Financial Data Access (FIDA)
The European standardisation framework for open finance and insurance data access — enabling customers to share their financial and insurance data with authorised third parties through secure, standardised APIs.
The Financial Data Access (FIDA) regulation is a European Union legislative framework that extends open banking principles to the broader financial sector — including insurance. It grants customers the right to share their financial data with authorised third parties through standardised, secure APIs.
CEN TC/445 Working Group 1 is the European Committee for Standardisation technical committee responsible for developing the technical standards that implement FIDA — defining the API schemas, consent flows and data models that insurers and financial institutions must expose.
Customer Consent Framework
Standardised consent flows that allow customers to authorise third parties to access their insurance and financial data — with granular control and revocation rights.
Insurance Data Schemas
Common data models for insurance products, policies, claims and premiums — enabling interoperability across insurers and EU member states.
Open API Specifications
REST API specifications that insurers must implement to expose customer data to authorised Financial Information Service Providers (FISPs).
Security & Authentication
OAuth 2.0 and OpenID Connect profiles tailored for financial data access — ensuring secure, auditable data sharing across the EU.
MCP servers implementing FIDA/CEN TC/445 standards act as FISP-compatible clients — handling consent acquisition, token management and data retrieval on behalf of AI agents. This allows agents to access customer insurance data in a fully regulation-compliant way.
Initiate and manage FIDA consent flows within agent conversations
Retrieve customer policy portfolios from FIDA-compliant insurers
Access claims history and premium data with customer consent
Works across all EU insurers required to implement FIDA APIs
Consent status verification before any data access
European Commission publishes FIDA regulation proposal
CEN TC/445 WG1 begins technical standardisation work
Draft API specifications and data schemas published for consultation
Final standards expected; insurers begin implementation preparation
Mandatory compliance for EU insurers and financial institutions
Browse FIDA MCP servers
Find MCP servers that implement CEN TC/445 and FIDA standards.