IDG63270 - Procedure for disclosing to others (government): If the FSA request information from teams in the former Customs side of the business

Which part of HMRC can disclose this information?

Anyone exercising former customs functions can disclose information to the FSA.

The purpose for which information may be disclosed

To assist the FSA in carrying out its independent regulation of the financial services industry in the UK.

Information which can be disclosed

Information collected by HMRC in the course of its functions under the Customs & Excise Management Act 1979 (CEMA) or the Value Added Tax Act 1994 (VATA). The FSA must require this information for the purpose of facilitating the exercise of any of its functions under the Financial Services Act (or any other Act that applies to the FSA).

Procedure to follow

Please see IDG62800.

Legislation which allows disclosure

Part 9 of the Enterprise Act 2002 enables information collected by HMRC in the course of its functions under the Customs & Excise Management Act 1979 (CEMA) or the Value Added Tax Act 1994 (VATA) to be disclosed to any person or body with functions listed under Schedule 15 of the Enterprise Act 2002. The gateway covers information concerning living individuals or existing businesses.

Please see IDG62800 for more information on making disclosures under the Enterprise Act, or IDG62810 for a list of departments and organisations holding functions under Schedule 15, to whom disclosures may be made.

Devolved administrations

This guidance applies to the whole of the United Kingdom.

Further guidance

For further guidance and assistance generally on confidentiality, contact Information Strategy (see IDG90100).