Source: OJ L 150, 9.6.2023, pp. 40–205

Current language: DE

Artikel 121 Rechtsprivileg


Summary What does Article 121 of the MiCA regulation say?

This is a brief but important limiting article that places a clear boundary on EBA's supervisory powers.

It acts as a constraint on the investigatory and information-gathering powers granted to EBA under Articles 122 to 125, establishing that those powers cannot be used to compel the disclosure of legally privileged information.

Important points:

  • EBA's powers under Articles 122 to 125 do not extend to requiring disclosure of information subject to legal privilege.
  • This limitation applies not only to EBA itself but also to any official or person authorised by EBA to act on its behalf.
  • This is a protective carve-out, not a general rule — it exists solely to define the outer boundary of EBA's investigatory reach.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Die der EBA oder Bediensteten der EBA oder sonstigen von ihr bevollmächtigten Personen nach den Artikeln 122 bis 125 übertragenen Befugnisse dürfen nicht genutzt werden, um die Offenlegung von Informationen zu verlangen, die einem Rechtsprivileg unterliegen.

We're continuously improving our platform to serve you better.

Your feedback matters! Let us know how we can improve.

Found a bug?

Springflod is a Swedish boutique consultancy firm specialising in cyber security within the financial services sector.

We offer professional services concerning information security governance, risk and compliance.

Crafted with ❤️ by Springflod