Section 38: Confidentiality

1) No Governor, Deputy Governor, Director, employees, Advisor, Auditor, Agent or Representative of the Bank shall be allowed to be engaged in the following acts and activities:

(a) To divulge any published or unpublished confidential information or notice that came to his knowledge while exercising his official duty to any other person, or

(b) To use such information or notice for personal gain.

2) Notwithstanding anything contained in sub-section (1), any published or unpublished information in one’s knowledge may be divulged on the following grounds in the manner prescribed by the Bank:

(a) Providing such information while discharging one’s duties in public, while assisting law enforcement agencies, as per the order of the court or of the authorised officer,

(b) Providing such information, in connection with discharge of his/her duties, to the external Auditor of the Bank and the employees of international financial institutions; and

(c) Providing such information in connection with legal actions for the sake of the Bank’s interests.