(1) A licensed credit bureau shall:

(a) quote its licence number in an advertisement or information document in which it offers its services;

(b) accept the filing of credit information from a data provider on payment of the bureau’s filing fee, if any;

(c) provide credit reports on request in accordance with the provisions of this Act;

(d) prevent information held by the credit bureau from being disclosed, with the exception of those situations stipulated under this Act;

(e) maintain adequate systems of internal control

(f) keep and submit records of the activities of the credit bureau in accordance with this Act and the laws of Ghana;

(g) request that a data provider corrects and supplements the submitted information that requires reprocessing or specification if there are grounds for this;

(h) submit to technical audits that the Bank may require from time to time;

(i) submit records and reports to the Bank as the Bank may require;

(j) abide by

(i) regulations and rules made under this Act,

(ii) directions given by the Bank, and

(iii) other duties imposed by a code of conduct issued by or with the permission of the Bank;

(k) accept without charge the filing of credit information by a credit information subject to correct or challenge information held by that credit bureau concerning that credit information subject;

(l) take steps to verify the accuracy of credit information reported to it;

(m) retain credit information reported to the bureau for the prescribed period;

(n) maintain the database records of consumer credit information to satisfy the standards prescribed by the Bank;

(o) comply with standards and code of conduct issued by or with the permission of the Bank for licensed credit bureaus; and

(p) not prejudice the assessment of a person’s credit worthiness merely on the basis that the credit bureau does not have credit information concerning that person.