The Central Bank shall prepare the Executive Regulations hereof in consultation with the relevant state authorities and shall issue it by a resolution of the Cabinet based on the proposal of the Minister. The Executive Regulations shall, at a minimum, include the following: 1. Identifying the nature and description of data providers; 2. The mechanism for supplying the Platform with data, its type, and nature; 3. The rights and obligations of all concerned parties; 4. Specifications and standards for laws used to store, process, protect, and issue all KYC data and reports; 5. The controls under which the client may access the details of KYC report; 6. The controls governing the issuance of KYC reports regarding any debtor of the user; and 7. The mechanism for submitting, examining, and handling complaints related to data.
Interpretation and application must be checked against the official text and current version.