The objectives of Labuan FSA include the following:
- To promote and develop Labuan as an international centre for business and financial services;
- To develop national objectives, policies and priorities for the orderly development and administration of international business and financial services in Labuan; and
- To act as the central regulatory, supervisory and enforcement authority of the international business and financial services industry in Labuan.
Labuan FSA’s key role is to license and regulate licensed entities operating within Labuan IBFC and to ensure all such entities remain in compliance with the internal and international best standards adopted by the jurisdiction. Labuan FSA also develops policies for the orderly conduct of business and financial services in Labuan IBFC.