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Europe Daily Bulletin No. 11879

10 October 2017
ECONOMY - FINANCE - BUSINESS / Competition
Inspections into restricted access to bank data carried out by Commission and national authorities
Luxembourg, 09/10/2017 (Agence Europe)

On Friday 6 October, the European Commission announced that it had carried out inspections in certain member states, on Tuesday 3 October, concerning restrictions of access to online bank account information.

The entities that were inspected, companies or representation associations, are suspected of having blocked rival non-bank providers of financial services from having access to customers' bank account information, even though the customers had consented to this access. The Commission...

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