BANKING SECRET AND ITS LIMITATIONS Cover Image

TAJEMNICA BANKOWA I JEJ OGRANICZENIA
BANKING SECRET AND ITS LIMITATIONS

Author(s): Mariusz Wierzbowski
Subject(s): Law on Economics, Financial Markets, Commercial Law
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: banking secret; financial institution; financial supervision comission; banking law; FATCA; MCAA;

Summary/Abstract: The purpose of the article is to discuss the issues of banking secrecy and in particular its limitations. The powers of government institutions to information covered by banking secrecy as well as international regulations, which create an automated way of exchanging them, significantly affect the independence of banking secrecy. The above prerogatives have been presented against the background of personal data protection and the privacy rights of clients of financial institutions. All considerations lead to the questions: How important is the banking secret today and how deeply is its mitigation? The composition of the study was based on the dogmatic and descriptive method.

  • Issue Year: 2021
  • Issue No: 33
  • Page Range: 202-215
  • Page Count: 14
  • Language: Polish