Home / CY AIFM Law of 2013 / PART ΙΧ – SUPERVISION RULES / CHAPTER 2 - Cooperation of the Commission with the competent authorities of other Member States / Section 79 - Disclosure of information to third countries.
Home / CY AIFM Law of 2013 / PART ΙΧ – SUPERVISION RULES / CHAPTER 2 - Cooperation of the Commission with the competent authorities of other Member States / Section 79 - Disclosure of information to third countries.
Disclosure of information to third countries.
79.-(1) The Commission may communicate information and information analysis, accordingly, to the competent authorities of a third country so long as the provisions of section 9 of the Processing of Personal Data (Protection of Individuals) Law are complied with, and the Commission believes that this communication is necessary for the purposes of the Law and Directive 2011/61/EU. The Commission shall forbid to the competent authority of the third country to transmit the relevant information communicated to it by the Commission without its written consent.
(2) The Commission shall communicate to a third-country competent authority information received from the competent authority of another Member State, only if the Commission has received the explicit consent of the competent authority of the other Member State which has communicated the information to the Commission to do so, and accordingly, whether the information is communicated exclusively and only for the purposes for which that authority has given its consent.