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  1. Proposal for a Regulation of the European Parliament and of the Council on a framework for Financial Data Access and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2022/2554 (COM(2023) 360 final / 2023/0205 (COD)) (updated 19 April 2024 with Information Note - List of WKs published from 1 July to 31 December 2023)
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Version status: Published
Published date: 28 June 2023

Proposal for a Regulation of the European Parliament and of the Council on a framework for Financial Data Access and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2022/2554 (COM(2023) 360 final / 2023/0205 (COD)) (updated 19 April 2024 with Information Note - List of WKs published from 1 July to 31 December 2023)

Marked-up copies of text with the provisions of the Proposal incorporated
Comparing proposed amendment...
Explanatory Memorandum
1. Context of the Proposal
2. Legal Basis, Subsidiarity and Proportionality
3. Results of Ex-post Evaluations, Stakeholder Consultations and Impact Assessments
4. Budgetary Implications
5. Other Elements
Proposal for a Regulation of the European Parliament and of the Council on a framework for Financial Data Access and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2022/2554
Recitals
Title I Subject Matter, Scope, and Definitions (arts. 1-3)
Article 1 Subject matter
Article 2 Scope
Article 3 Definitions
Title II Data Access (arts. 4-5)
Article 4 Obligation to make available data to the customer
Article 5 Obligations on a data holder to make customer data available to a data user
Article 6 Obligations on a data user receiving customer data
Title III Responsible Data Use and Permission Dashboards (arts. 7-8)
Article 7 Data use perimeter
Article 8 Financial Data Access permission dashboards
Title IV Financial Data Sharing Schemes (arts. 9-11)
Article 9 Financial data sharing scheme membership
Article 10 Financial data sharing scheme governance and content
Article 11 Empowerment for Delegated Act in the event of absence of a financial data sharing scheme
Title V Eligibility for Data Access and Organisation (arts. 12-16)
Article 12 Application for authorisation of financial information service providers
Article 13 Legal representatives
Article 14 Granting and withdrawal of authorisation of financial information service providers
Article 15 Register
Article 16 Organisational requirements for financial information service providers
Title VI Competent Authorities And Supervision Framework (arts. 17-27)
Article 17 Competent authorities
Article 18 Powers of competent authorities
Article 19 Settlement agreements and expedited enforcement procedures
Article 20 Administrative penalties and other administrative measures
Article 21 Periodic penalty payments
Article 22 Circumstances to be considered when determining administrative penalties and other administrative measures
Article 23 Professional secrecy
Article 24 Right of appeal
Article 25 Publication of decisions of competent authorities
Article 26 Cooperation and exchange of information between competent authorities
Article 27 Settlement of disagreements between competent authorities
Title VII Cross Border Access To Data (arts. 28-29)
Article 28 Cross-border access to data by financial information service providers
Article 29 Reasons and communication
Title VIII Final Provisions (arts. 30-36)
Article 30 Exercise of delegation
Article 31 Evaluation of this Regulation and report on access to financial data
Article 32 Amendment to Regulation (EU) No 1093/2010
Article 33 Amendment to Regulation (EU) No 1094/2010
Article 34 Amendment to Regulation (EU) No 1095/2010
Article 35 Amendment to Regulation (EU) 2022/2554
Article 36 Entry into force and application
Done at
Presidency Compromise text or Note or Opinion
Accompanying documents
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