Transmission of Data to Europol

(1) The Financial Intelligence Unit is authorised, on properly reasoned requests from Europol, to transmit financial information and financial analyses, including insofar as they contain personal data, insofar as this is necessary in an individual case within the scope of Europol's responsibilities and for the performance of Europol's tasks under Article 4 of Regulation (EU) 2016/794 and is permissible under Article 18 of Regulation (EU) 2016/794. It shall transmit this information promptly via the Federal Criminal Police Office in its function as the national unit under section 1, no. 1 of the Europol Act.
(2) Transmission may be refused insofar as 1. making the data available could adversely affect the success of ongoing investigations or analyses of the competent domestic public bodies, or 2. passing on the data would be disproportionate, or 3. the requested financial information and financial analyses contain data transmitted by a central reporting office of a foreign state and that state has not consented to further transmission, unless the information originates from publicly accessible sources. It shall further not take place in the cases referred to in Article 7(7) of Regulation (EU) 2016/794.
(3) The Financial Intelligence Unit shall give reasons to Europol for a refusal to transmit.
(4) Transmission shall be made subject to the condition that Europol may use the personal data transmitted to it only for the purpose for which it was transmitted. Use for other purposes requires the consent of the Financial Intelligence Unit.