Financial Market Infrastructures Bill

Disclosure of information, etc

138 Disclosure of information between RBNZ and FMA

(1)

The RBNZ and the FMA may, for the purposes of, or in connection with, the regulator’s functions, disclose to each other any specified information that they hold.

(2)

Subsection (1) overrides any duty as to secrecy or any other restriction on the disclosure of information, whether imposed by an enactment or otherwise.

(3)

In this section, specified information means information that—

(a)

is given to the RBNZ or the FMA under this Act; or

(b)

is otherwise obtained or generated by the RBNZ or the FMA for the purposes of, or in connection with, the regulator’s functions; or

(c)

is otherwise obtained or held by the RBNZ or the FMA in the performance or exercise of their functions under any other enactment.

Compare: 1989 No 157 s 156ZM