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EU: European Data Protection Supervisor: EDPS finds major deficiencies in anti-money laundering proposals

04 July 2013

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"Giovanni Buttarelli, Assistant EDPS, said: "The growing trend to acknowledge the importance of data protection in proposals for legislation is a welcome one. But on closer examination, the claims are often not supported with concrete measures and safeguards. A lack of further details will also result in undue discrepancies among Member States. Data protection should therefore not be perceived as an obstacle to combat money laundering but as a basic requirement necessary to achieve this purpose".

See the full text: EDPS finds major deficiencies in anti-money laundering proposals (pdf) and Opinion (pdf):

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