Q55: Regulated Entities (REs) must maintain secrecy regarding customer information. All of the following are listed as exceptions to this rule except:

Where disclosure is under compulsion of law.

Where there is a duty to the public to disclose.

Where the disclosure is made with the express or implied consent of the customer.

Where the disclosure is requested by another RE for risk assessment.

✅ Correct Answer: D

Exceptions to secrecy include compulsion of law, public duty, RE's interest, and customer consent.

Request from another RE is not a standard exception, a distinction often tested in RBI KYC Guidelines MCQs.

Bank Promotion Exam Guide