Indian Journal for Research in Law and Management

The Indian Journal for Research in Law and Management

Advancing Law and Management

ISSN No. : 2583-9896

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The Indian Journal for Research in Law and Management

ISSN No. : 2583-9896

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Account Aggregators: A Comparative Study of Regulations in India and the EU

Authors
Kumar Sajal
Kristu Jayanti College of Law, Bengaluru affiliated to Karnataka State Law University
Published October 3, 2025
Volume Volume II
Issue Issue 10
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Kumar Sajal (2025). Account Aggregators: A Comparative Study of Regulations in India and the EU. The Indian Journal for Research in Law and Management, Volume II(Issue 10). Retrieved from https://ijrlm.com/journal/account-aggregators-a-comparative-study-of-regulations-in-india-and-the-eu/

Abstract

Data is the new oil. It is considered a modern weapon of warfare, particularly financial data. This article studies how financial data of an individual is shared with consent for availing services and how the consent management system works. This article also examines the comparative analysis of the regulatory frameworks governing Account Aggregators (AAs) in India and their counterparts, Account Information Service Providers (AISPs), under the European Union’s PSD2 (Second Payment Services Directive), and how both frameworks differ from each other.

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The Indian Journal for Research in Law and Management
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2583-9896
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