Commission Regulation (EU) No 389/2013Dangos y teitl llawn

[F1 Article 110 U.K. Confidentiality

1. Information held in the Registry, including the holding of accounts, all transactions made, the unique unit identification code of the allowances and the unique numeric value of the unit serial number of the Kyoto units held or affected by a transaction, must be considered confidential except as otherwise required by domestic or international law, including relevant international climate law.

2. The national administrator may provide information held in the Registry to the following entities—

(a) a designated national authority;

(b) the European Anti-fraud Office of the European Commission;

(c) law enforcement authorities, tax authorities or insolvency services in the United Kingdom;

(d) international law enforcement authorities, tax authorities or insolvency services;

(e) the UNFCCC;

(f) the administrator of a registry connected to the UNFCCC International Transaction Log.

3. Information may be provided to the entities referred to in paragraph 2 upon their request to the national administrator if such requests are justified and necessary for the purposes of investigation, detection, prosecution, tax administration or enforcement, auditing and financial supervision of fraud involving Kyoto units, or of money laundering, terrorism financing, other serious crime, or a market manipulation offence for which the accounts in the Registry may be an instrument.

4. An entity receiving information in accordance with paragraph 3 must ensure that the information received is only used for the purposes stated in the request in accordance with paragraph 3 and is not made available deliberately or accidentally to persons not involved in the intended purpose of the information use. This provision does not preclude these entities from making the information available to other entities listed in paragraph 2, if this is necessary for the purposes stated in the request made in accordance with paragraph 3.

5. Upon their request, the national administrator may provide access to transaction information which does not allow the direct identification of specific persons to the entities referred to in paragraph 2 for the purpose of looking for suspicious transaction patterns. Entities with such access may notify suspicious transaction patterns to other entities listed in paragraph 2.

6. The national administrator may decide to notify to law enforcement and tax authorities all transactions that involve a number of units above the number determined by the national administrator and to notify any account that is involved in a number of transactions within a period that is above a number determined by the national administrator.

7. The national administrator may not require account holders to submit price information concerning Kyoto units.

8. In this Article, “a market manipulation offence” means an offence under Part 7 of the Financial Services Act 2012.]

Textual Amendments

F1 Art. 110 substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 8(16)