Amendment status not verified — confirm the current text below against the official source.
(1) Subject to any other law for the time being in force, insurers and other regulated entities of the Authority shall ensure that the Know Your Customer (KYC) information of the policyholders and the information and documents processed during the solicitation or subsequently during all times are maintained with utmost confidentiality and would be comprehensively protected. (2) Subject to sub-section (1), the said information shall not be parted or shared with any third party, except,-- (a) where disclosure is compulsory in law; (b) where there is duty to the public to disclose; or (c) where the disclosure is made with the express consent of the customer.]