Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Chapter 1
41. Advice or recommendations on financial stability to supervisory authorities
Feedback & supportThe Bank may, in the interest of financial stability advise, or make recommendations to any supervisory authority in Malaysia on—
Bank
Defined · s 2
“Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;
(a)
the implications of any written law, policies or measures proposed by such authority which may affect financial stability; and
(b)
appropriate measures or safeguards to take for purposes of promoting financial stability.