Singapore legislation
Section 38
Section 38
Communication of information by financial institutions to law enforcement agencies
(1)
Where a financial institution has information about an account held with the institution and the institution knows that —
the information may be relevant to an investigation of, or the prosecution of a person for, any offence; or
the information would otherwise be of assistance in the enforcement of this Act or any regulations made thereunder,the institution may give the information to any authorised officer.
(2)
An action, suit or proceeding shall not lie against —
a financial institution; or
a person who is an officer, employee or agent of the institution acting in the course of his employment or agency,in relation to any action taken by that institution or person pursuant to subsection (1).