In a letter to European legislators, France’s data protection authority, the Commission nationale de l'informatique et des libertés, and its counterparts within the European Data Protection Board called for consistency with the EU General Data Protection Regulation in drafting a legislative framework on money laundering and terrorist financing. They particularly note “the obligation imposed by the GDPR to process only data that is accurate, relevant, and limited to what is necessary” and said the draft should state data processing rules for concerned organizations.
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