PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of April 18, 2019 No. 148

About digital banking technologies

For the purpose of further development in the Republic of Belarus of digital banking technologies, uses of information systems when making banking, payment, other financial activities and other activities connected with implementation of these transactions (further - other activities), I decide:

1. Functioning of interbank system of identification * (further - MSI) is provided with open joint stock company "The non-bank credit and financial organization "Single Settlement and Information Space" (further - NKFO ERIP).

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* For the purposes of this Decree terms are used in the values determined in appendix.

2. NKFO ERIP:

is the owner of MSI;

creates MSI;

performs processing of personal and other data (further if other is not determined, - data processing) about legal entities and physical persons, including about individual entrepreneurs, notaries, users of payment services, and also about their representatives who receive services of persons called in Item 3 of this Decree, the legal entities called in part one of Item 21 of this Decree, state bodies (further if other is not determined, - clients), in MSI and provision of such data to users of this system, state bodies, receivers of data MSI, clients;

in case of data processing about clients in MSI performs protection of such data according to the legislation on information, informatization and information security, including on personal data.

3. Participants of MSI are banks, the non-bank credit and financial organizations, "Development Bank of the Republic of Belarus" open joint stock company.

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