Under the fundamental principle of confidentiality, in which of the following situations may a professional accountant disclose confidential information about an employer without the employer's permission?

Correct answer: B) When disclosure is required by law, for example a report of suspected money laundering

Explanation

Confidential information may be disclosed without consent where disclosure is required by law, such as reporting suspected money laundering to the appropriate authority, or where there is a professional duty or right to disclose. Using confidential information for personal advantage or for the benefit of third parties is a breach of the principle, and the passage of time does not remove the duty of confidentiality.