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ARTICLE · 21 OCTOBER 2025

EU Weighs In On Pseudonymized Data

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A thorny issue for companies has been how to handle data derived from personal information.

European UnionPrivacy

A thorny issue for companies has been how to handle data derived from personal information. Is it still personal information? Do privacy laws apply? The EU Court of Justice of grappled with this issue in a September decision. The case arose following a Spanish bank's financial difficulties. Its regulatory agency, the European Single Resolution Board, stepped in to attempt to value some of the bank's investments and otherwise determine next steps. As part of the process, the board hired a consulting firm to analyze feedback from the bank's shareholders and creditors. The board collected the information, pseudonymized the data, and then sent the pseudonymized data set to the consulting firm.

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