‹ Principle 4 – Confidentiality Principle 5 – Market Conduct › PB-1.1.4 Specialised licensees and approved persons must observe in full any obligations of confidentiality, including with respect to customer information. This requirement does not over-ride lawful disclosures. October 2010 ‹ Principle 4 – Confidentiality Principle 5 – Market Conduct ›