In Germany, companies offering security-related services have to provide to the Federal Financial Supervisory Authority (Bundesanstalt für Finanzaufsicht, “BaFin”) information regarding the identity of staff responsible for, inter alia, providing investment advice (Section 87 of the German Securities Trading Act, “WpHG”). That personal data is kept in an internal BaFin database . Continue Reading German Financial Supervisory Authority May Refuse GDPR Requests for Erasure of Personal Data of Investment Advisors