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 the European Commission’s action plan for a comprehensive Union policy on preventing money laundering and terrorism financing
Comments of the European Data Protection Supervisor on the proposal for a Council Directive amending Directive 2011/16/EU to address the urgent need for deferring certain time limits for the filing and exchange of information in the field of taxation due to the COVID-19 pandemic
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