Flashcards Studio

A bank teller at Metro Bank discloses depositor Rosa Dela Cruz’s account balance and the existence of her savings to a journalist, without Rosa’s written consent and without any court order or statutory authorization. The journalist subsequently publishes the information, which Rosa alleges is used to pressure her suppliers and adversely affect her business. (a) Identify the prohibited act or acts under the bank secrecy provisions of Republic Act No. 1405 and Republic Act No. 6426 that were committed. (b) State the controlling rule and whether any statutory or contractual exceptions could apply. (c) Apply the rule to determine whether the teller may be held criminally liable and whether Metro Bank may be held vicariously liable, given the absence of Rosa’s consent and the lack of lawful authorization.