30. Information for purposes of financial stability

Terms defined in this Act

• Bank

  Bank

  Defined · s 2

  “Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;

  Open s 2
• financial institution

  financial institution

  Defined · s 2

  “financial institution” means a person carrying on a financial business regulated under the laws enforced by the Bank and in addition includes any— (a) person who operates any payment system or issues any payment instrument; and (b) person carrying on any other financial business as the Minister may prescribe;

  Open s 2
• financial markets

  financial markets

  Defined · s 2

  “financial markets” includes the money market, the foreign exchange market, the capital market and the derivatives market;

  Open s 2
• financing

  financing

  Defined · s 2

  “financing” means the giving of any advance, loan, credit or other facility in whatever form or by whatever name called, including the giving of a guarantee or undertaking of any surety obligations for another person and where such financing is extended in accordance with the Shariah shall include, and may be in the form of, without limitation, any sale or purchase arrangement, joint venture arrangement, deferred payment sale, return sharing arrangement or any other financing arrangement made in accordance with the Shariah;

  Open s 2
• related corporation

  related corporation

  Defined · s 2

  “related corporation”, in relation to a corporation, means a corporation which is deemed to be related to the first-mentioned corporation under section 6 of the *Companies Act 1965;

  Open s 2
• risk to financial stability

  risk to financial stability

  Defined · s 29

  “risk to financial stability” means a risk which in the opinion of the Bank disrupts, or is likely to disrupt, the financial intermediation process including the orderly functioning of the money market and foreign exchange market, or affects, or is likely to affect, public confidence in the financial system or the stability of the financial system. Information for purposes of financial stability

  Open s 29
• supervisory authority

  supervisory authority

  Defined · s 2

  “supervisory authority” means any authority, body or agency in or outside Malaysia other than the Bank which is responsible for the supervision or oversight of any financial institution, financial market, capital market intermediary or participant or payment system;

  Open s 2