In addition to the activities stipulated for the company under its articles of association, such company shall undertake the following activities: 1. Establishing and managing the Platform; 2. Regulating the processes of collecting, storing, analysing, classifying, using, sharing, and exchanging KYC data in compliance with the state cybersecurity policies, standards, and guidelines; 3. Issuing KYC reports and any related reports or products, in accordance with the controls defined by the Executive Regulations hereof; 4. Coordinating with the data provider to regulate the acquisition of KYC data; and 5. Preparing and developing tools and standards related to risk assessment.
Interpretation and application must be checked against the official text and current version.