Dealing with Specified Person and in Restricted Currency
1. No person in Malaysia shall undertake or engage in any dealing or transaction with a Specified Person. Notwithstanding, a person may enter into, or make or receive payment arising from an international trade with or involving a Specified Person if such trades are allowed by relevant authority in Malaysia.
2. All dealings or transactions using or involving a Restricted Currency are prohibited.
3. No person shall open an account for a Specified Person or in a Restricted Currency unless with prior approval from the Bank.
Direction on dealings with specified person and in restricted currency can be found here [PDF]
