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Finance & Economy

The financial crisis has emphasised the need to harmonise rules on the functioning of financial markets, a crucial source of financing in today´s economy. The EU actively tries to improve, in particular, the accountability of financial institutions and transparency of financial markets, at the same time combatting tax evasion and money laundering. These legitimate policies often require, in practice, the collection, use and storage of large amounts of personal information. Therefore, it is necessary to balance public policy objectives with the fundamental rights to privacy and data protection.

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29
Mar
2023

TechDispatch #1/2023 - Central Bank Digital Currency

Countries around the world are examining whether they should offer central bank money to the public not only as banknotes and coins, but also in digital form.
The fact that the majority of central banks around the world have already started exploring the possibility of launching a state-owned digital currency comes as a response to the increased adoption of digital, contactless payments, cryptocurrencies and e-commerce, further accelerated by Covid-19, b and also due to the possibilities offered by these digital currencies as a more flexible monetary tool compared to the existing non-digital currency.
Privacy, the protection of personal data and security are amongst the most important requirements, which impact the core design choices to be taken, as well as expected citizens’ trust and acceptance.

Available languages: English
6
Feb
2023

EDPS Opinion on the Proposal for a Directive of the European Parliament and of the Council harmonising certain aspects of insolvency law

EDPS Opinion on the Proposal for a Directive of the European Parliament and of the Council harmonising certain aspects of insolvency law

Available languages: German, English, French
26
Oct
2021

Newsletter (89)

In our October newsletter, discover our new initiative, TechSonar, and rediscover our award-winning TechDispath reports! Read up on our latest Formal Comments, and our Guidelines for EU institutions' return to the workplace, and more!