Labuan Financial Services Authority Malaysia

Cor l is an acronym for corporate online registry at labuan fsa.

Labuan financial services authority malaysia. List of labuan companies. The labuan international business and financial centre labuan ibfc was created as malaysia s only offshore financial hub in october 1990 and was operating under the name of labuan international offshore financial centre iofc. Labuan fsa is the statutory body responsible for the development and administration of the labuan international business and financial centre labuan ibfc. Marking 30 years since the inception of labuan as an international wholesale trade finance risk and asset intermediation centre labuan ibfc presents an exclusive interview with the director general of labuan fsa datuk danial mah abdullah.

Labuan financial services authority labuan fsa was established on 15 february 1996 under the labuan financial services authority act 1996. This is an online delivery system that promotes convenience and security to the users with real time access. The objectives of labuan fsa include the following. Discover the wide range of business and financial services available in labuan ibfc.

Similar to other jurisdictions including international financial centres labuan ibfc was assessed by the organisation of economic co operation and development oecd on its compliance to international tax standards and conformity to fiscal acceptable practices. Labuan fsa has invested in an online system since 2004 and committed to continuously improve its delivery system in support of the ever changing business environment. Financial services the diverse selection of labuan ibfc s financial products and services brings to investors a wealth of business opportunities covering the areas of banking insurance trust company business capital market wealth management and other labuan financial businesses. Communication on covid 19 labuan fsa is vigilantly monitoring the impact of covid 19 on the centre.