Malaysia legislation
Section 6
of Act 627
Section 6
(a)
the payment system poses systemic risk; or
(b)
the designation is necessary to protect the interest of the public.
(2)
The Bank may, in considering whether to designate a payment system as a designated payment system under subsection (1), inspect the premises, equipment, machinery, apparatus, books or other documents, or accounts and transactions relating to the payment system, upon giving written notice to the operator.
Compliance with Chapter 2