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Image header Agence Europe
Europe Daily Bulletin No. 13538
Contents Publication in full By article 18 / 31
ECONOMY - FINANCE - BUSINESS / Finance

EU Council reaches agreement on ‘FIDA’ regulation on sharing consumer financial data

On Wednesday 4 December, the Member States’ ambassadors to the EU (Coreper) reached agreement on a common position of the Council of the EU on the ‘FIDA’ Regulation, which aims to establish a regulatory framework for the access, use and re-use of customer data in financial services.

As evidenced by a draft compromise of 24 November (see EUROPE B13532A12), the Council broadly supports the European Commission’s initial proposal (see EUROPE B13211A15) and specifies the scope of the...

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