About
LABUAN IBFC
The Midshore International Business and Financial Centre in Asia Pacific
Labuan Investment Bank Group
The Labuan Investment Bank Group (LIBG) established as a self-regulating body for the licensed Labuan Investment Banks, which are incorporated in Labuan, Malaysia and regulated by Labuan Financial Services Authority (Labuan FSA).

LIBG was initiated on 8 July 2010 by Labuan FSA, approving a Protem Committee comprising:

Chairman : Dato’ Howard Choo (IBH Investment Bank Limited)
Vice Chairman : Mohsen Hosseini Hossein Pour (Middle East Investment Bank Limited)
Secretary : Zanariah Ja’afar (Amanah Raya Investment Bank Limited)

The objectives of setting up LIBG:

  • To promote the Federal Territory of Labuan (Labuan) as an International Business Centre
  • To deal with common issues of concern
  • To disseminate information of common interest
  • To communicate and/or liaise with relevant authorities and bodies on all matters affecting the interest of members

Generally, to promote and protect the mutual interest of members and to do all such other lawful acts as are incidental and conducive to the attainment of the above objectives or any of them
The membership to LIBG shall for Labuan companies established or registered, referred to as Labuan Investment Banks under the Labuan Companies Act, 1990 for the sole and exclusive purpose of carrying investment banking business in Labuan, under the Labuan Offshore Banking Act, 1990 and subsequently Labuan Financial Services and Securities Act 2010 and who shall hold a valid license to carry such business.

Labuan Investment Banks (LIB) primarily serve corporations and government bodies and high net worth individuals as part of their wealth management and investment objectives. LIB is permitted to conduct all business activities of commercial banks, excluding the smaller retailers and remittance activities from individual/corporate accounts.
Labuan’s strong regulatory banking framework, flexible and favourable tax regime including its low operational and set-up cost have attracted many international players to base their investment banking business in Labuan.

Scope:

  • To receive proposals affecting industry wide practice
  • To prepare the committee’s view on such proposals for the attention of the authorities
  • To administrate industry wide conduct
  • To undertake any other activities that might promote Labuan FSA or be beneficial to members

Permitted Business Activities for a LIBG:

1. Providing credit facilities
  • Principal investing
  • Trade financing
  • Project / asset financing
  • Syndication / loan arrangement
  • Revolving credit

2. Consultancy and advisory services relating to corporate finance
  • Mergers and acquisitions
  • Initial Public Offerings
  • Capital restructuring
  • Dealing in securities

3. Performing securities trading
  • Derivatives
  • Hedging
  • Foreign Exchange
  • Treasury / government bonds
  • Unit trusts
  • Funds
  • Listings of financial instruments on Labuan International Financial Exchange
  • Proprietary trading
  • Issuance of financial products for sale

4. Consultancy and advisory services relating to investment matters
  • Private banking
  • Wealth management for High-Net-Worth Individuals (HNWIs)
  • Portfolio fund management of sovereign wealth funds, pensions, and corporations

5. Labuan Islamic investment banking business, if Shariah compliant.

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