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.
Opinion on a notification for prior checking received from the Data Protection Officer of the European Central Bank (ECB) regarding the "Breach Reporting Mechanism (BRM)" (Case 2014-0871)
The October 2014 edition of the EDPS Newsletter covers the upcoming appointment of a new team of EDPS Supervisors, the EDPS Position Paper on international data transfers and many other EDPS activities.
Opinion on the Commission Proposal for a Directive of the European Parliament and of the Council regarding the encouragement of long-term shareholder engagement and certain elements of the corporate governance statement
Opinion on a notification for Prior Checking received from the Data Protection Officer of the Research Executive Agency regarding the processing operation on personal data concerning the "Early Warning System (EWS) at the Research Executive Agency" (Case 2012-0981)
Opinion on the proposal for a Regulation of the European Parliament and of the Council on structural measures improving the resilience of EU credit institutions and on the proposal for a Regulation of the European Parliament and of the Council on the reporting and transparency of securities financing transactions