Malaysia legislation

Section 40

of *CENTRAL BANK OF MALAYSIA ACT 2009

Section 40

(a)

enter into arrangements to co-operate with other supervisory authorities and co-ordinate financial stability measures with such supervisory authorities; and

(b)

obtain any information or document from, or share any information or document with, any other supervisory authority if the Bank considers it necessary that such information or document be so obtained or shared.

Central Bank of Malaysia 51

(2)

Where the Bank shares any information or document under paragraph (1)(b)—

(a)

with any supervisory authority in Malaysia, such information or document shall not be disclosed to any person except with the written consent of the Bank; or

(b)

with any supervisory authority outside Malaysia, such supervisory authority shall give an appropriate undertaking for protecting the confidentiality of such information or document and the purposes for which the information or document may be used.

Advice or recommendations on financial stability to supervisory authorities