An Act to provide new laws for the licensing and regulation of institutions carrying on banking, finance company, merchant banking, discount house and money-broking businesses, for the regulation of institutions carrying on certain other financial businesses, and for matters incidental thereto or connected therewith.
The Act contains 16 Parts, 131 Sections and four Schedules. The Parts are the following:
- Preliminary
- Licensing of Banking, Finance Company, Merchant Banking, Discount House and Money-Broking Businesses
- Scheduled Businesses and Representative Offices
- Restrictions Relating to Acceptance and Solicitation of, Advertisement for, and Inducement to Make Deposits
- Subsidiaries and Offices of Licensed Institutions
- Restrictions on Dealings of Licensed Institutions
- Financial Requirements and Duties of Licensed Institutions
- Ownership, Control and Management of Licensed Institutions
- Restrictions on Business of Licensed Institutions
- Powers of Supervision and Control over Licensed Institutions
- Investigation, Search and Seizure
- Application of Parts X and XI to Non-Scheduled Institutions Engaged in Provision of Finance
- Information and Secrecy
- Offences
- General Provisions
- Amendment, Repeal and Transitional Provisions
Malaysia-Banking and Financial Institutions Act-1989-2006-eng (full text in English, PDF)
Malaysia-Banking and Financial Institutions Act-1989-2006-zlm (full text in Malay, PDF)
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