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Confidentiality undertaking Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European Statistics provides the basic legal framework for the development, production
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Companies operating within the European Union (EU) that handle personal data are required to comply with regulation EC No 2232009. This includes businesses of all sizes, ranging from small startups to large corporations.
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The regulation also applies to organizations based outside the EU that offer goods or services to EU citizens or monitor their behavior. These non-EU entities must comply with the regulation in order to process the personal data of individuals within the territory of the European Union.
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Regulation EC No 223 pertains to the European System of Accounts (ESA) which provides a framework for compiling harmonised and comparable statistics across the European Union.
EU member states are required to file regulation EC No 223.
Regulation EC No 223 requires EU member states to follow the guidelines provided in the European System of Accounts (ESA) manual.
The purpose of regulation EC No 223 is to ensure consistency in the compilation of economic statistics across EU member states.
Regulation EC No 223 requires the reporting of economic data such as GDP, national accounts, and government finances.
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