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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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8
Jul
2015
Opinions

EU-Switzerland agreement on the automatic exchange of tax information

Opinion on the EU-Switzerland agreement on the automatic exchange of tax information

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
International Agreements
Transfers of data
Information Security
Finance & Economy
Tax cooperation
Tax evasion
2
Jul
2015
Annual Reports

2014 Annual Report - EU Data Protection Reform: a historic opportunity for Europe

2014 was a year of transition for the EDPS, marked by the delayed selection and appointment of a new Supervisor and Assistant Supervisor. Despite the resulting uncertainty, the EDPS under the calm authority and tireless efforts of Peter Hustinx, whose 10-year tenure as EDPS drew to a close in 2014, continued to make significant progress in mainstreaming data protection in EU policymaking.

Building on this legacy, the EDPS' priorities for 2015, as part of the five year strategy of the dynamic team of new Supervisors, is to help the EU to speak with one voice on data protection to uphold the rights and interests of the individual in our digitalised society. To this end, the adoption of the data protection reform will be a significant milestone for Europe and an important message to the rest of the world.

Full text of the Annual Report:
Available languages: English
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
Data Protection Officer
General Data Protection Regulation
Rights of the Individual
International Cooperation
Transfers of data
Supervision coordination
Digital Clearinghouse 2.0
Finance & Economy
Privacy in the EU Institutions
Conflicts of Interest
Technologies
17
Jun
2015
Formal Comments

Exchange of information in the field of taxation

EDPS comments on a proposal for a Council directive amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation

Available languages: German, English, French
Topics
Finance & Economy
Tax cooperation
13
May
2015
Opinions Prior Check and Prior Consultations

Anti-Money Laundering and Financing of Terrorism (AML-CFT) - EIF

Opinion on a notification for prior checking received from the Data Protection Officer of the European Investment Fund (EIF) regarding the processing of personal data in the context of Anti-Money Laundering and Financing of Terrorism (AML-CFT) (Case 2014-0908)

Available languages: German, English, French
Topics
Finance & Economy
Money laundering