Guidelines on the equivalence of confidentiality and professional secrecy regimes of third-country authorities
- Status: Final and awaiting translation into the EU official languages
These amending Guidelines reflect new confidentiality and professional secrecy requirements under the Markets in Crypto Assets Regulation (MiCAR) and incorporate the latest EBA equivalence assessments. The updated framework confirms that the confidentiality and professional secrecy regimes of several authorities, including those in Australia, China, Montenegro, Peru, Serbia and the UK, are now considered equivalent to EU standards. In addition, the revised Guidelines streamline definitions, update legal references, and clarify how competent authorities should apply the framework when sharing information or engaging in supervisory cooperation.
The Guidelines amend the 2022 Guidelines (EBA/GL/2022/04) on the equivalence of confidentiality and professional secrecy regimes of third-country authorities