+CHAPTER 2 Professional secrecy and exchange of information
---+Article 52 Professional secrecy
------+Article 52 1.
------+Article 52 2.
---+Article 53 Use of confidential information
---+Article 54 European Parliament right of inquiry
---+Article 55 Exchange of information between authorities
------+Article 55 1.
------+Article 55 2.
------+Article 55 3.
---+Article 56 Transmission of information to central banks, monetary authorities, European Supervisory Authorities and the European Systemic Risk Board
------+Article 56 1.
------+Article 56 2.
------+Article 56 3.
---+Article 57 Disclosure of information to government administrations responsible for financial legislation
------+Article 57 1.
------+Article 57 2.
---+Article 58 Conditions for the exchange of information
------+Article 58 1.
------+Article 58 2.
------+Article 58 3.
---+Article 59 National provisions of a prudential nature
------+Article 59 1.
------+Article 59 2.

CHAPTER 2 Professional secrecy and exchange of information

1. Overview

Summary	Regulation
Article 52 Professional secrecy
Article 53 Use of confidential information	Article 53 Use of confidential information Member States shall ensure that competent authorities which receive confidential information under this Directive use it only in the course of their duties and for the following purposes: (a) to check that the conditions for taking up occupational retirement provision business are met by IORPs before commencing their activities; (b) to facilitate the monitoring of the activities of IORPs, including the monitoring of the technical provisions, the solvency, the system of governance, and the information provided to members and beneficiaries; (c) to impose corrective measures, including administrative sanctions; (d) where permitted by national law, to publish key performance indicators for all individual IORPs, which may assist members and beneficiaries in taking financial decisions regarding their pension; (e) in appeals against decisions of the competent authorities taken in accordance with the provisions transposing this Directive; (f) in court proceedings regarding the provisions transposing this Directive.
Article 54 European Parliament right of inquiry	Article 54 European Parliament right of inquiry Articles 52 and 53 shall be without prejudice to the right of inquiry conferred on the European Parliament by Article 226 of the Treaty on the Functioning of the European Union.
Article 55 Exchange of information between authorities
Article 56 Transmission of information to central banks, monetary authorities, European Supervisory Authorities and the European Systemic Risk Board
Article 57 Disclosure of information to government administrations responsible for financial legislation
Article 58 Conditions for the exchange of information
Article 59 National provisions of a prudential nature

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 17.01.2025 00:00:00 -Doknr: CELEX:32016L2341
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