Article (118) Disclosure of Confidential Information by the Central Bank

The Central Bank may disclose under the following circumstances any Confidential Information received thereby directly or indirectly:

(1) In any of the cases stated in Article (117) of this law.
(2) In connection with any measures taken by the Central Bank to ensure stability and reinforce trustworthiness of banking and financial system of the Kingdom, if the said measures require such disclosure.
(3) In cooperation with international financial organizations or competent administrative bodies or authorized committees.