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TITLE VIICOMPETENT AUTHORITIES, EBA AND ESMA · CHAPTER 5EBA’s powers and competences with respect to issuers of significant asset-referenced tokens and issuers of significant e-money tokens

Article 127

Disclosure of information from third countries

1.   EBA may disclose information received from supervisory authorities of third countries only where EBA or the competent authority that provided the information to EBA has obtained the express agreement of the supervisory authority of a third country that has transmitted the information and, where applicable, the information is disclosed only for the purposes for which that supervisory authority gave its agreement or where such disclosure is necessary for judicial proceedings.

2.   The requirement for an express agreement as referred to in paragraph 1 shall not apply to other supervisory authorities of the Union where the information requested by them is needed for the fulfilment of their tasks and shall not apply to courts where the information requested by them is needed for investigations or proceedings in respect of infringements subject to criminal penalties.

Text of Regulation (EU) 2023/1114, source EUR-Lex · © European Union — reuse permitted under Commission Decision 2011/833/EU · Only the Official Journal version is authentic · Not legal advice.