Speakers
Chair
Fausto Parente
Executive Director - European Insurance and Occupational Pensions Authority
Public Authorities
Alex Ivančo
Head of Financial and Cohesion Policy Unit - Permanent Representation of the Czech Republic to the EU
Mary
(Public authority speaker) - Deputy Governor, Financial Regulation
Olivier Fliche
Director of FinTech Innovation Hub - Autorité de Contrôle Prudentiel et de Résolution (ACPR)
Regina Doherty
MEP - ECON Committee, European Parliament
Industry Representatives
Denis Rousset
Chief Risk Officer - Groupama
Gloria Hervás Ortega
Head of Public Policy - Banco Santander
Laurent Bertonnaud
Head of Public Affairs France – Retail – Digital - BNP Paribas
Marc Roberts
General Counsel - Raisin GmbH
Objectives
The objective of this session is to discuss the opportunities offered by an open finance framework in the European financial market and the next steps of the FiDA proposal.In the first part of the discussion, the panellists will assess the objectives and opportunities offered by the FiDA open finance framework and identify the key issues to be addressed during the trilogue negotiations on the FiDA proposal, taking into account the positions adopted by the co-legislators in 2024. In a second round, the panel will discuss possible solutions and ways forward to address the issues raised by the FiDA proposal in terms of framework content and implementation approach.
Points of discussion
- Progress of the FiDA trilogue negotiations and key issues to be addressed: Is there agreement on the objectives and opportunities of an open financial framework in Europe? What are the main issues that remain to be addressed in order to reach consensus on the FiDA proposal, taking into account the positions of the EU Parliament and Council? Does FiDA raise any fundamental issues in terms of added value or complexity?
- Possible solutions for addressing the issues raised by the FiDA proposal: How can the issues raised by the FiDA proposal in terms of e.g. scope of data, customer empowerment, incentives be addressed? What aspects of the FiDA proposal could be simplified without jeopardising the framework? What are the conditions for a successful implementation of FiDA?