Media &
Investor Alert
For media contact details and an archive of press release, speeches and regulator updates.
NOTIFICATION: Business Restriction on Labuan Licensed Entities
NOTIFICATION
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.
Please be advised accordingly.
No.
Financial Institutions
License
1
Best Re (L) Limited
Insurance
2
PAIB Company Limited
Insurance Broker
3
Qays Re Global Limited
Insurance Broker
4
Saba Capital Inc.
Money Broker
5
Capital Hive Ltd
Fund Manager
6
Makasky Limited
Money Broker
7
Bullbell Limited
Money Broker
8
IRC Ltd.
Money Broker
9
Tradewinds Futures Limited
Money Broker
10
Ortega Capital Limited
Money Broker
11
ICE-FX Markets Limited
Money Broker
For further information, please contact:
Corporate Communication & External Relations Unit
Tel : 6087-591 200/215
Fax : 6087-428 200
Email: communication@labuanfsa.gov.my
Labuan Financial Services Authority
11 June 2019
Friends of
Labuan IBFC
