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Financial market participants see EU Commission drop draft law on open banking

By Jean Comte and Luca Bertuzzi ( February 10, 2025, 10:43 GMT | Insight) -- The EU Commission is planning to withdraw its draft framework for Financial Data Access, according to a draft work program seen by MLex. The document says the proposal is not aligned with the executive's new priority of cutting red tape.The EU Commission is planning to withdraw its draft proposal for a framework for Financial Data Access, or Fida, according to a draft work program seen by MLex....

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