In our feedback paper on the European Commission’s proposal on Financial Data Access (FIDA), we state that the proposed framework represents a positive step toward responsible and innovative financial services within the European Union. However, there are crucial ambiguities that need clarification, particularly regarding the scope and exclusion of consumer data for creditworthiness assessments. ACCIS emphasizes the necessity for consistency between different sections of the proposal and underscores that existing regulations like the GDPR and the revised Consumer Credit Directive already address concerns about data misuse and unfair treatment. Clear and coherent alignment with these existing regulations is essential for FIDA to effectively promote financial innovation while safeguarding consumer rights.