Legal Statements

Terms of Use

Definitions

"Bank Negara Malaysia website" is the interactive on-line service operated by Bank Negara Malaysia ("BNM") on the World Wide Web of the Internet, consisting of information services and content provided by BNM, affiliates of BNM and other third parties. "Subscriber" means each person who establishes or accesses a connection ("Account") for access to and/or use of Bank Negara Malaysia website.

General

(A) This Agreement, sets forth the terms and conditions that apply to use of BNM website by Subscriber. By using BNM website (other than to read this Agreement for the first time), Subscriber agrees to comply with all of the terms and conditions hereof. The right to use BNM website is personal to Subscriber and is not transferable to any other person or entity. Subscriber is responsible for all use of Subscriber's Account (under any screen name or password) and for ensuring that all use of Subscriber's Account complies fully with the provisions of this Agreement. Subscriber shall be responsible for protecting the confidentiality of Subscriber's password(s), if any.

(B) BNM shall have the right at any time to change or discontinue any aspect or feature of BNM website, including, but not limited to, content, hours of availability, and equipment needed for access or use.

Changed Terms

BNM shall have the right at any time to delete, change or modify the terms and conditions applicable to Subscriber's use of BNM website, or any part thereof, or to impose new conditions, including, but not limited to, adding fees and charges for use. Such changes, modifications, additions or deletions shall be effective immediately upon notice thereof, which may be given by means of, including, but not limited to, posting on BNM website, or by electronic or conventional mail, or by any other means by which Subscriber obtains notice thereof. Any use of BNM website by Subscriber after the issuance of such notice shall be deemed to constitute acceptance by Subscriber of such deletions, changes, modifications or additions.

Equipment

Subscriber shall be responsible for obtaining and maintaining all telephone, computer hardware and other equipment needed for access to and use of BNM website and all charges related thereto.

Subscriber Conduct

(A) Subscriber shall use BNM website for lawful purposes only. Subscriber shall not post or transmit through BNM website any material which violates or infringes in any way upon the rights of others, which is unlawful, threatening, abusive, defamatory, an invasion of privacy , vulgar, obscene, profane or otherwise objectionable, which encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any law, or which, without BNM's express prior approval, contains advertising or any solicitation with respect to products or services. Any conduct by a Subscriber that in BNM's view restricts or inhibits any other Subscriber from using or enjoying BNM website will not be permitted. Subscriber shall not use BNM website to advertise or perform any commercial solicitation, including, but not limited to, the solicitation of users to become subscribers of other on-line information services competitive with BNM website.

(B) BNM website contains material subject to the protection of copyright, trademarks and other proprietary information, including, but not limited to, text, software, photos, video, graphics, music and sound, and the entire contents of BNM website are subject to copyright as a collective work under the Malaysian copyright and trade marks laws. BNM owns a copyright in the selection, coordination, arrangement and enhancement of such content, as well as in the content original to it. Subscriber may not modify, publish, transmit, participate in the transfer or sale, create derivative works, or in any way exploit, any of the content, in whole or in part. Subscriber may download material for Subscriber's personal use only provided that this not for the purpose of private or commercial gain. Except as otherwise expressly permitted under copyright law, no copying, redistribution, retransmission, publication or commercial exploitation of downloaded material will be permitted without the express permission of BNM and the relevant copyright owner. In the event of any permitted copying, redistribution or publication of material subject to copyright, no changes in or deletion of author attribution, trademark legend or copyright notice shall be made. Subscriber acknowledges that it does not acquire any ownership rights by downloading such material.

(C) Subscriber shall not upload, post or otherwise make available on BNM website any material protected by copyright, trademark or other proprietary right without the express permission of the owner of the copyright, trademark or other proprietary right and the burden of determining that any material is not protected by copyright rests with Subscriber. Subscriber shall be solely liable for any damage resulting from any infringement of copyrights, proprietary rights, or any other harm resulting from such a submission. By submitting material to any public area of BNM website, Subscriber automatically grants, or warrants that the owner of such material has expressly granted BNM the royalty-free, perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate and distribute such material (in whole or in part) worldwide and/or to incorporate it in other works in any form, media or technology now known or hereafter developed for the full term of any copyright that may exist in such material. Subscriber also permits any other Subscriber to access, view, store or reproduce the material for that Subscriber's personal use. Subscriber hereby grants BNM the right to edit, copy, publish and distribute any material made available on BNM website by Subscriber.

(D) The foregoing provisions of this Section 5 are for the benefit of BNM, its subsidiaries, affiliates and its third party content providers and licensors and each shall have the right to assert and enforce such provisions directly or on its own behalf.

Monitoring

BNM shall have the right, but not the obligation, to monitor the content of BNM website, to determine compliance with this Agreement and any operating rules established by BNM and to satisfy any law, regulation or authorized government request. BNM shall have the right in its sole discretion to edit, refuse to post or remove any material submitted to or posted on BNM website. Without limiting the foregoing, BNM shall have the right to remove any material that BNM, in its sole discretion, finds to be in violation of the provisions hereof or otherwise objectionable.

Indemnification

Subscriber agrees to defend, indemnify and hold harmless BNM, its affiliates and their respective directors, officers, employees and agents from and against all loss, damage, claims or expenses, including attorneys' fees, arising out of the use of BNM website by Subscriber or Subscriber's Account.

Termination

Either BNM or Subscriber may terminate this Agreement at any time. Without limiting the foregoing, BNM shall have the right to immediately terminate Subscriber's Account in the event of any conduct by Subscriber which BNM, in its sole discretion, considers to be unacceptable, or in the event of any breach by Subscriber of this Agreement. The provisions of this Section 8, Sections 5(B), 5(C), 5(D), 7, 9 and the Disclaimer shall survive termination of this Agreement.

Name and Emblem of BNM

The emblem of Bank Negara Malaysia, or the name of Bank Negara Malaysia, including any abbreviation of its name, is protected by the Emblems and Names (Prevention of Improper Use) Act, 1963. Therefore, BNM , BNM website and the BNM emblem, can not be used by Subscriber or any person without the written permission of the Minister. All other trademarks appearing on BNM website are the property of their respective owners.

Third Party Content

BNM is a distributor (and not a publisher) of content supplied by third parties and Subscribers. Accordingly, BNM has no more editorial control over such content than does a public library, bookstore, or newsstand. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties, including information providers, Subscribers or any other user of BNM website, are those of the respective author(s) or distributor(s) and not of BNM. Neither BNM nor any third-party provider of information guarantees the accuracy, completeness, or usefulness of any content, nor its merchantability or fitness for any particular purpose. (Refer to Section 6 above for the complete provisions governing limitation of liabilities and disclaimers of warranty.)

In many instances, the content available through BNM website represents the opinions and judgments of the respective information provider, Subscriber, or other user not under contract with BNM. BNM neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on BNM website by anyone other than authorized BNM employee spokespersons while acting in their official capacities. Under no circumstances will BNM be liable for any loss or damage caused by a Subscriber's reliance on information obtained through BNM website. It is the responsibility of Subscriber to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through BNM website. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Miscellaneous

This Agreement and any operating rules for BNM website established by BNM constitute the entire agreement of the parties with respect to the subject matter hereof, and supersede all previous written or oral agreements between the parties with respect to such subject matter. This Agreement shall be construed in accordance with the laws of Malaysia, without regard to its conflict of laws rules. No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. The section headings used herein are for convenience only and shall not be given any legal import.

Privacy Statement

Introduction

The "BNM website" takes your right to privacy seriously, and wants you to feel comfortable using this web site. This privacy policy deals with personally-identifiable information (referred to as "data" below) that may be collected by this site. This policy does not apply to other entities that are not owned or controlled by the BNM website, nor does it apply to persons that are not employees or agents of the BNM website, or that are not under the BNM website's control. Please take time to read this site's Terms of use.

Collection of data

Registration for an account on this site requires only a valid e-mail address and a user name that has not been chosen already. You are not required to provide any other information if you do not want to. Please be aware that the user name you choose, the e-mail address you provide and any other information you enter may render you personally identifiable, and may possibly be displayed on this web site intentionally (depending on choices you make during the registration process, or depending on the way in which the site is configured) or unintentionally (subsequent to a successful act of intrusion by a third party). As on many web sites, the BNM website may also automatically receive general information that is contained in server log files, such as your IP address, and cookie information. Information about how advertising may be served on this site (if it is indeed the BNM website's policy to display advertising) is set forth below.

Use of data

Data may be used to customize and improve your user experience on this site. Efforts will be made to prevent your data being made available to third parties unless (i) provided for otherwise in this Privacy Policy; (ii) your consent is obtained, such as when you choose to opt-in or opt-out for the sharing of data; (iii) a service provided on our site requires interaction with a third party, or is provided by a third party, such as an application service provider; (iv) pursuant to legal action or law enforcement; (v) it is found that your use of this site violates the BNM website's policy, terms of service, or other usage guidelines, or if it is deemed reasonably necessary by the BNM website to protect the BNM website's legal rights and/or property; or (vi) this site is purchased by a third party, in which case that third party will be able to use the data in the same manner as set forth in this policy. In the event you choose to use links displayed on this web site to visit other web sites, you are advised to read the privacy policies published on those sites.

Cookies

Like many web sites, this web site sets and uses cookies to enhance your user experience -- to remember your personal settings, for instance. Advertisements may display on this web site and, if so, may set and access cookies on your computer; such cookies are subject to the privacy policy of the parties providing the advertisement. However, the parties providing the advertising do not have access to this site's cookies. These parties usually use non-personally-identifiable or anonymous codes to obtain information about your visits to this site.

Editing or deleting your account information

You are provided with the ability to edit the information stored for your user account information during registration, by visiting your user account control panel. You can request that your user account be deleted; to do so, please contact the site administrator. Content or other data that you may have provided, and that is not stored within your user account, such as articles published, may continue to remain on the site at the BNM website's discretion, even after your user account is deleted. Please see the site's Terms of use for more information.

Changes to this privacy policy

Changes may be made to this policy from time to time. You will be notified of substantial changes to this policy either by through the posting of a prominent announcement on the site, and/or by a mail message sent to the e-mail address you have provided, which is stored within your user settings.

No Guarantees

While this privacy policy states standards for maintenance of data, and while efforts will be made to meet the said standards, the BNM website is not in a position to guarantee compliance with these standards. There may be factors beyond the BNM website's control that may result in disclosure of data. Consquently, the BNM website offers no warranties or representations as regards maintenance or non-disclosure of data.

Contact information

If you have any questions about this policy or about this web site, please feel free to contact the site administrator.

Security Policy

Monitoring System

For security purposes and to ensure that the website of Bank Negara Malaysia (the Bank) remains available to web users, the Bank uses special software programs for monitoring network traffic to identify unauthorised attempts to upload or change information, or otherwise to cause damage to the Bank's server system. These programs collect no information that directly identify individuals, but they do collect information that could help the Bank identifies someone attempting to tamper with its website.

If you use the Bank's website, you should take note that all activities may be monitored and recorded. Anyone using the Bank's website expressly consents to such monitoring and recording.

Log information

The Bank's servers automatically record information that your browser sends whenever you visit its website. These server logs may include information such as the date and time of your visit, your Internet Protocol address, browser type, browser language, browser screen size, and one or more cookies that identify your browser. The information the Bank collects is only used to compile statistics, on an aggregated basis, on the usage of the Bank's website.

Cookies

What are cookies? A cookie is a small piece of information that is sent to your browser when you access a website. The use of cookies is an industry standard and they are found at most major websites.

On those pages where the Bank uses "cookies" to facilitate your use of the Bank's website, the Bank does not collect personal information about you. Cookies help the Bank to store user preferences and track usage trends on an aggregated basis. The Bank uses cookies to define user sessions as well as to provide a number of key features for the Bank's website usage reports. These cookies are unique to the Bank's domain and cannot be altered or retrieved by any service on another domain.

Google Analytics

The Bank's website makes use of Google Analytics, an external service provided by Google, to obtain reports about the usage of its website. The information sent by the browser is also sent to servers operated by Google, and is used to provide the Bank with aggregated statistics about the number of browser visits, usage patterns, and searches performed on the Bank's website.

Information from e-mail you send to the Bank

If you decide to send to the Bank an e-mail message, the message will usually contain your return e-mail address. If you include personally-identifying information in your e-mail because you want the Bank to address issues specific to your situation, the Bank may use that information in responding to your request. Also, e-mail is not totally secured against interception. Please send only information necessary to help the Bank processes your request.

Voluntary Submission of Information

On some of the Bank's web pages the Bank provides forms that let you voluntarily submit personal information (such as e-mail address or name). For example, this occurs when you are submitting a feedback/complaint to the Bank, participating in an online survey conducted by the Bank or subscribe to the Bank's "Email Alert" service. In those cases, all submitted information is used only for the expressed purposes for which it is intended and is not made available to any third party.

Personal Information Storage Security

The Bank maintains strict security standards to safeguard your personal information submitted to the Bank (via email or voluntary submission of information mentioned above). The Bank willl always ensure that the transmission, processing and storage of your personal data are in compliance with the Privacy Statement.

Disclaimer of Warranty; Limitation of Liability

A) Subscriber expressly agrees that use of "BNM website" is at subscriber's sole risk. Neither BNM, its affiliates nor any of their respective employees, agents, third party content providers or licensors warrant that BNM website will be uninterrupted or error free; nor do they make any warranty as to the results that may be obtained from use of BNM website, or as to the accuracy, reliability or content of any information, service, or merchandise provided through BNM website.

B) BNM website is provided on an "as is" basis without warranties of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties of merchantability fitness for a particular purpose, accuracy, timeliness or completeness, other than those warranties which are implied by and incapable of exclusion, restriction or modification under the laws applicable to this agreement.

C) This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, whether for breach of contract, negligence or other tortious behaviour, or under any other cause of action. Subscriber specifically acknowledges that BNM is not liable for the defamatory, offensive or illegal conduct of other subscribers or third-parties and that the risk of injury from the foregoing rests entirely with subscriber.

D) In no event will BNM, or any person or entity involved in creating, producing or distributing BNM website or the BNM website software, be liable for any damages, including, without limitation, direct, indirect, incidental, special, consequential or punitive damages arising out of the use of or inability to use BNM website. Subscriber hereby acknowledges that the provisions of this section shall apply to all content on BNM website.

E) In addition to the terms set forth above neither, BNM, nor its affiliates, information providers or content partners shall be liable regardless of the cause or duration, for any errors, inaccuracies, omissions, or other defects in, or untimeliness or unauthenticity of, the information contained within BNM website, or for any delay or interruption in the transmission thereof to the user, or for any claims or losses arising therefrom or occasioned thereby. None of the foregoing parties shall be liable for any third-party claims or losses of any nature, including, but not limited to, lost profits, punitive or consequential damages. Neither, BNM, nor its affiliates, information providers or content partners warrant or guarantee the timeliness, sequence, accuracy or completeness of this information. Additionally, there are no warranties as to the results obtained from the use of the information.

(F) Reference to any specific commercial product, process or service by trade name, trade mark, manufacture or otherwise by BNM or its affliates does not constitute an endorsement, a recommendation or a favouring by BNM.