PART 5Disclosure of information

Disclosure of information36

1

The Money and Pensions Service may disclose information to the Regulator22, provided that the disclosure is for the purpose of enabling or assisting the Money and Pensions Service or the Regulator to exercise its functions in connection with these Regulations.

2

Except as provided by paragraph (3), the disclosure of information under this regulation does not breach—

a

any obligation of confidence owed by the person making the disclosure, or

b

any other restriction on the disclosure of information (however imposed).

3

This regulation does not authorise a disclosure of information if the disclosure would contravene the data protection legislation, where “the data protection legislation” has the same meaning as in the Data Protection Act 201823 (see section 3 of that Act).

4

This regulation does not limit the circumstances in which information may be disclosed apart from this regulation.