Commission consults on central bank account registry access

The European Commission has opened a public consultation on broadening law enforcement access to centralised bank account registries, with a view to increasing the speed and effectiveness with which authorities can trace criminal assets and investigate corruption.
Targeted at consumers, law enforcement agencies and almost all within the banking sector, the consultation seeks to collect opinions on possible new EU legislation broadening access to centralised bank and payment account registries to a targeted number of public bodies, in order to disrupt the activities of organised crime groups and terrorists.

An online questionnaire will be available to complete until 9 January 2018.