Regulatory Alerts2019-01-01
Decision on Amendments and Supplements to the Decision on the Central Credit Register of Business Entities and Natural Persons in Bosnia and Herzegovina
The Governing Board of the Central Bank of Bosnia and Herzegovina issued this Decision to amend the Central Credit Register regulations by introducing a new field for the number of days of delay and defining inactive participants who fail to update data for at least 12 months. The amendments expand the scope of registry participants to include notaries acting as court commissioners in inheritance proceedings and update the requirements for written consent and requests to mandate electronic signatures or official seals. These changes aim to enhance data accuracy, participant accountability, and data subject rights regarding the processing of personal information in the credit register.
Share