Where the law stands, Dossier 2023/0205(COD)
Framework for Financial Data Access and amending Regulations (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2022/2554
Ordinary legislative procedure (COD): Parliament and the Council decide together as equals. · First reading
A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.
Where it stands
Plenary vote
Parliament’s negotiators are talking to the Council (last trilogue 17 June 2025); the plenary vote on the outcome is still to come.
- Referred to committee(done) 19 October 2023
- Committee work(done) Report adopted 18 April 2024
- Tabled for plenary(done) 30 April 2024
- Plenary vote Awaiting the vote
- Negotiations with the Council Trilogue 17 June 2025
- Published as law(to come)
No plenary decision on this dossier is in our records yet.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Johan van Overtveldt (ECR)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Regina Doherty (EPP), Eero Heinäluoma (S&D), Tomáš Kubín (Patriots), Stéphanie Yon-Courtin (Renew), Rasmus Andresen (Greens), Jussi Saramo (The Left)
The text, version by version
Newest first.
Tabled for plenary· 30 Apr 2024
AI summary:Parliament's amended version of the Commission proposal for a regulation on a framework for Financial Data Access. It requires financial institutions to share customer data with authorised data users at the customer's explicit request, and sets rules for financial information service providers.
Committee draft· 13 Dec 2023
AI summary:This is the rapporteur's draft report on the Commission proposal for a regulation on a framework for Financial Data Access (FiDA). It proposes amendments to the Commission text, including changes to recitals and articles.
Timeline
Newest first.
Negotiations with the Council 3 steps
17 June 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
1 April 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
18 December 2024
Plenary endorsed the mandate to negotiate with the Council
Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).
Plenary stage 1 step
30 April 2024
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 4 steps
18 April 2024
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
2 February 2024
Amendments tabled in committee (2 batches)
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
Amendments in committee (ECON)Amendments in committee (ECON)
13 December 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
19 October 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2023/0205(COD)