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To remain technologically neutral the technical standards adopted by Islamic retail bank licenseesG must not require a specific technology. Authentication codes must be based on solutions such as generating and validating one-time passwords, digital signatures or other cryptographically underpinned validity assertions using keys and/or cryptographic material stored in the authentication elements, as long as the security requirements are fulfilled.

Added: April 2019
(1 Version)
Apr 1 2019 onwards
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