MAE-2.7.2

Where user information is disclosed under MAE-2.7.1 (f), the licensed exchange or licensed market operator shall:

(a) Maintain a record of the circumstances relating to the disclosure of user information referred to in MAE-2.7.1 (f); and the particulars of:
(i) In the case of the disclosure of information under MAE-2.7.1 (f), the outsourcing of the function of the licensed exchange;
(ii) In the case of the disclosure of information under MAE-2.7.1 (f), the engagement of the third party; and
(iii) In the case of the disclosure of information under MAE-2.7.1 (f), the appointment or engagement of the auditor, lawyer, consultant or other professional and make that record available for inspection by the CBB;
(b) Disclose the user information only insofar as this is necessary for the relevant purpose; and
(c) Take reasonable steps to ensure that the user information disclosed is used by the person to whom the disclosure is made strictly for the relevant purpose, and that the user information is not disclosed by that person to any other person except with the consent of the licensed exchange or licensed market operator.
Amended: April 2013