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.
EDPS Opinion on two legislative Proposals relating to combatting VAT Fraud.
EDPS Decision of 13 March 2019 concerning the use of the IOSCO-ESMA Administrative Arrangement by the European Securities and Markets Authority.
Formal comments of the EDPS on the Proposal for a Directive of the European Parliament and of the Council on credit servicers, credit purchasers and the recovery of collateral
Formal comments of the EDPS on a proposal for a Directive of the European Parliament and of the Council on the issue of covered bonds and covered bonds public supervision and amending Directive 2009/65/EC and Directive 2014/59/EU
Formal comments of the EDPS on the Proposal for a Directive of the European Parliament and of the Council on facilitating the use of financial and other information for the prevention, detection, investigation or prosecution of certain criminal offences.