Financial Markets Act, 2012 (Act No. 19 of 2012)

Chapter VII : General Provisions Applicable to Market Infrastructures

73. Disclosure of information

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(1)No market infrastructure or chief executive officer, other officer, employee, representative or member of a market infrastructure may, subject to subsection (2), disclose to any person any confidential information obtained in the performance of functions under this Act, unless—
(a)the person to whom the confidential information relates has given consent;
(b)disclosure is required or permitted in terms of a law or a court order;
(c)disclosure is necessary to carry out his, her or its functions or in the course of performing duties under any law; or
(d)disclosure is required for the purposes of legal proceedings.

 

(2)Despite subsection (1), a market infrastructure may disclose information relating to or arising from its functions to any market infrastructure or supervisory authority, whether domestic or foreign, if such disclosure will further one or more of the objects of this Act referred to in section 2.