CHAPTER VI

ROLE OF COMPETENT AUTHORITIES

Professional secrecy
Article 34
1
The obligation of professional secrecy shall apply to all natural or legal persons who work or who have worked for the FCA or for any authority or natural or legal person to whom the FCA has delegated tasks, including auditors and experts contracted by the FCA. Confidential information covered by professional secrecy may not be disclosed to any other natural or legal person or authority except where such disclosure is necessary for legal proceedings.
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Words in Art. 34(1) substituted (31.12.2020) by The Short Selling (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1321), regs. 1(2), 13(2)(a) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Art. 34(2) omitted (31.12.2020) by virtue of The Public Record, Disclosure of Information and Co-operation (Financial Services) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/681), regs. 1(3), 10(2); 2020 c. 1, Sch. 5 para. 1(1)