Section 37, Terrorism Act, 2012

(1) Reporting entities shall require their foreign branchesand majority-owned subsidiaries to implement therequirements of sections 17, 21, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 and 36 to the extent that applicable laws of the host country permit. (2) If the laws of the country where the branch or majorityowned subsidiary is situated prevent compliance with the sections referred to in subsection (1) for any reason, the financial institution shall immediately advise its competent supervisory authority, which may take or authorize other appropriate steps to accomplish the purposes of this Act.