+Article 17 5.

Article 17 5.

►M5  An issuer that is a credit institution or a financial institution or an issuer that is a parent undertaking of such an institution, may, on its own responsibility, delay the public disclosure of inside information, including information which is related to a temporary liquidity problem and, in particular, the need to receive temporary liquidity assistance from a central bank or lender of last resort, provided that all of the following conditions are met: ◄

(a) 

the disclosure of the inside information entails a risk of undermining the financial stability of the issuer and of the financial system;

(b) 

it is in the public interest to delay the disclosure;

(c) 

the confidentiality of that information can be ensured; and

(d) 

the competent authority specified under paragraph 3 has consented to the delay on the basis that the conditions in points (a), (b) and (c) are met.

1. Vue d’ensemble

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1.1 Références

1.2 Exigences identifiées

1.3 Normes associées

2. Exigences identifiées

Exigences

3. Normes associées

Normes