The exceptions to the obligation of secrecy are listed in sections 1:90, 1:91 and 1:92 of the Wft
Pursuant to Section 1:90 of the Wft, DNB may provide confidential information to other financial supervisors in or outside the Netherlands. To use this provision, a number of conditions must first be met, which are described in Section 1:90(1) of the Wft.
Sections 1:91 and 1:92 provide for the competence to supply confidential data in the context of an insolvency procedure, such as a bankruptcy proceeding or the emergency regulation.
Exchange of information between supervisors
Chapter 1.3 of the Wft contains specific instructions for the exchange of information with other supervisory authorities. A distinction is made between the supervisory authorities of other Member States and those of non-Member States.
Chapter 1.3 of the Wft also provides for instructions governing the supply of information to the Commission of the European Communities. This information may relate to, for instance, the granting of an authorisation, the granting of a declaration of no-objection and general difficulties which financial undertakings may encounter.
