IT-IP LAW NEWS

Data can lose its “personal” character when it is transferred

An organisation held personal data about the shareholders of a failing bank. It commissioned a third party to carry out an external valuation of the assets and to this end sent it a number of items of information, including comments made by the shareholders. To check the completeness of the information and detect duplicates, an alphanumeric code is assigned to each shareholder. Was personal data transferred? Not necessarily, says the court

Pubblicato il 26 lug 2023

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Etienne Wéry

Associé Avocat aux barreaux de Bruxelles et de Paris Chargé de cours à l'Université

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The Single Resolution Board (SRB) is a European authority created in 2014 as part of the European Banking Union. Its objective is to contribute to financial stability by ensuring the orderly resolution of troubled banks and avoiding a systemic crisis. The CRU can be asked to take resolution measures for an ailing bank, such as restructuring, sale or liquidation, to protect depositors, investors and financial stability.

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