Document background
The Financial Disclosure Agreement is essential in Belgian business transactions where parties need to share sensitive financial information while maintaining confidentiality and regulatory compliance. This document is particularly relevant when conducting due diligence, negotiating business transactions, or fulfilling regulatory reporting requirements under Belgian law. The agreement ensures compliance with Belgian financial regulations, the EU General Data Protection Regulation (GDPR), and other relevant European directives. It is designed to protect both the disclosing and receiving parties by clearly defining the scope of permitted disclosure, establishing security protocols, and outlining the obligations for handling confidential financial information. The document is structured to address specific requirements of Belgian corporate law while incorporating international best practices for financial disclosure and data protection.
