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Provision history · SRMR

Art. 88 · Professional secrecy and exchange of information

Single Resolution Mechanism Regulation · 32014R0806 · every version of this act · on EUR-Lex (external, EUR-Lex)

2 changes recorded across 2 versions, newest first.

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Version in force , Modified +788 −0

Amended by Regulation (EU) 2026/808 32026R0808 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

Explanation, written by a model and checked against the cited text

Paragraph 6 now includes designated authorities, insurance resolution authorities and insurance supervisory authorities among the bodies with which the Board and other listed authorities may share information, in addition to those already listed.

A new paragraph 8 has been added stating that the Article does not prevent the Board from disclosing its analyses or assessments, including those based on information from entities under Article 2 or other authorities under paragraph 6, where the Board assesses that disclosure would not undermine protection of the public interest concerning financial, monetary or economic policy and that a public interest in disclosure overrides other interests referred to in paragraph 5, and it specifies that such disclosure is treated as made by the Board in the exercise of its functions under the Regulation for the purposes of paragraph 1.

Cited: Art. 88, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 10 November 2025 02014R0806-20251110 → this version, in force 11 June 2026 02014R0806-20260611

Article 88 Professional secrecy and exchange of information 1. Members of the Board, the Vice-Chair, the members of the Board referred to in Article 43(1)(b), the staff of the Board and staff exchanged with or seconded by participating Member States carrying out … 391 unchanged words … 18. 6. This Article shall not prevent the Board, the Council, the Commission, the ECB, the national resolution authorities or the national competent authorities, including their employees and experts, from sharing information with each other and with competent ministries, central banks, designated authorities, deposit guarantee schemes, investor compensation schemes, authorities responsible for normal insolvency proceedings, insurance resolution authorities, insurance supervisory authorities, resolution and competent authorities from non-participating Member States, EBA, or, subject to Article 33, third-country authorities that carry out functions equivalent to those of a resolution authority, or, subject to strict confidentiality requirements, with a potential purchaser for the purposes of planning or carrying out a resolution action. 7. This Article shall not prevent the Board from exchanging information with other authorities as defined in Article 31a(12).8. This Article shall not prevent the Board from disclosing its analyses or assessments, including when they are based on information provided by the entities referred to in Article 2 or other authorities as referred to in paragraph 6 of this Article, when the Board assesses that the disclosure would not undermine the protection of the public interest as regards financial, monetary or economic policy and that there is a public interest in disclosing which overrides any other interests referred to in paragraph 5 of this Article. Such disclosure shall be considered to be made by the Board in the exercise of its functions under this Regulation for the purposes of paragraph 1 of this Article.

Version in force , Modified

Amended by Regulation (EU) 2025/2088 32025R2088 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

Explanation, written by a model and checked against the cited text

A new paragraph 7 has been added stating that the Article does not prevent the Board from exchanging information with other authorities as defined in Article 31a(12).

This paragraph does not appear in the earlier version of the Article, which ended at paragraph 6.

Cited: Art. 88, v2 (external, EUR-Lex) · Art. 88, v1 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page