LAWYERS BATTLE OVER WHETHER EU BENEFICIAL OWNERSHIP ARE A STEP TOO FAR FOR DATA PROTECTION
October 2nd, 2021
AS the European Union (EU) debates the proposed creation of a supra-national EU Anti-Money Laundering Authority (AMLA) and associated reforms to EU AML/CFT law, it must take privacy concerns into account, the European Data Protection Supervisor (EDPS) has argued.
In a comprehensive and detailed comment on the proposed new EU AML/CFT regulation and directive, the EDPS, an EU agency with powers to regulate the EU general data protection regulation, has said it supports these proposed laws’ embrace of the risk-based approach, which implies measures “as ...
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