We should all support this law, just with one addition:
All data shared by politicians, public servants and all of their family members within the EU has to be shared, analysed for corruption + stored forever.
If we are all considered pedophiles, then all politicians are criminals.
Yes, a few people will be wrongly accused and we all loose our freedom.
HOWEVER, with every election we will get a small chance that the previous administration will get audited and corruption and other crimes will get uncovered.
Seems to be worth it.