In this response, we express concerns about perceived imbalances in GDPR enforcement. We also note that the absence of clear guidance exacerbates the situation, especially in cases where the GDPR falls short in providing necessary clarity. Members of ACCIS assert that the GDPR has not streamlined the adoption of new technologies and methods. Despite claims to the contrary, the GDPR presents challenges for business units to explore, implement, and service emerging opportunities. Additionally, sectoral legislation often complicates matters by either complementing consumer rights recognised in the GDPR or mirroring its provisions with adaptations, leading to duplication of compliance burdens and potential contradictions.

In light of these challenges, we urge the European Commission to ensure consistent application of the GDPR, specifically in the context of credit markets.