Confidentiality is the protection of information that is of a privileged or private nature. There may be a legal or fiduciary duty to maintain confidentiality. Legal obligations can be found under privacy laws but also under other laws, regulations or codes pertaining to specific industries and professionals. For example, medical professionals.
Confidentiality can extend to cover personal information (eg name, address, date of birth) but also to information about a business. In some instances, there may be a fiduciary duty to maintain confidential information held by a business. One such example is that of an employer. Confidential information may include:
- Financial position of the business;
- Methods or processes of work;
- Product development;
- Marketing strategies;
- Names and account information of clients;
- Personal information about employees (eg income and bonuses).
Employment contracts typically regulate the use of such confidential information during the term of employment and upon termination.
This webpage (and any material or wording appearing on this webpage) is provided for general information purposes only and does not constitute any Legal Advice. It does not take into account your objectives, your instructions or all of the relevant facts and/or circumstances. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.
Sorry, but no Articles are available at this time.
Sorry, but no FAQs are available at this time.