Asia’s Premier International Financial Hub

July 2019

INSIGHT

PLUS

Direct from Asia Pacific's Leading
Midshore Business and Financial Centre.

Direct from Asia Pacific's Leading Midshore Business and Financial Centre.

FEATURED
World’s first solution incorporating the concept of Islamic charitable endowment such as the Waqf Private Client Foundation ensures Labuan IBFC’s pole position

With its complete suite of Islamic wealth management structures and solutions, effective regulatory standards, a Shariah Supervisory Council (SSC) and facilitative business environment, Labuan IBFC is well-placed to cater to the needs of...


HIGHLIGHTS

Labuan International Business and Financial Centre (IBFC) and Tricor Group (Tricor) have signed a memorandum of understanding to strengthen development initiatives in China.​


The Fintech Association of Malaysia (FAOM) is in discussion with the relevant financial authorities of the Labuan financial centre in facilitating businesses onshore Malaysia and abroad to utilise the uniqueness of Labuan’s financial regulatory framework focusing on fintech startups, SMEs, growth and scaleable companies that seek to tap on foreign investments and funds.​



Fintech innovation has become a global trend and started to provide solutions to Islamic finance challenges.​

CEO'S MESSAGE

Dear All

No man is an island! Partnerships are the cornerstone of growth, and personally it gives me such pride to know we have such fantastic partners by our side, as Labuan IBFC continues to develop to its full potential.

So a personal word of gratitude to Tricor Asia, International Bureau of Fiscal Documentation, International Fiscal Association, Singapore Management University, Swiss Re Corporate Solutions, Japanese Risk Specialist, STEP Malaysia, STEP Mauritius, Japan Blockchain Association, Malaysian and Singapore Fintech Association as well as the many other partners we have had the pleasure of working alongside so far in 2019.The team and I appreciate your invaluable support and friendship!

Looking ahead, our sights are on the Trusts and Wealth Management Conference 2019, on 1-2 August, co-organised by the Singapore Academy of Law, the Centre for Cross-Border Commercial Law Asia, Singapore Management University, and the University of York with the support of Trust Law International.

Seats are filling up fast but there is still time to register for our flagship captive conference 2019 held in partnership with Swiss Re, “Adding Confidence to Captives: Managing Volatility via Self Insurance” on 7th August in Kuala Lumpur. I do hope to see you there, in the meantime hope you enjoy this edition.


Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc


EVENTS

9:00 AM - 5:00 PM
Singapore


READING LIST

The number of captive insurance companies writing third-party business is growing at a double-digit pace, according to a new report from Marsh.​


According to the EY Global FinTech Adoption Index 2019 (Index), 64 percent of digitally active consumers globally are now using fintech products and services – up from just 33 percent in 2017.​


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Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
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