1. The Central Bank may cooperate with the regulatory authorities in the State, the concerned regulatory authorities outside the State or in Financial Free Zones , and with international organizations and institutions, in providing assistance and exchanging information, subject to the following conditions: a. The request does not contravene any of the State’s established laws and regulations; b. The request is made on basis of reciprocity; and c. The request is not in conflict with the public interest and public order requirements. 2. The Central Bank may, in coordination and collaboration with the concerned regulatory authorities, and in compliance with applicable laws, exercise its powers on branches or institutions affiliated with Licensed Financial Institutions operating outside the State or in Financial Free Zones.
Interpretation and application must be checked against the official text and current version.