The future of Open Finance in the EU is uncertain right now, as the Financial Data Access (FiDA) regulation is facing delays. FiDA, which aims to extend Open Banking into Open Finance, would allow broader sharing of financial data across areas like banking, insurance, pensions, and investments. However, concerns raised by the European Commission have slowed its progress, leaving the regulation’s future unclear. This webinar will focus on the current status of FiDA, its potential impact on banks, and what they can expect moving forward.

With FiDA’s future uncertain, we’ll discuss what it means for banks, particularly around compliance, innovation, and adapting to new regulatory challenges. We’ll also explore the potential impact on consumers and how banks can navigate the evolving landscape of financial data sharing. Our experts will offer insights into how the regulatory uncertainty surrounding FiDA could shape the future of Open Finance and what steps banks can take to prepare for potential changes.