Malaysia legislation
Section 153
Section 153
Duty to maintain secrecy
(a)
in the circumstance set out under section 154; or
(b)
to the Commission—
(i)
for the purpose of enabling or assisting the
Commission in the discharge of its functions under the securities laws or any other written law; and
(ii)
if the Commission is of the view that such disclosure is necessary in the interest of the public or for the protection of investors.
(2)
A person who has any information or document which to his knowledge has been disclosed in contravention of subsection (1) shall not in any manner disclose such information or document to any other person.
(3)
A person who contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding three million ringgit or to imprisonment for a term not exceeding five years or to both.
Permitted disclosure