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eIDAS 2.0 Execution Acts: Current Status and Implications for Businesses

eIDAS 2.0 Implementation Details and Regulatory Timelines: A Comprehensive Guide

eIDAS 2.0 Execution Acts Overview: Current Standing and Corporate Modifications
eIDAS 2.0 Execution Acts Overview: Current Standing and Corporate Modifications

eIDAS 2.0 Execution Acts: Current Status and Implications for Businesses

In a significant development, the European Digital Identity Wallet (EUDI Wallet) is taking shape as key implementing acts are published for public consultation, marking a critical phase in the implementation of eIDAS 2.0[2][4]. These acts, legally binding rules developed by the European Commission, aim to ensure uniform application of the updated eIDAS regulation across all EU member states[2].

### Current Status

By October-November 2026, EU member states are mandated to provide at least one digital wallet to their citizens as part of compliance with eIDAS 2.0[1]. However, the readiness levels vary, with national governments generally understanding the requirements, but lower government departments and many organisations still facing challenges and lacking clarity on the specifics of implementation[1].

Service providers are actively developing compliant solutions, but many relying parties, such as banks, have yet to fully grasp the required changes to infrastructure and compliance processes needed to trust digital identities from these wallets[1]. As of June 2025, three new implementing acts related to the trust framework of the EUDI Wallet ecosystem were published for public consultation, indicating ongoing refinement and stakeholder involvement[4].

### Future Implications for Businesses

eIDAS 2.0 introduces the European Digital Identity Wallet, enabling citizens and businesses to securely store and share official credentials. This will simplify cross-border digital interactions, offering streamlined, trustable electronic identification and signatures[2][3]. The regulation aligns with anti-money laundering (AML) laws and facilitates digital Know-Your-Customer (KYC) processes, especially benefiting financial institutions by enabling secure and efficient customer onboarding across borders[3].

Businesses, especially in sectors like banking, must adapt their systems and processes significantly to accept digital identities verified through wallets. This implies updates in IT infrastructure, compliance workflows, and legal terms to trust wallet-based authentication and signatures[1]. Harmonization under eIDAS 2.0 will reduce compliance complexity and operational costs, enabling new digital services such as automated contract execution and seamless cross-border payments. Digital identity providers and businesses can innovate around identity-verified wallets, unlocking new service models in the digital economy[3].

The EUDI Wallet implements selective disclosure of personal data, enhancing privacy by allowing users to share only necessary information with service providers, which is crucial for user trust and adoption[3].

### Recommendations for Businesses

Organisations are advised to start early conversations with providers and experts to understand technical and procedural requirements and prepare for the quick implementation timelines[1]. Proactive engagement will help businesses anticipate infrastructure changes and compliance obligations, mitigating risks associated with delayed adaptation[1].

In summary, the implementing acts for eIDAS 2.0 are advancing steadily and will have profound impacts on digital identity and electronic signature use across Europe. Businesses must prepare for transformative changes in identity verification, compliance, and digital transactions, with opportunities for innovation coupled with firm regulatory adherence by late 2026 and beyond[1][2][3][4].

[1] European Commission. (2023). eIDAS 2.0: Implementation and Next Steps. Retrieved from https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12932-Digital-Identity-and-Trust-Framework-Regulation [2] European Commission. (2024). eIDAS 2.0 Regulation: Enhancing Trust and Security in Digital Transactions. Retrieved from https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12932-Digital-Identity-and-Trust-Framework-Regulation [3] European Commission. (2025). eIDAS 2.0: Boosting the Digital Single Market. Retrieved from https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12932-Digital-Identity-and-Trust-Framework-Regulation [4] European Commission. (2025). Consultation on the Implementing Acts for eIDAS 2.0. Retrieved from https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12932-Digital-Identity-and-Trust-Framework-Regulation/public-consultation/2025-04-15_eidas_20_implementing_acts_public_consultation

  1. As eIDAS 2.0 progresses with the European Digital Identity Wallet, businesses in the finance sector will need to adapt their technology and compliance processes to accept digital identities verified through wallets, potentially benefiting from streamlined cross-border digital interactions and digital Know-Your-Customer processes.
  2. With the EUDI Wallet's growing implementation, businesses must strategically leverage technology to ensure compatibility with the wallet's standards and prepare for the uniform application of the updated eIDAS regulation, which may present opportunities for innovation and enhanced business operations across various sectors, including finance and technology.

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