NDA For Financial Information Template for Denmark

The NDA For Financial Information is essential for businesses operating in Denmark that need to share sensitive financial data while ensuring legal compliance and confidentiality. This document is particularly crucial when sharing financial statements, investment information, banking details, trading strategies, or other confidential financial information. It is structured to comply with Danish financial regulations, the Danish Data Protection Act, and relevant EU regulations including GDPR. The agreement is commonly used in financial due diligence, merger and acquisition transactions, financial advisory services, and other situations where sensitive financial information needs to be shared under strict confidentiality obligations. The document incorporates specific provisions required under Danish law and financial sector regulations, making it suitable for use by financial institutions, professional services firms, and other entities operating in Denmark.

1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, including the nature of the financial information to be shared and the purpose of the disclosure

3. Definitions: Key terms including 'Confidential Information', 'Financial Information', 'Authorized Persons', 'Permitted Purpose', and other relevant definitions

4. Scope of Confidential Information: Detailed description of what constitutes confidential financial information, including explicit categories of protected information

5. Obligations of Confidentiality: Core confidentiality obligations, security measures, and standard of care required

6. Permitted Use and Disclosure: Specific permitted uses of the confidential information and conditions for disclosure to authorized persons

7. Data Protection Compliance: Obligations under Danish Data Protection Act and GDPR, including handling of personal financial data

8. Security Measures: Required technical and organizational measures to protect confidential information

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

10. Term and Termination: Duration of the agreement and termination provisions

11. Breach and Remedies: Consequences of breach, including remedies and indemnification

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