Section 202
of Malaysia Deposit Insurance Corporation Act 2011
Section 202
Unless expressly provided for in this Act to the contrary, if, for the purpose of the exercise of any of its powers, the performance of any of its functions, or the discharge of any of its duties, under this
Act, the Corporation requires any information from a member
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institution or from any related corporation of a member institution, on any matter relating to the business or affairs of such member institution or related corporation, such member institution or related corporation shall, notwithstanding any of the provisions of the Financial Services
Act 2013 or the Islamic Financial Services Act 2013, submit such information to the Corporation.
(2)
Any officer or agent of the member institution or related corporation or any other person having access or holding or in possession of the books, records, accounts or other documents of a member institution or related corporation shall, if at any time called upon in writing by the Corporation to do so, produce the same to the
Corporation as it may require.
(3)
Where the information obtained by the Corporation under subsection (1) or (2) relates to the account, business or affairs of any customer of any member institution or related corporation supplying the information, that information shall be confidential as between the
Corporation and the member institution or related corporation supplying it.
(4)
Any person who fails to comply with any requirement under this section commits an offence and shall, on conviction, be liable to a fine not exceeding three million ringgit and shall, in addition, be liable to a daily fine not exceeding thirty thousand ringgit for every day the offence continues after conviction.