Data Standards for Smart Data

Summary

The UK seeks to unlock the economic benefits of Smart Data by enabling secure customer data sharing, but is challenged by inconsistent data standardisation across sectors like finance, energy, and property. This report evaluates current data standards in these key sectors and proposes nine design principles to guide the creation of robust, interoperable standards for future Smart Data schemes. Completed in November 2025, the research provides a foundational framework for government departments and regulators to develop new common data standards, aiming to accelerate economic growth and consumer benefits.

Key Facts

Source Document

https://example-government.gov/policy-document-link