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40. Transmission and storage of user information

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(1)

A recognised clearing house shall take all reasonable measures to maintain the integrity and security of the transmission and storage of its user information.

(2)

A recognised clearing house shall immediately notify the Authority of —

(a)

any compromise of the integrity or security of the transmission or storage of any user information of the recognised clearing house; and

(b)

any action taken or intended to be taken to restore the integrity and security of the transmission and storage of that user information.

Subregulation 1

A recognised clearing house shall take all reasonable measures to maintain the integrity and security of the transmission and storage of its user information.

Subregulation 2

A recognised clearing house shall immediately notify the Authority of —

(a)

any compromise of the integrity or security of the transmission or storage of any user information of the recognised clearing house; and

(b)

any action taken or intended to be taken to restore the integrity and security of the transmission and storage of that user information.

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