The EU's asset register: Joachim Streit warns of unnecessary stress

Die EU plant ein umfassendes Vermögensregister, das laut Joachim Streit einen massiven Eingriff in die Privatsphäre darstellt. Er kritisiert die unverhältnismäßigen Folgen für Millionen unbescholtener Bürger und sieht in dem Register mehr Bürokratie und Missbrauchsgefahr als Nutzen. Erfahren Sie, warum gezielte Maßnahmen zur Bekämpfung von Geldwäsche und Terrorismusfinanzierung effektiver wären.
The EU is planning a comprehensive asset register that, according to Joachim Streit, is a massive intervention in privacy. He criticizes the disproportionate episodes for millions of unsolved citizens and sees more bureaucracy and risk of abuse in the register. Find out why targeted measures to combat money laundering and terrorist financing would be more effective. (Symbolbild/MB)

The EU's asset register: Joachim Streit warns of unnecessary stress

alarm level red in the EU! A planned asset register could turn our privacy upside down! While the official votes emphasize that this register should help against money laundering, terrorism financing and tax evasion, MP Joachim Streit (Free Voters) sees the perception very differently - and warns: "This is a massive interference with privacy!"

How can it be that so many citizens who have not been guilty of guilty are under general suspicion? Army makes it clear: "A register that covers all assets over 200,000 euros would load millions of citizens with prejudices, even though they have no connection to criminal activities!" He addresses a fundamentally important topic that could affect each of us.

bureaucracy without end

But that's not all! The regularity required by the citizens to report and update their assets could spark a bureaucratic nightmare. Streit warns: "The burden and uncertainty of the citizens are in no relation to the supposed benefit that such a register could bring." False or incomplete information could lead to drastic sanctions, even if there was never an evil intention!

The concerns about data protection are also not without reason: a central register that stores sensitive information about assets, magically attracts cybercriminals! Dispute emphasizes the uncertainty that could arise from inadequate protection, and it asks itself the pressing question: Who had access to this delicate data? And how can abuse be prevented by government agencies or private actors?

A call to rethink

With a clear view of the current Situation, Streit is now demanding from the EU to introduce targeted measures to combat money laundering and terrorist financing. "A disproportionately extensive asset register that captures undamaged citizens would cause more damage than benefits," said the MP, who sets a clear sign for the protection of civil rights.

In times when data protection and privacy are becoming increasingly valuable, the voices such as Joachim Streit's voices are urgently required. In a world full of threats, it is our duty to have watchful eyes on our rights!

Berlin