 4 controls while FTC GLBA Safeguards Rule (16 CFR Part 314) has 11 controls. Both frameworks address compliance requirements but differ in scope, focus, and applicability. Use our platform to explore the exact control-to-control mappings.
Do I need both UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314)?
Whether you need both depends on your industry, regulatory requirements, and customer expectations. Many organizations implement multiple frameworks simultaneously. Our compliance platform helps you map controls between UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314) so you can identify shared requirements and avoid duplicate effort.
How do UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314) controls map to each other?
Our platform maps controls between UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314) at a granular level. Each mapping shows whether controls are fully aligned, partially aligned, or represent gaps. This helps you prioritize implementation when pursuing both frameworks.
Which framework should I implement first, UK Open Banking Standard or FTC GLBA Safeguards Rule (16 CFR Part 314)?
The best starting point depends on your specific regulatory requirements, industry, and customer demands. Consider which framework is most urgently required by your stakeholders or regulators. Use our free compliance platform to run a gap analysis and determine the optimal implementation sequence.
Each framework on its own
Comparisons people read next
Each of these compares one of the two standards above against another it shares controls with.
UK Open Banking Standard vs SSAE 18 - Attestation Standards (SOC Reporting)8 shared controlsUK Open Banking Standard vs O-RAN WG11 Security Specification7 shared controlsUK Open Banking Standard vs NIST Privacy Framework7 shared controlsFTC GLBA Safeguards Rule (16 CFR Part 314) vs Vermont Artificial Intelligence and Consumer Data Act (AICDA)6 shared controlsFTC GLBA Safeguards Rule (16 CFR Part 314) vs UAE Virtual Asset Regulatory Authority (VARA) Regulations6 shared controlsFTC GLBA Safeguards Rule (16 CFR Part 314) vs Privacy Act 1988 (Australia)6 shared controls
See all control mappings with interactive gap analysis
Explore the complete mapping between UK Open Banking Standard and FTC GLBA Safeguards Rule (16 CFR Part 314) on our compliance platform.
Written and maintained by Gerard Blokdyk, The Art of Service.