IBFC

Legacy Trustee Ltd Partners with Prominent Financial and Educational Collaborators in Labuan International Business and Financial Centre on Wealth Management Portfolio

Retrieved on: 
Wednesday, November 15, 2023

The wealth management involves some strategic management of financial assets, to achieve an individual and family financial goals.

Key Points: 
  • The wealth management involves some strategic management of financial assets, to achieve an individual and family financial goals.
  • As Labuan IBFC is a leading international business and finance centre that offers a wide range of financial products and services, including the new in demand wealth management mechanism named Labuan Foundations.
  • The Malaysian government, through Labuan Financial Services Authority ("Labuan FSA"), having a wide array of financial products and services, and skilled workforce, is committed to developing Labuan as a world-class sustainable financial centre.
  • He added, "Today's MoU symbolises our commitment to enrich wealth management, estate planning, and cross-financial institutional and legacy academy collaborations.

Labuan IBFC Clinches Global Accolade For Top International Captive Domicile 2021 At The European Awards

Retrieved on: 
Wednesday, November 10, 2021

KUALA LUMPUR, Malaysia, Nov. 10, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) has been honoured as the winner for International Captive Domicile of 2021 at the European Captive Review Awards held in Luxembourg by leading global trade publication, Captive Review.

Key Points: 
  • Growth in European-based risk owners using cell captives in the domicile, along with continued growth in self-insurance incorporations, being the key success factors
    KUALA LUMPUR, Malaysia, Nov. 10,2021 /PRNewswire/ --Labuan International Business and Financial Centre (Labuan IBFC) has been honoured as the winner for International Captive Domicile of 2021 at the European Captive Review Awards held in Luxembourg by leading global trade publication, Captive Review.
  • "Labuan IBFC's captive insurance business has continued its upward trajectory in 2021.
  • This is the first time the jurisdiction has won the Top International Captive Domicile award at the European Captive Review Awards, having previously won the Best Asian Domicile for three years running at the Asian Captive Review Awards.
  • 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 to be Asia's Leading Digital-Based Financial Gateway with Islamic Finance Capabilities

Retrieved on: 
Friday, October 22, 2021

KUALA LUMPUR, Malaysia, Oct. 22, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a facilitator of Asia's digital revolution, a key driver of the centre's success in recent years.

Key Points: 
  • Labuan Financial Services Authority (Labuan FSA) - the jurisdiction's regulator provides an innovative licensing regime to support this evolving digital financial landscape.
  • He added: "Labuan IBFC is envisioned to become a digital-based gateway with Islamic finance capabilities for all global investors and players as the future of Islamic finance looks ever promising.
  • The digital transformation in Islamic finance positively contributes to the evolution and innovation of Islamic financial products and services in a rapid tone."
  • This could further expand Islamic finance development across emerging markets while building connectivity with wider Islamic finance industry."

Labuan IBFC Shortlisted for 'International Captive Domicile 2021' for Second Consecutive Year

Retrieved on: 
Thursday, October 14, 2021

KUALA LUMPUR, Malaysia, Oct. 14, 2021 /PRNewswire/ -- Leading global trade publication, Captive Review has recently shortlisted Labuan International Business and Financial Centre (Labuan IBFC) as 'International Domicile' for the European Captive Review Awards 2021. Labuan IBFC is the only jurisdiction from Asia to be shortlisted in this category, alongside other leading global domiciles; cementing Labuan IBFC's growing recognition in Europe.

Key Points: 
  • KUALA LUMPUR, Malaysia, Oct. 14, 2021 /PRNewswire/ -- Leading global trade publication, Captive Review has recently shortlisted Labuan International Business and Financial Centre (Labuan IBFC) as 'International Domicile' for the European Captive Review Awards 2021.
  • Labuan IBFC is the only jurisdiction from Asia to be shortlisted in this category, alongside other leading global domiciles; cementing Labuan IBFC's growing recognition in Europe.
  • It is worth noting that Labuan IBFC has won the Best Asian Domicile for three years running at the Asian Captive Review Awards.
  • Established in 1990, Labuan IBFC is regulated by the Labuan Financial Services Authority (Labuan FSA), statutory Regulator under the purview of the Ministry of Finance, Malaysia.