Council Regulation (EC) No 2580/2001Show full title

Council Regulation (EC) No 2580/2001 of 27 December 2001 on specific restrictive measures directed against certain persons and entities with a view to combating terrorism

Article 4U.K.

1.Without prejudice to the applicable rules concerning reporting, confidentiality and professional secrecy and to the provisions of Article 284 of the Treaty, banks, other financial institutions, insurance companies, and other bodies and persons shall:

  • provide immediately any information which would facilitate compliance with this Regulation, such as accounts and amounts frozen in accordance with Article 2 and transactions executed pursuant to Articles 5 and 6:

    • to the competent authorities of the Member States listed in the Annex where they are resident or located, and

    • through these competent authorities, to the Commission,

  • cooperate with the competent authorities listed in the Annex in any verification of this information.

2.Any information provided or received in accordance with this Article shall be used only for the purposes for which it was provided or received.

3.Any information directly received by the Commission shall be made available to the competent authorities of the Member States concerned and to the Council.