Continued growth across the board in 2018, entrenching Labuan IBFC’s role as Asia’s preferred midshore business and financial centre.Continued growth across the board in 2018, entrenching Labuan IBFC’s role as Asia’s preferred midshore business and financial centre.Find out more in Labuan IBFC’s inaugural market report.- 12.5% growth in company incorporation
- 11.5% growth in trust and corporate service providers
- 19.1% growth in insurance premiums; 64.7% of which was foreign business
Latest HighlightS
19 June 2019
Fusang Exchange, Asia’s first fully licenced securities exchange focused on digital assets recently obtained its Securities Exchange approval in Labuan IBFC, Malaysia. Licensed under Part IX, Section 134 of the Labuan Financial Services and Securities Act 2010, Fusang plans to launch in the latter half of 2019, offering a platform for the primary listing of digital securities, listing of alternative assets and secondary-market trading of security tokens and cryptocurrencies.
27 May 2019
Labuan Financial Services Authority (Labuan FSA) advises members of the public to be careful when participating in investment schemes including internet investment schemes with individuals or entities, in particular schemes that promise unrealistically high returns. Prior to investing, members of the public should conduct proper due diligence including the necessary checks with the relevant authorities if there are any doubts regarding any schemes offered.
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