Archive for the ‘Banking Law’ Category

DUTY OF SECRECY:HOW FAR HAS THIS RIGHT BEEN DILUTED IN MALAYSIA? (By Richard Tan)

Monday, January 7th, 2008

In this millennium globalization era, trade competitions between countries are getting stiffer and inevitably Malaysia is susceptible to such commercial fray, e.g. in banking arena. Any right-thinking man, particularly businessman, setting foot in the bank would have expected the bank to provide the best services, inter alia, to keep all their personal information confidential. As such, duty of secrecy is one of the salient duties undertaken by the banker towards its customers.

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