2.

Article 53 shall not preclude Member States from authorising, with the aim of strengthening the stability, and integrity, of the financial system, the exchange of information between the competent authorities and the authorities or bodies responsible for the detection and investigation of breaches of company law applicable to sponsoring undertakings. Member States which apply the first subparagraph shall require that at least the following conditions are met: the information must be intended for the purpose of detection, and investigation and scrutiny as referred to in point (a) of Article 57(2); information received must be subject to the obligation of professional secrecy laid down in Article 52; where the information originates from another Member State, it shall not be disclosed without the express agreement of the competent authority from which it originates and, where appropriate, solely for the purposes for which that authority gave its agreement.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.