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Section 41

Advice or recommendations on financial stability to supervisory authorities

of Central Bank of Malaysia Act 2009

ActIn forceProvision 41 of 134
Section 41

The Bank may, in the interest of financial stability advise, or make recommendations to any supervisory authority in Malaysia on—

(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.