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Money Services Business Act 2011 · s 26

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s 26Transparency in dealings

(1)

A licensee shall provide adequate disclosure to its customers on its products or services and any other information relating to such products or services as the Bank may prescribe, prior to the execution of any money services business transaction with its customers.

32 Laws of Malaysia

(2)

A licensee who contravenes subsection (1) commits an offence.