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Europe Daily Bulletin No. 13414

23 May 2024
Contents Publication in full By article 14 / 28
ECONOMY - FINANCE - BUSINESS / Finance
EU countries asked to vote on gradual introduction of systems for sharing financial data
Brussels, 22/05/2024 (Agence Europe)

Spain and Sweden recently proposed to the other Member States a market-led phasing-in of Financial Data Sharing Schemes (FDSS) under the new Framework for Financial Data Access (FiDA) regulation proposed by the European Commission in June 2023 (see EUROPE B13211A15).

With this new FiDA regulation, the Commission is seeking to strike a balance between protecting customer data and sharing it with players in the financial sector so that consumers can be informed and receive more tailored...

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