55 Grant Bradley, CFA, is an investment advisor for private clients in a country without applicable laws on information confidentiality. Bradley discovers that Client 1 engages in tax evasion and that Client 2 engages in money laundering activities. After consulting his firm's legal counsel, he reports Client 1 to the tax authorities. Afterwards, Bradley reports Client 2 to the financial regulator. His reports include confidential client information relevant to the illegal activities. Did Bradley's actions violate the Standard relating to preservation of confidentiality?