Professional secrecy may be invoked by a national supervisory authority to justify its refusal to grant access to confidential documents in its possession, as long as the rights of defence of the requester may be preserved by other means, the Advocate General states in conclusions returned on Wednesday 26 July (case C-358/16).
In 2010, the Luxembourg financial sector supervisory body (CSSF) dismissed a Mr DV from his position as administrator of a business it supervised due to his role in...