Criminal consequences of breaching bank secrecy Cover Image

Trestněprávní důsledky prolomení bankovního tajemství
Criminal consequences of breaching bank secrecy

Author(s): Jiří Novotný
Subject(s): Business Economy / Management, Criminology, Economic development, Business Ethics
Published by: Vysoká škola finanční a správní, a.s.
Keywords: Bank; banking business; bank secrecy;criminal offence;misuse of information in banking relations; abuse of position in business relations;prohibition of competition.

Summary/Abstract: The criminal act of misuse of information in business relations is committed by anyone who unauthorizedly publishes, makes available or communicates to a third party information not yet publicly available, the publication of which is capable of significantly influencing decision-making in business relations, and thereby causes greater damage or other serious consequences, or provides greater benefit to himself or another. A similar situation occurs in the event that someone makes unauthorized use of information not yet publicly accessible, which he obtained during the performance of his job, profession, position, function or otherwise, and the publication of which is capable of significantly influencing decision-making in business relations, by carrying out or induces the execution of a contract or operation in a trading systém or an organized commodity market, thereby causing greater damage or other serious consequence, or thereby providing himself or another with greater benefit. This post is focused on the misuse of information in business dealings, which can occur during the implementa tion of banking transactions.

  • Issue Year: 8/2023
  • Issue No: 2
  • Page Range: 340-354
  • Page Count: 15
  • Language: Czech