Part 7Miscellaneous
Bank of England
I1246Information
1
The Bank of England may disclose information that it thinks relevant to the financial stability of—
a
individual financial institutions, or
b
one or more aspects of the financial systems of the United Kingdom.
2
Information about the business or other affairs of a specified or identifiable person may be disclosed under subsection (1) only to—
a
the Treasury;
b
the Financial Services Authority;
c
the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000);
d
an authority in a country or territory outside the United Kingdom which exercises functions similar to those of the Treasury, the Bank of England or the Financial Services Authority in relation to financial stability;
e
the European Central Bank.
3
This section—
a
overrides a contractual or other requirement to keep information in confidence, and
b
is without prejudice to any other power to disclose information.