Abstract
In the Baumeister judgment of 19 June 2018, the Court of Justice of the European Union (the “Court”) examines the meaning of “confidential information” from the point of view of MiFID. In answering questions referred for a preliminary ruling, the Court examines the criteria for the confidentiality of data. In addition, the Court states that information relating to a supervised entity and provided to a competent authority by such entity itself, does not necessarily qualify as confidential if a period of five years has elapsed. What is the consequence of this judgment for market participants that are subject to financial supervision?
| Original language | English |
|---|---|
| Pages (from-to) | 228-233 |
| Number of pages | 6 |
| Journal | Law and Financial Markets Review |
| Volume | 13 |
| Issue number | 4 |
| Early online date | 11 Jul 2019 |
| DOIs | |
| Publication status | Published - 2019 |