EDPB adopts data sharing for AML/CFT purposes letter to EU institutions

04/04/2023 | EDPB

The European Data Protection Board (EDPB) has adopted a letter to the European Parliament and Council of the European Union highlighting the privacy and data protection risks in the proposed amendments concerning data sharing for anti-money laundering and countering the financing of terrorism (AML/CFT) purposes. The EDPB is concerned about the "lawfulness, necessity and proportionality" of the provisions and that they do not sufficiently define the justifiable processing conditions and safeguards, which could lead to very large-scale processing by private entities.

Read Full Story
EDPB Plenary meeting

What is this page?

You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.

The Privacy Newsfeed monitors over 300 global publications, of which more than 4,350 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.

Freevacy has been shortlisted in the Best Educator category.
The PICCASO Privacy Awards recognise the people making an outstanding contribution to this dynamic and fast-growing sector.