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 of 4 June 2010 on the notification of a prior check relating to the file "Procedures to be applied for the consultation and updating of the central exclusion database" (Case 2010-248)
Opinion of 26 May 2010 on a notification for prior checking regarding the processing operation on personal data concerning the "Registration of a Data Subject in the Central Exclusion Database" (Case 2009-0681)
Opinion on the proposal for a Council directive on administrative cooperation in the field of taxation