Duty LXD-8130
Is a crypto-asset provider, in Georgia
National Bank of Georgia rule on registration and regulation of credit information bureaussince 3 lines
Order of the President of the National Bank of Georgia No. 193/04 of , Rule for Registration, Cancellation of Registration, and Regulation of a Credit Information Bureau, Arts. 2 to 4 and 14 · Read the law's page
- Operate as a credit information bureau or platform only after the National Bank of Georgia has registered the entity.
- Have an information security policy covering the confidentiality, integrity and availability of all data the bureau or platform holds, and have an external audit firm audit the information systems and technologies at least once a year.
- Submit to the National Bank's scheduled and unscheduled technical and financial audits and, when it demands, host the data server in a country that meets data security requirements.
National Bank of Georgia rule on providing information to and accessing a credit information bureausince 3 lines
Order of the President of the National Bank of Georgia No. 195/04 of , Rule for Providing Information to a Credit Information Bureau on the Territory of Georgia, Recording and Accessing Information in the Database of the Credit Information Bureau, Arts. 4, 5, 8 and 10 · Read the law's page
- Request or verify a person's information from a credit information bureau only for the solvency analysis of that person, and, if you are an information recipient that is not a lending organization, only on the basis of the person's consent.
- As a bureau, issue credit and other information about a person only to an authorized person in the cases the legislation and the Rule provide, and store information on repaid obligations for at least 35 years.
- Give a person, on request and free of charge, the information held about them, and review the person's claims about the accuracy of the records or processing without a legal basis.