Taking into account the provisions of the company articles of association and the controls and resolutions, issued by the Central Bank, in accordance with the provisions of Article (12) hereof, the company shall be obligated to the following: 1. Not to disclose or reveal any KYC data in its possession to others, except as stipulated in this Decree by Law and its Executive Regulations; 2. Implement modern systems for processing KYC data and reports in accordance with the controls and specifications defined by the Executive Regulations hereof; 3. Protect KYC data transmitted through the Platform from loss, damage, unauthorised or unsafe access, usage, or modification, including the development of tools and measures to handle emergency situations; 4. Comply with the use of KYC data in accordance with the provisions stipulated in this Decree by Law, its Executive Regulations, and the resolutions issued by the Central Bank; and 5. Notify the Central Bank of any violations of the provisions and Executive Regulations hereof.
Interpretation and application must be checked against the official text and current version.