Insight Plus - February 2021

LI
Labuan IBFC Inc

Contributor

Labuan International Business and Financial Centre (Labuan IBFC), Malaysia, through our internationally recognised yet business-friendly legal framework, is the preferred international business and financial centre in Asia. Labuan IBFC is a midshore jurisdiction regulated by the Labuan Financial Services Authority (Labuan FSA), statutory Regulator under the purview of the Ministry of Finance, Malaysia
Happy Lunar New Year! The Ox, the animal sign for this lunar year is known to be tough and sturdy, both traits we will all need to meet the challenges from this pandemic
Malaysia Corporate/Commercial Law
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CEO'S MESSAGE

Dear Friends of Labuan,

Happy Lunar New Year! The Ox, the animal sign for this lunar year is known to be tough and sturdy, both traits we will all need to meet the challenges from this pandemic. So, here's hoping we all enjoyed the festivities, even if it was via a Zoom call, as we truly have much to be thankful for.

I hope you will make some time to read our article for the month, as it dissects a recent landmark ruling by the Federal Court of Malaysia reaffirming that Labuan FSA's Guidance carries the force of law for all matters relating to our financial centre.

Please also do join us on a panel we led at the 30th Edition of the World Captive Forum 2021, which for the first time will feature developments in the Asian captive landscape. This is the beauty of virtual events, as it now allows us a wider geographical reach, in this instance allowing Labuan IBFC exposure in the North America.

Please also register for our first ever webinar to be held in conjunction with International Women's Day on 8th March and features the leading women in Labuan IBFC. The webinar is entitled "The Women of Labuan IBFC: A Journey of Inclusion and Diversity". For more information and to register, please click here.

Until our next edition, I hope you stay safe and thankful.


Warmest Regards,
Farah
Chief Executive Officer, Labuan IBFC Inc.

ceo@libfc.com

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