Acts and Regulations

2013, c.30 - Financial and Consumer Services Commission Act

Full text
Receipt and disclosure of information
13(1)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction, the Commission or any employee of the Commission may receive, directly or indirectly, information from any person.
13(2)Despite any other Act and subject to section 14, information received by the Commission or an employee of the Commission under subsection (1) is confidential and shall not be disclosed to any other person unless the disclosure is authorized
(a) under this section or another provision of financial and consumer services legislation, or
(b) in writing by a regulator if the regulator determines the disclosure is in the public interest.
13(3)For the purposes of administering financial and consumer services legislation and subject to an order of the Tribunal, a regulator or any other employee of the Commission may disclose any information to another regulator or any other employee of the Commission.
13(4)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction and subject to an order of the Tribunal, the Commission or a regulator may disclose any information to any of the following persons:
(a) a law enforcement agency, a government, a governmental authority or a regulatory authority in another jurisdiction;
(b) a self-regulating body;
(c) a person with whom the Commission has entered into an arrangement or agreement that relates to or includes the sharing of information; or
(d) a person or body prescribed by regulation.
13(5)Subject to an order under subsection 14(3) or (4), if, in the opinion of the Commission, the disclosure of information is not prejudicial to the public interest and is required for the protection of the public, the Commission may do any of the following:
(a) disclose the information to any person;
(b) make the information available for public inspection at the Commission offices during the normal business hours of the Commission; and
(c) publish the information.
2016, c.4, s.1
Receipt and disclosure of information
13(1)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction, the Commission or any employee of the Commission may receive, directly or indirectly, information from any person.
13(2)Despite any other Act and subject to section 14, information received by the Commission or an employee of the Commission under subsection (1) is confidential and shall not be disclosed to any other person unless the disclosure is authorized
(a) under this section or another provision of financial and consumer services legislation, or
(b) in writing by a regulator if the regulator determines the disclosure is in the public interest.
13(3)For the purposes of administering financial and consumer services legislation and subject to an order of the Tribunal, a regulator may disclose any information to another regulator or any other employee of the Commission.
13(4)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction and subject to an order of the Tribunal, the Commission or a regulator may disclose any information to any of the following persons:
(a) a law enforcement agency, a government, a governmental authority or a regulatory authority in another jurisdiction;
(b) a self-regulating body;
(c) a person with whom the Commission has entered into an arrangement or agreement that relates to or includes the sharing of information; or
(d) a person or body prescribed by regulation.
13(5)Subject to an order under subsection 14(3) or (4), if, in the opinion of the Commission, the disclosure of information is not prejudicial to the public interest and is required for the protection of the public, the Commission may do any of the following:
(a) disclose the information to any person;
(b) make the information available for public inspection at the Commission offices during the normal business hours of the Commission; and
(c) publish the information.
Receipt and disclosure of information
13(1)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction, the Commission or any employee of the Commission may receive, directly or indirectly, information from any person.
13(2)Despite any other Act and subject to section 14, information received by the Commission or an employee of the Commission under subsection (1) is confidential and shall not be disclosed to any other person unless the disclosure is authorized
(a) under this section or another provision of financial and consumer services legislation, or
(b) in writing by a regulator if the regulator determines the disclosure is in the public interest.
13(3)For the purposes of administering financial and consumer services legislation and subject to an order of the Tribunal, a regulator may disclose any information to another regulator or any other employee of the Commission.
13(4)For the purposes of administering financial and consumer services legislation or assisting in the administration of similar legislation of another jurisdiction and subject to an order of the Tribunal, the Commission or a regulator may disclose any information to any of the following persons:
(a) a law enforcement agency, a government, a governmental authority or a regulatory authority in another jurisdiction;
(b) a self-regulating body;
(c) a person with whom the Commission has entered into an arrangement or agreement that relates to or includes the sharing of information; or
(d) a person or body prescribed by regulation.
13(5)Subject to an order under subsection 14(3) or (4), if, in the opinion of the Commission, the disclosure of information is not prejudicial to the public interest and is required for the protection of the public, the Commission may do any of the following:
(a) disclose the information to any person;
(b) make the information available for public inspection at the Commission offices during the normal business hours of the Commission; and
(c) publish the information.