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International Tax Developments: Impact on Global Financial Centres

Global tax laws are continuously evolving, impacting global financial centres as well as business activities of companies conducting cross border businesses and presenting them with critical challenges to overcome. Therefore, an understanding of key tax considerations and their implications are essential for companies to map out effective tax strategies that will ensure tax compliance, efficiency and facilitate sound business decisions.

Join us on this webinar, where speakers from PwC Malaysia will dive into recent and upcoming global tax developments impacting global financial centres including Labuan IBFC, share insights on how these developments have changed and emerging trends that will shape the global tax landscape. Key points of discussion will include Base Erosion and Profit Shifting (BEPS) measures and the advancement into BEPS 2.0, and other current developments.

This will be followed by a panel discussion where participants will have the opportunity to raise their questions.

Register now to secure an opportunity to learn and seek advice from our distinguished panel of speakers on Wednesday, 23 September at 4.00PM (GMT +8).


    Farah Jaafar-Crossby is the Chief Executive Officer of Labuan IBFC Incorporated Sdn Bhd (LIBFC Inc.), the official promotion and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) since January 2018. She brings with her more than 20 years of experience in capital markets and the wholesale financial services sector, putting her in good stead to promote Labuan IBFC as the preferred midshore jurisdiction in Asia Pacific.

    Farah was formerly attached to the Asian Institute of Finance and Bursa Malaysia, where she was involved in senior market development and strategic communications roles. She also managed the Association of Stock Broking Companies Malaysia, the industry lobby group representing Malaysian stockbrokers, allowing her a unique insight and hands on experience with issues surrounding multiple stakeholder management. Farah has a LLB (Hons) from Sheffield University, United Kingdom.


    Aurobindo has over 25 years of experience in tax consulting, research, training and policy initiatives for multinational enterprises (“MNEs”) and tax authorities. His focus is primarily on consulting assignments in the multinational enterprise and Government space. His client portfolio includes companies in the energy and power industries, utilities and telecommunications.

    His experience includes corporate tax planning, restructuring exercises, tax audits and investigations. He has worked with various MNEs and tax authorities on issues involving tax treaties, permanent establishments, cross border transactions, anti-abuse provisions, etc.

    He has also worked extensively with authorities in the Asia-Pacific region including the Malaysian Ministry of Finance, Inland Revenue Board of Malaysia (IRB), Malaysian Industrial Development Authority, Malaysia Digital Economy Corporation and Labuan Financial Services Authority on the development of tax policies and legislation.


    Jennifer is presently a Partner who heads the Financial Services Group of PricewaterhouseCoopers Taxation Services Sdn Bhd. She also functions as the Islamic Finance Tax Leader for PwC in Asia.

    Jennifer has extensive tax experience of nearly 30 years both in Malaysia and Australia. Her experience in Malaysia includes advising clients on tax matters relating to income tax, real property gains tax, stamp duty, service tax, applicable tax incentives and double tax treaties. She has also been extensively involved in numerous financial services and property clients and assignments as well as structured finance, mergers and acquisitions and restructuring.

    Jennifer speaks regularly at public seminars on taxation of the financial services industry including property sector, Islamic banking, asset backed securitisation, International Tax, Labuan, etc.
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