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Non Disclosure Agreement For Financial Information Template for Ireland

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Key Requirements PROMPT example:

Non Disclosure Agreement For Financial Information

"I need a Non Disclosure Agreement For Financial Information under Irish law for sharing sensitive financial data with a fintech startup during our planned merger discussions starting January 2025, with specific provisions for protecting our proprietary trading algorithms and customer financial data."

Document background
The Non Disclosure Agreement For Financial Information is essential for businesses operating in Ireland that need to share sensitive financial data while ensuring legal protection and regulatory compliance. This document is particularly relevant in the context of financial transactions, audits, due diligence processes, and business advisory services where detailed financial information needs to be shared. It incorporates specific provisions required under Irish law, including compliance with the Data Protection Act 2018, GDPR, and financial services regulations. The agreement is designed to protect various types of financial information, including financial statements, forecasts, investment strategies, pricing models, and customer financial data. It's commonly used in scenarios involving financial institutions, professional services firms, and their clients, where maintaining confidentiality is crucial for business operations and regulatory compliance.
Suggested Sections

1. Parties: Identification of the disclosing party and receiving party, including registered addresses and company registration numbers

2. Background: Context of the disclosure, nature of the business relationship, and purpose of sharing financial information

3. Definitions: Clear definitions of 'Confidential Information', 'Financial Information', 'Authorized Persons', 'Permitted Purpose', and other key terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential financial information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations, including storage, handling, and protection requirements

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to advisors, regulators, or as required by law

7. Data Protection and GDPR Compliance: Specific obligations relating to personal data protection under GDPR and Irish Data Protection Act

8. Security Measures: Required security protocols and measures for protecting confidential information

9. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon termination or request

10. Duration and Survival: Term of the agreement and survival of obligations post-termination

11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

12. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and variation

Optional Sections

1. Regulatory Compliance: Additional regulatory obligations when dealing with regulated financial institutions

2. Third Party Rights: Rights of third parties whose information may be included in the financial information

3. Insurance Requirements: Specific insurance obligations for parties handling sensitive financial information

4. Audit Rights: Rights to audit compliance with security and confidentiality obligations

5. International Transfer Provisions: Additional provisions for cross-border transfer of financial information

6. Corporate Group Usage: Provisions for sharing within corporate groups, if applicable

7. Competitive Restrictions: Non-compete or non-solicitation provisions if relevant to the business context

Suggested Schedules

1. Schedule 1 - Categories of Confidential Information: Detailed list of types of financial information covered

2. Schedule 2 - Authorized Personnel: List of individuals or roles authorized to access the confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols required for different types of information

4. Schedule 4 - Data Processing Requirements: Detailed GDPR-compliant data processing requirements if personal data is involved

5. Appendix A - Information Handling Procedures: Step-by-step procedures for handling, storing, and disposing of confidential information

6. Appendix B - Incident Response Plan: Procedures to follow in case of data breach or unauthorized disclosure

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses






























Relevant Industries

Financial Services

Banking

Insurance

Investment Management

Professional Services

Financial Technology

Private Equity

Venture Capital

Corporate Finance

Wealth Management

Accounting

Auditing

Management Consulting

Legal Services

Regulatory Compliance

Relevant Teams

Legal

Finance

Compliance

Risk Management

Corporate Development

Investment Banking

Treasury

Audit

Data Protection

Operations

Corporate Finance

Wealth Management

Investment Management

Business Development

Executive Leadership

Relevant Roles

Chief Financial Officer

Finance Director

Financial Controller

Investment Manager

Compliance Officer

Legal Counsel

Risk Manager

Financial Analyst

Investment Banker

Account Manager

Corporate Treasurer

Audit Manager

Business Development Director

Chief Executive Officer

Chief Operating Officer

Data Protection Officer

Financial Advisor

Portfolio Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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