Regulatory Alerts2019-01-01
Decision on Amendments 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 has issued amendments to the Decision on the Central Credit Register to align data processing with personal data protection laws. The changes mandate that registry participants may only access data directly with the explicit, informed, and unambiguous consent of the data subject, defined strictly in accordance with personal data regulations. Additionally, individual reports can now be issued upon request for a single access event, requiring clear identification of the applicant and mandatory notification to the Central Bank.
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