Perintah Perkhidmatan Kewangan (Syarikat Pemegangan Kewangan) (Ketidakpakaian dan Pemakaian Dengan Ubah Suaian) 2013

Peruntukan Penggal 5 dan 6 kepada Bahagian V Akta tidak terpakai bagi suatu syarikat pemegangan kewangan.

Pemakaian dengan ubah suaian peruntukan Bahagian V Akta

Bahagian

V

Akta diubah suai selaras dengan objektif pengawalseliaan Akta, hendaklah terpakai bagi suatu syarikat pemegangan kewangan sebagaimana yang diubah suaikan sedemikian mengikut cara yang dinyatakan dalam

Jadual.

P.U. (A) 201 3

JADUAL

[Perenggan 3]

Peruntukan dalam

Bahagian V

Ubah suaian

Seksyen 47

Subseksyen 47(1) diubah suai dalam perenggan (a) dan (b) dengan memasukkan selepas perkataan “institusi” perkataan “atau kumpulan kewangan”.

Seksyen 56

Perenggan 56(2)(a) diubah suai dengan—

(c)

memotong perkataan “dan standard urus niaga adil yang munasabah”.

Perenggan 56(2)(b) diubah suai dengan menggantikan perkataan “institusi”

dengan perkataan “kumpulan kewangan”.

Perenggan 56(2)(d) diubah suai dengan menggantikan perkataan “institusi”

dengan perkataan “kumpulan kewangan”.

Perenggan 56(2)(e) diubah suai dengan menggantikan perkataan “institusi”

yang terdapat selepas perkataan “kekukuhan”, dengan perkataan “kumpulan kewangan”.

Subseksyen 56(3) diubah suai dengan menggantikan perkataan “pendeposit atau pemunya polisi institusi itu atau peserta” dengan perkataan “orang berlesen dalam kumpulan kewangan itu”.

Seksyen 72

Perenggan 72(c) diubah suai dengan menggantikan perkataan “pendeposit, pemunya polisi, pemiutang institusi itu, peserta atau pengguna” dengan perkataan “pemiutang syarikat pemegangan kewangan itu, atau orang berlesen dalam kumpulan kewangan itu”.

Perenggan 72(d) diubah suai dengan—

(a)

menggantikan perkataan “pendeposit, pemunya polisi, pemiutang institusi itu, peserta atau pengguna, mengikut mana-mana yang berkenaan,” dengan perkataan “pemiutang syarikat pemegangan kewangan itu”; dan

(b)

memotong perkataan “atau kumpulan wang insurans, mengikut mana-mana yang berkenaan”.

Seksyen 73

Subseksyen 73(1) diubah suai dengan menggantikan perkataan “institusi kewangan” yang terdapat selepas perkataan “juruaudit”, dengan perkataan

“syarikat pemegangan kewangan”.

P.U. (A) 201 4

Dibuat 28 Jun 2013

[KK/BPKA/K2/(S)/382/690/9/1 JLD.4; PN(PU2)718]

DATO’ SERI HAJI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Menteri Kewangan Kedua

P.U. (A) 201 5

FINANCIAL SERVICES ACT 2013

FINANCIAL SERVICES (FINANCIAL HOLDING COMPANY) (NON-APPLICATION AND

APPLICATION WITH MODIFICATION) ORDER 2013

IN the exercise of the powers conferred by subsection 115(2) of the Financial Services

Act 2013 [Act 758], the Minister, on the recommendation of the Central Bank of

Malaysia, makes the following order:

Citation and commencement 1.

(1)

This order may be cited as the Financial Services (Financial Holding

Company) (Non-Application and Application with Modification) Order 2013.

(2)

This Order comes into operation on 30 June 2013.

Non-application of provisions of Part V of the Act 2.

The provisions of Divisions 5 and 6 of Part V of the Act shall not apply to a financial holding company.

Application with modification of provisions of Part V of the Act 3.

The provisions of Part V of the Act are modified consistent with the regulatory objectives of the Act, shall apply to a financial holding company as so modified in the manner set out in the Schedule.

P.U. (A) 201 6

[Paragraph 3]

Provisions in Part V

Modification

Section 47

Subsection 47(1) is modified in paragraphs (a) and (b) by inserting after the word “institution” the words “or a financial group”.

Section 56

Paragraph 56(2)(a) is modified by —

(a)

inserting the words “of the financial group” after the word “strategies”;

(b)

substituting for the words “the institution” the words “licensed persons within the financial group”; and

(c)

deleting the words “and reasonable standards of fair dealing”.

Paragraph 56(2)(b) is modified by substituting for the word “institution” the words “financial group”.

Paragraph 56(2)(d) is modified by substituting for the word “institution” the words “financial group”.

Paragraph 56(2)(e) is modified by substituting for the word “institution”

appearing after the words “soundness of the”, the words “financial group”.

Subsection 56(3) is modified by substituting for the words “depositors or policy owners of the institution and participants” the words “the licensed persons within the financial group”.

Section 72

Paragraph 72(c) is modified by substituting for the words “depositors, policy owners, creditors of the institution, participants or users,” the words “creditors of the financial holding company, or licensed persons within the financial group,”.

Paragraph 72(d) is modified by —

(a)

substituting for the words “depositors, policy owners, creditors of the institution, participants or users, as the case may be,” the words

“creditors of the financial holding company”; and

(b)

deleting the words “or insurance fund, as the case may be”.

Section 73

Subsection 73(1) is modified by substituting for the words “financial institution”

appearing after the words “auditor of a”, the words “financial holding company”.

P.U. (A) 201 7

Made 28 June 2013

[KK/BPKA/K2/(S)/382/690/9/1 JLD.4; PN(PU2)718]

DATO’ SERI HAJI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Second Minister of Finance