Domains

this section covers authorisation domains in raidiam connect they are part the platform configuration available in reference data more information on reference data can be found reference data docid 1va0dd53w2xgc28o4nxts authorisation domain concept what is an authorisation domain? authorisation domains are the highest level hierarchical entity inside the data sharing ecosystem it's a fundamental structure within the platform and ecosystem, delineating the primary operational and regulatory areas characteristics each ecosystem must have at least one authorisation domain additional domains can be added as necessary to accurately represent the ecosystem’s structure an authorisation domain is defined as a free text string, offering flexibility in naming and categorization for country level ecosystems, the authorisation domains are typically set based on a given regulation and include a clear definition of its existing actors, responsibilities and governance one example of an authorisation domain is "open banking, which is defined by a regulation issued by a regulatory entity, is governed by a regulatory authority, has a clear set of participants, and contains well defined regulatory roles recommendations it's advised to avoid including regional or country identifiers directly in the authorisation domain name as the authorisation domain is the highest level entity in the ecosystem, a set of the registered reference data should be linked to this domain; being expected that a domain will also have roles and authorities related to it instead, these geographical associations should be indicated by the issuing authority's country of registration or through specific domain role authorisations, which can assign domain roles to particular geographic boundaries types and descriptions authorisation domain description psd2 the second payments service directive authorisation domain open insurance open insurance sector retail banking covering retail banking services commercial banking related to commercial banking activities private banking pertaining to private banking services open energy associated with the open energy sector once set inside the reference data, it will be possible to assign this domain claim to any existing organisations inside raidiam connect the process of assigning this claim to each organisation will be subject to each ecosystem policy