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GDPR rights to access data on shareholders in investment funds clarified by EU’s top court

( September 12, 2024, 11:22 GMT | Official Statement) -- MLex Summary: The personal data of shareholders in investment funds can only be shared if it is strictly necessary for fulfilling a contract, but not if the contract explicitly forbids it, the EU Court of Justice ruled today. The court said that such data sharing must not override shareholders' rights or privacy. The case stems from questions referred by a Munich court, seeking to clarify whether limited partners have the right to access data on indirect shareholders in investment funds under the EU's General Data Protection Regulation.The judgment is attached in French. ...

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