Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Chapter 1
33. Due diligence
Feedback & supportIn relation to a financial institution referred to in paragraph 32(1)(a) or (b) or any of its related corporations, the Bank may conduct due diligence and examine, take possession of or make copies or extracts of any books, documents, accounts and transactions of the financial institution or any of its related corporations or require such institution or any of its related corporations to submit any information or document the Bank requires prior to the tabling of any proposal at a meeting of the Financial Stability Executive Committee under subparagraph 38(1)(a)(ii) or prior to providing any liquidity assistance or during the period where any such assistance is being provided.
financial institution
“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;