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AI Summary of 22. Suspicious transaction report not to be disclosed.
The provisions outlined in Chapter 4 of Part 4 establish stringent confidentiality requirements regarding reports made within the context of proceedings under sections 17 and 19. It is critical to note that such reports are restricted to disclosure solely to the presiding judge of the relevant District Court.
This measure underscores the importance of safeguarding sensitive information and maintaining the integrity of legal proceedings. Compliance professionals must ensure that protocols are in place to uphold these confidentiality obligations, thereby reinforcing the framework of trust and reliability within regulatory practices.
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22. Suspicious transaction report not to be disclosed.
A report made under Chapter 4 of Part 4 shall not be disclosed, in the course of proceedings under section 17 or 19, to any person other than the judge of the District Court concerned.