How much personal information can a corporation require you disclose to them?
From her end, her company requires that she disclose any companies that her or anyone she lives with or is directly related to does any financial business with. This includes banking, home/car insurance, loans, mortgage, etc. Certain companies are on a non-approved list due to "conflicts of interest" and employees aren't allowed to have accounts with them. One of her co-workers was apparently forced into refinancing his mortgage with another bank because the bank he had a mortgage through was not on the non-approved list.
I can somewhat understand requiring your own employees submit all that information, especially if they're involved in auditing sensitive data from said clients.
But I find it outright offensive that a company I have absolutely no business or ties with (aside from my wife working for them) is demanding that I disclose information that I find highly personal with them using my wife as a proxy.
My wife and I keep our finances separate. While I don't have any issues sharing things with her, I do have issues sharing with her employer. I feel it's simply none of their business.
My own employer recently started rolling out a political donation pre-clearance program. I have zero interest in donating to political campaigns, so it's not too big a deal. But according to their fine print, I must pre-clear with them any political donation made by me, my spouce, my parents, siblings, or children. Again, I don't see it to be any of my business what any of those parties listed do with their money - how does a corporate even justify imposing that type of requirement?
Are companies going too far in requiring that spouses/family members share this type of information? Is there any way they can verify if I omitted information in what I disclosed to my wife? Can they legally do that?