In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part IV
Brunei Darussalam Central Bank Order, 2010 (Formerly Known as Autoriti Monetari Brunei Darussalam Order) · As enacted · Part IV
Official textFrom Attorney General's Chambers, unchanged
( 1)
The Authority shall be exclusively responsible for the regulation, licensing, and oversight of payment, clearing and securities settlement systems.
5023
The Authority may
(aJ require the licensing of any payment, clearing and securities settlement system and the operator of such system;
{bJ require any payment, clearing and securities settlement system and the operator of such system to observe such conditions and requirements as may be established by the Authority; and
(cJ regulate and oversee the issue and quality of payment instruments.
The officers and employees of the Authority may visit the offices of payment, clearing and securities settlement systems, and their participants, to examine such accounts, books, documents and other records, to obtain such information from them, and to take such other action as the Authority shall consider necessary or advisable.
Payment, clearing and securities settlement systems, and their participants, shall furnish the Authority with such information as the Authority may require.
The Authority may disclose information and data obtained under subsection (4) in whole or in part in aggregate form, in accordance with section 47.
Part VI
Part VIII