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.
Letter to Ms Cecilia Malmström, European Commissioner for Home Affairs concerning proposal for directive on freezing and confiscating proceeds of crime
Opinion on the proposals for a Regulation on European Venture capital funds and for a Regulation on European Social entrepreneurship funds
Letter to Ms Sonia Alfano, MEP, concerning EDPS involvement in Special Committee on Organised Crime, Corruption and Money Laundering (CRIM)
Opinion on the Commission proposals for a Directive of the European Parliament and of the Council on markets in financial instruments repealing Directive 2004/39/EC of the European Parliament and of the Council (Recast), and for a Regulation of the European Parliament and of the Council on markets in financial instruments and amending Regulation on OTC derivatives, central counterparties and trade repositories, OJ C 147/01 25.05.2012, p1
See also the text of the proposal for a Directive of the European Parliament and of the Council on markets in financial instruments repealing Directive 2004/39/EC of the European Parliament and of the Council