This proverb couldn’t be more evocative against the backdrop of today’s ever-present global trade war. As major economies inflict tariffs upon tariffs on each other, smaller economies feel the aftershock from these actions, especially in their economic growth.

From their inception half a decade ago, captives have played a key role in helping companies mitigate and contain business risks. But with the rapid and disruptive change in the digital age, captives can play a strategic role in driving Asia’s business growth

Labuan Financial Services Authority (Labuan FSA) has imposed business restriction on the following Labuan Licensed Entities pursuant to section 193 of the Labuan Financial Services and Securities Act 2010 for non-compliance to minimum capital and/or other regulatory requirements.