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 the Proposal for a Regulation of the European Parliament and of the Council on energy market integrity and transparency, OJ C 279/03, 23.09.2011, p.20
Opinion on the proposal for a Regulation of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories, OJ C 216/04, 22.07.2011, p.9
Proposal for a Regulation of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories
Opinion on the proposal for a Directive of the European Parliament and of the Council on Deposit Guarantee Schemes (recast)
See also the text of the proposal for a Directive of the European Parliament and of the Council on Deposit Guarantee Schemes (recast).
Opinion on the Proposal for a Council Decision on the conclusion of the Agreement between the European Union and the United States of America on the processing and transfer of Financial Messaging Data from the European Union to the United States for purposes of the Terrorist Finance Tracking Program (TFTP II)