This online webinar is on the Commission proposal for a regulation on a framework for financial data access (FIDA proposal). The webinar will consist of an introductory presentation of the proposal followed by a discussion. The event is open to all members of the public.

The Commission proposal for a regulation on a framework for financial data access was adopted on 28 June. The general objective of the proposal is to ensure that financial services customers (consumers and firms) have effective control over the use of their data by enabling responsible access to selected types of data subject to customer permission. The framework will improve economic outcomes for customers and financial sector firms by promoting digital transformation and speed up adoption of data-driven business models in the EU financial sector.