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Shareholder data shouldn’t be public by obligation, EU court opinion says

( December 18, 2025, 10:50 GMT | Official Statement) -- MLex Summary: An obligatory public disclosure of shareholder’s personal data in public limited companies goes against the EU’s General Data Protection Regulation, according to a non-binding legal opinion prepared for the EU's highest court. The Latvian referral to the EU's top court concerns national legislation that allows access to shareholder data without a legitimate-interest requirement. Safeguarding a transparent business environment, preventing fraud and ensuring enforcement of national and international sanctions do not constitute a legitimate interest for data sharing, Advocate General Rimvydas Norkus said, assigning greater weight to the protection of a private life.Opinion attached. The case reference is C-798/24....

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