Labuan IBFC continues to provide a fit-for-digital business structures to facilitate various digital financial-related business (DFS) in the Centre.
Applicants are welcome to engage with Labuan FSA to discuss your potential business propositions prior to submitting any applications. This would enable us to facilitate the proposed DFS activity and advise you on the relevant regulations depending on the nature of the business proposal.
Annual fee needs to be paid upon the grant of licence. The subsequent payment of annual fee is payable not later than 15 January of each year.
For the latest list of Labuan Digital Financial Service Providers, click here.
This list was updated on 18 Nov 2024 and does not reflect real-time data.
Labuan banking means the business of receiving deposits on current accounts, deposit accounts, savings accounts, and includes the investment banking business, Labuan financial business, Islamic banking business and such other transactions and terms and conditions as specified by Labuan FSA in any currency including Malaysian Ringgit where permitted by Bank Negara Malaysia.
Investment banking means the business of providing credit facilities and consultancy and advisory services relating to corporate and investment matters, including making investments on behalf of any person. Other activities include undertaking foreign exchange transactions, interest rate swaps, dealings in derivative instruments or derivative financial instruments or any other similar risk management activities.
Islamic banking is defined as a banking business that is in accordance with Shariah principles.
Organisations that meet the following minimum criteria may apply for a Labuan banking licence:
RM10 million or its equivalent in any other currency.
