Malaysia legislation
Section 2
of MALAYSIAN ANTI-CORRUPTION COMMISSION (AMENDMENT) ACT 2018
Section 2
The Malaysian Anti-Corruption Commission Act 2009
[Act 694], which is referred to as the “principal Act” in this Act, is amended in section 3—
(a)
by deleting the definition of “bank”;
(b)
by substituting for the definition of “financial institution”
the following definition:
‘ “financial institution” means—
(a)
a licensed bank, licensed insurer and investment bank under the Financial Services Act 2013
[Act 758];
(b)
a licensed international Islamic bank, licensed international takaful operator, licensed Islamic bank and licensed takaful operator under the Islamic Financial Services Act 2013
[Act 759];
(c)
a prescribed institution under the Development
Financial Institutions Act 2002 [Act 618];
(d)
a licensee under the Money Services Business
Act 2011 [Act 731];
(e)
a person licensed or registered under the
Capital Markets and Services Act 2007
[Act 671];
(f)
the central depository established under the
Securities Industry (Central Depositories)
Act 1991 [Act 453];
(g)
a bank licensee, an insurance licensee, a securities licensee and any entity licensed or registered under the Labuan Financial
Services and Securities Act 2010 [Act 704];
(h)
an Islamic bank licensee, a takaful licensee, an Islamic securities licensee and any entity licensed or registered under the Labuan Islamic
Financial Services and Securities Act 2010
[Act 705]; and
(i)
any other financial institution established or licensed under any other written law or any co-operative society registered or deemed to have been registered under the Co-operative
Societies Act 1993 [Act 502];’.
Malaysian Anti-Corruption Commission (Amendment)
5
Amendment of section 17