With a view to making the EU a leader in our data-driven society, member states’ representatives (Coreper) reached a common position (“negotiating mandate”) allowing the Council to enter negotiations with the European Parliament on the proposed legislation regarding harmonised rules on fair access to and use of data (data act).
Timeline is accelerating on the Data Act and both institutions are quite confident that they are going to strike a deal before the end of the Swedish Presidency which ends on 30 June 2023.
Febis Regulatory Committee has worked over the past weeks on a submission to the EU consultation on the EU Data Strategy unveiled by the Commission early 2020. In this submission paper, Febis insists on major points that are of great importance for credit and business information providers in terms of data access, data quality, fair competition, and technological adaptation. The paper thus outlines the need to foster access to data and the need not only to invest in data infrastructures , but...