Malaysia legislation

Section 21

of BANKING ACT 1973

Section 21

(a)

not later than fifteen days after the last day of each month a statement showing the liabilities and assets of its banking offices and branches in the Federation at the close of business on the last business day of the preceding month;

(b)

a statement giving an analysis of loans and advances of its banking offices and branches in the Federation as at such intervals and within such period as may be prescribed by notice from time to time by the Central Bank;

(c)

not later than six months after the close of its financial year a statement showing the income and expenditure in respect of its business in the Federation; and

(ca)...

(d)

any such statistical information as may be requested by the Central Bank.

(3)

Any licensed bank which fails to comply with any requirement set out in subsection (1) shall be guilty of an offence and shall on conviction be liable to a fine not exceeding one thousand dollars for every day during which the default continues.

(2)

Any information received from a bank under this section shall be regarded as secret between that bank and the Central Bank.

(4)

It shall be the responsibility of the Central Bank to prepare and publish consolidated statements aggregating the figures in the returns furnished under paragraphs (a) and (b) of subsection (1).