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Feed/COD2023/0205(COD)Finance & Budget

Framework for Financial Data Access and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2022/2554

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 26d ago
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This procedure establishes rules for accessing financial data, aiming to foster innovation and competition in the financial sector. It seeks to create a more integrated and efficient financial market by enabling secure data sharing.

It affects financial institutions, data users, and consumers by defining rights and obligations for data access. This includes amending existing regulations on banking, insurance, and securities markets.