ECJ ruling on banking secrecy: mixed news for mark owners
In Coty Germany GmbH v Stadtsparkasse Magdeburg (Case C-580/13), exploring the limits of banking secrecy within the context of the right to information under Article 8(3)(e) of the EU IP Rights Enforcement Directive (2004/48/EC), the ECJ ruled that Article 8(3)(e) of the directive precluded a national rule that allowed banks to invoke banking secrecy unconditionally to reject requests for information. However, this does not mean that the ECJ places IP rights above data protection and banking secrecy laws.
This article is part of World Trademark Review's premium intelligence and is only available to subscribers.
Register to access two of our subscriber only articles per month
Subscribe for unlimited access to articles, in-depth analysis and research from the World Trademark Review experts
What our customers are saying
World Trademark Review is simply the first resource I will go to for trademark-related information, whether about the latest trademark law development or case news, top trademark practitioners or interesting trademark events.
Jerry F Xia
Deputy general counsel and chief IP counsel – Asia-Pacific, corporate law department
Subscribe to World Trademark Review to receive access to the full range of trademark intelligence, insight, and case law, as well as our guides, rankings and daily market insight delivered to your inbox.