186. Confidential information
(1) For this section, information is confidential if:
- (a) it is received by the Registrar, or an officer, employee, delegate or agent of the Registrar, in the Exercise of a Function under these Regulations, the Rules or any other Legislation Administered by the Registrar; and
- (b) it has not been made available to the public in circumstances in which disclosure is not prohibited under these Regulations, the Rules or any other Legislation Administered by the Registrar.
(2) Confidential information must not be disclosed by the Registrar, by an officer, employee, delegate or agent of the Registrar, or by any Person coming into possession of the information, without the consent of the Person to whom the duty of confidentiality is owed.
(3) However, the Registrar may, and must if directed by the Board of Directors of the AFSA, disclose confidential information if the disclosure is:
- (a) permitted or required to be made under these Regulations, the Rules or any other AIFC Regulations or AIFC Rules; or
- (b) permitted or required to be made by or under any other law; or
- (c) made to the AFSA for the purpose of assisting the AFSA to Exercise its regulatory Functions; or
- (d) made in good faith for the purposes of the Exercise of the Registrar’s Functions.