Template:Confidentiality and regulatory disclosure: Difference between revisions

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(Created page with "*'''Information stays “confidential” even if you have to disclose it to regulators''': Don’t make the {{tag|schoolboy error}} of excluding from the definition of “{{co...")
 
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*'''Information stays “confidential” even if you have to disclose it to regulators''': Don’t make the {{tag|schoolboy error}} of excluding from the definition of “{{confiprov|confidential information}}” “information required to be disclosed to regulators or government authorities”. Now to be sure this is a legitimate ''exception'' to a fellow’s general covenant not disclose confidential information to anyone<ref>See also {{confiprov|permitted disclosure}} and {{confiprov|permitted disclosees}}.</ref> — but it shouldn’t disqualify the information from being “{{confiprov|confidential information}}” ''altogether''. If it did, once you were required to give any information to a regulator, it would suddenly be open season and you could tell everyone about it. Not the intention.
Don’t make the {{tag|schoolboy error}} of excluding from the definition of “{{confiprov|confidential information}}” “information required to be disclosed to regulators or government authorities”. Now to be sure this is a legitimate ''exception'' to a fellow’s general covenant not disclose confidential information to anyone<ref>See also {{confiprov|permitted disclosure}} and {{confiprov|permitted disclosees}}.</ref> — but it shouldn’t disqualify the information from being “{{confiprov|confidential information}}” ''altogether''. If it did, once you were required to give any information to a regulator, it would suddenly be open season and you could tell everyone about it. Not the intention.

Revision as of 10:25, 31 July 2020

Don’t make the schoolboy error of excluding from the definition of “confidential information” “information required to be disclosed to regulators or government authorities”. Now to be sure this is a legitimate exception to a fellow’s general covenant not disclose confidential information to anyone[1] — but it shouldn’t disqualify the information from being “confidential information” altogether. If it did, once you were required to give any information to a regulator, it would suddenly be open season and you could tell everyone about it. Not the intention.

  1. ↑ See also permitted disclosure and permitted disclosees.
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