Money Services Business Act 2011 · Updated to 1 Oct 2015 · Part IX · Miscellaneous
84. Secrecy
Official textFrom Laws of Malaysia Online, unchanged
No person who is or has been a director, chief executive officer, controller or employee of a licensee or money services business agent shall give, produce, divulge, reveal, publish or otherwise disclose to any person, or make a record for any person of,
money services business agent
“money services business agent” means a person— (a) appointed by a licensee in accordance with section 43 to carry on money services business on behalf of the licensee; and (b) registered by the Bank as a money services business agent under section 44; *NOTE—The Act was repealed by the Financial Services Act 2013 –see section 271…
84 Laws of Malaysia any information or document whatsoever relating to the affairs or accounts of any of its customers.
accounts
“accounts” includes records of any financial transactions of licensees;
No person, who for any reason, has by any means access to any information or document relating to the customers of a licensee or money services business agent, shall give, produce, divulge, reveal, publish or otherwise disclose to any person, or make a record for any person of, any information or document relating to such customer.
No person who has any information or document which to his knowledge has been disclosed in contravention of subsection (1) or
shall in any manner disclose the information or document to any other person.
Any person who contravenes this section commits an offence.
Terms defined in s 2
accounts
Defined · s 2“accounts” includes records of any financial transactions of licensees;
money services business agent
Defined · s 2“money services business agent” means a person— (a) appointed by a licensee in accordance with section 43 to carry on money services business on behalf of the licensee; and (b) registered by the Bank as a money services business agent under section 44; *NOTE—The Act was repealed by the Financial Services Act 2013 –see section 271…
Part X