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By Anne-Sophie Morvan, Member of the Open Insurance Think Tank, Head of Business Legal Affairs at LUXHUB
Despite some delays on the initially announced timeline, the European Commission (DG FISMA) is actively working on Open Finance. To better understand the needs and expectations of different stakeholders with regards to Open Finance, DG FISMA has decided to set up an Expert Group on European financial data space (the “Expert Group”), which released its Report on Open Finance on 24 October (the “Report”). This article will guide the reader through some key elements laid down in the Report, without nevertheless any claim to the exhaustivity.
The Expert Group
The Expert Group set up by the DG FISMA...
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