FiDA could revolutionize the financial market. The new regulation could provide third-party providers with standardized access to financial data. But high costs and unanswered questions remain. You can find the full article with an assessment by KPMG Law expert Ulrich Keunecke here.
“Depending on the product group, the market participants then have 18, 36 or 42 months to agree on a common FDSS and implement it.”
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