The Scottish and Northern Ireland Banknote Regulations 2009

Permitted publication or disclosure of information U.K.

17.—(1) Information provided to the Bank of England in accordance with the rules may be published or disclosed by—

(a) the Bank of England, or any officer or servant of it; or

(b) any person obtaining the information directly or indirectly from the Bank of England,

in any of the circumstances mentioned in paragraph (2).

(2) The circumstances referred to in paragraph (1) are—

(a) the authorised bank has given its consent to the publication or disclosure;

(b) the information has been made available to the public from another source;

(c) the information is in the form of a summary or collection of information so framed as not to enable information relating to a particular authorised bank to be ascertained from it;

(d) the publication or disclosure is made for the purpose of enabling or assisting the Bank of England to discharge its functions under these Regulations;

(e) the disclosure is made with a view to the instigation of, or otherwise for the purposes of, any criminal proceedings;

(f) the disclosure is made with a view to the enforcement of any civil penalty imposed under regulation 33;

F1 (g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F2 (h) the disclosure is made to the Treasury, the Financial Conduct Authority or the Prudential Regulation Authority, and the Bank of England considers that the disclosure would assist—

(i) the Financial Conduct Authority or the Prudential Regulation Authority (as the case may be) in the discharge of their functions under the Financial Services and Markets Act 2000, or

(ii) the Treasury in the discharge of their functions under the Financial Services and Markets Act 2000, the Act or these Regulations.]

(3) The [F3 Treasury, the Financial Conduct Authority or the Prudential Regulation Authority] may, for the purpose of assisting them in the discharge of their functions under the Financial Services and Markets Act 2000 or, in the case of the Treasury, under the Act or these Regulations, publish or disclose information obtained by them under paragraph (2)(h).

Textual Amendments

F1 Reg. 17(2)(g) omitted (31.12.2020) by virtue of The Bank of England (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1297), regs. 1(2), 10; 2020 c. 1, Sch. 5 para. 1(1)

F2 Reg. 17(2)(h) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 180(a)

F3 Words in reg. 17(3) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 180(b)