{"id":2141,"date":"2024-05-12T23:52:00","date_gmt":"2024-05-12T21:52:00","guid":{"rendered":"https:\/\/fida.bipro.net\/what-are-fida-obligations-for-financial-institutions\/"},"modified":"2024-05-31T16:42:48","modified_gmt":"2024-05-31T14:42:48","slug":"what-are-fida-obligations-for-financial-institutions","status":"publish","type":"post","link":"https:\/\/fida.bipro.net\/en\/what-are-fida-obligations-for-financial-institutions\/","title":{"rendered":"What are FiDA obligations for financial institutions?"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Features” _builder_version=”4.23.1″ custom_padding=”|0||0px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

FiDA obligations<\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ _builder_version=”4.23.1″ _module_preset=”default” width=”100%” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/fida.bipro.net\/wp-content\/uploads\/2023\/10\/Was-ist-FIDA.png” alt=”What is Financial Data Access Regulation” title_text=”What is Financial Data Access Regulation” align=”center” _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

FiDA obligations include, among others, the mandatory regulations<\/b> for organizing data access<\/b>:<\/p>\n

[\/et_pb_text][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

1) Art. 4: Obligation to make available data to the customer<\/h3>\n

Upon request from a customer submitted by electronic means<\/b>, the data holder shall make customer data available to the customer promptly and free of charge via an online or mobile customer interface in an easily readable format <\/b> and, where relevant and technically feasible, continuously and in real time.<\/p>\n

[\/et_pb_text][et_pb_image src=”https:\/\/fida.bipro.net\/wp-content\/uploads\/2024\/05\/FiDA-Pflichten.png” alt=”FiDA obligations” title_text=”FiDA obligations” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

2) Art. 5: Obligations on a data holder to make customer data available to a data user<\/h3>\n

The Data Holder shall, upon an explicit electronically submitted request from a Customer, make the Customer Data available to a Data User acting on behalf of the Customer only for the purposes related to the specific service for which the Customer has expressly consented to the use of his\/her data. The customer data will be made available to the data user promptly and, where relevant and technically feasible, continuously and in real time.<\/p>\n

[\/et_pb_text][et_pb_image src=”https:\/\/fida.bipro.net\/wp-content\/uploads\/2024\/05\/FiDA-Pflichten-Dateninhaber.png” alt=”FiDA obligations data holder” title_text=”FiDA obligations data holder” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

3) Art. 8: Dashboards of access permissions to financial data<\/h3>\n

A Data Holder provides the Customer with an easily accessible permissions dashboard to monitor and manage the permissions a Customer has granted to Data Users.<\/p>\n

[\/et_pb_text][et_pb_image src=”https:\/\/fida.bipro.net\/wp-content\/uploads\/2024\/05\/FiDA-Pflichten-Berechtigungs-Dashboard.png” alt=”FiDA Obligations Permission Dashboard” title_text=”FiDA Obligations Permission Dashboard” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,3_4″ _builder_version=”4.23.1″ _module_preset=”default” width=”100%” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/fida.bipro.net\/wp-content\/uploads\/2023\/10\/Zeit.png” title_text=”Time” _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

4) Articles 9 and 10: System for the acccess to financial data (so-called FIDA system or FiDA scheme)<\/h3>\n

[\/et_pb_text][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n

All affected data holders and data users<\/b> must join at least one FiDA system\/FiDA scheme that regulates access to customer data within 18 months of the regulation coming into force.<\/p>\n

Any access<\/b> to data must be carried out in accordance with the rules and modalities of a FIDA Scheme<\/b> to which both the data user and the data holder belong<\/b>.<\/p>\n

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FiDA obligationsFiDA obligations include, among others, the mandatory regulations for organizing data access:1) Art. 4: Obligation to make available data to the customer Upon request from a customer submitted by electronic means, the data holder shall make customer data available to the customer promptly and free of charge via an online or mobile customer interface […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-2141","post","type-post","status-publish","format-standard","hentry","category-fida-regulation"],"_links":{"self":[{"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/posts\/2141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/comments?post=2141"}],"version-history":[{"count":2,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/posts\/2141\/revisions"}],"predecessor-version":[{"id":2143,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/posts\/2141\/revisions\/2143"}],"wp:attachment":[{"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/media?parent=2141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/categories?post=2141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fida.bipro.net\/en\/wp-json\/wp\/v2\/tags?post=2141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}