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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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2
Feb
2017
Opinions

Anti-money laundering

EDPS Opinion on a Commission Proposal amending Directive (EU) 2015/849 and Directive 2009/101/EC, Access to beneficial ownership information and data protection implications

Available languages: German, English, French
Executive summary
Available languages: Bulgarian, Czech, Danish, German, Estonian, Greek, English, Spanish, French, Croatian, Italian, Latvian, Lithuanian, Hungarian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Finnish, Swedish
Topics
Finance & Economy
Money laundering
30
Sep
2016
Events

Data Protection in Financial Technology (FinTech), Insurance, and Medical Services: a New Regulation and Perspectives

The Union Internationale des Avocats (UIA) will hold a two-day seminar on data protection in the FinTech, insurance and medical services sectors. Hosted by the European Court of Justice in Luxembourg, the event is open to both lawyers and non-lawyers and will take place between 30 September and 1 October 2016.

The FinTech, insurance and medical services sectors all face common challenges when dealing with particularly sensitive data. While big data and new technologies have created new opportunities for these sectors, these developments also raise significant data protection concerns. The seminar will explore the challenges of finding a balance between the adoption of these new technologies, the search for competitiveness and the need to protect personal data, and how we can address them. Conclusions will be presented by European Data Protection Supervisor Giovanni Buttarelli alongside Dean Spielmann, a judge at the General Court of the European Union.

More information on the event and how to register can be found in the event programme.

Topics
Finance & Economy