Module: General Practice
Q64: According to the guidelines on Secrecy Obligations, in which of the following circumstances is a bank permitted to disclose customer information?
Where disclosure is under compulsion of law.
Where there is a duty to the public to disclose.
Where the interest of the bank requires disclosure.
Where the disclosure is made with the express or implied consent of the customer.
Where there is a duty to the public to disclose.
Where the interest of the bank requires disclosure.
Where the disclosure is made with the express or implied consent of the customer.
✅ Correct Answer: D
Exceptions to secrecy: compulsion of law, duty to the public, interest of the bank, and customer consent.
Secrecy obligations are a classic banking topic in the IIBF AML KYC Exam 2026.
Secrecy obligations are a classic banking topic in the IIBF AML KYC Exam 2026.