(1) Proceedings for breach of banking or professional confidentiality may not be instituted against any person or against directors or employees of a financial institution or person engaged in other business activity who, in good faith, submit reports on suspicious activities to the Authority in accordance with this Act.
(2) Civil or criminal action may not be brought nor may any professional sanction be taken against any person or against directors or employees of a financial institution or a person engaged in other business activity who in good faith transmit information or submit reports to the Authority.