Julius Šakalys

On July 10, 2026, the European Single Access Point (ESAP) launches its Phase 1 — the EU's new centralised platform for financial and sustainability data. For most observers, ESAP is primarily a transparency tool. For FIDA compliance infrastructure teams, it is something more: the first operational proof that the EU can build shared financial data access infrastructure at scale. This article explains what ESAP is, how it connects to FIDA, and what financial institutions building FIDA...

On June 15, 2026, the Working Party of Financial Counsellors meets in Brussels for what is effectively the final substantive meeting under the Cyprus Presidency. Ireland takes over the EU Council Presidency on July 1 — and with it, responsibility for advancing some of the EU's most consequential financial regulation files, including FIDA. This is not a procedural formality. The decisions made — or not made — in the final weeks of the Cyprus Presidency will shape the starting conditions for...

FIDA is rolling out in 2025 (expected), then in 24, 36 & 48 months, impacting credit agreements, accounts, investments & more.