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Leasing

Labuan leasing is defined as the business of letting or sub-letting property on hire for the purpose of the use of such property by the hirer, regardless whether the letting is with or without an option to purchase the property, including charters of ships.

Property includes any plant, machinery, equipment or other chattel attached or to be attached to the earth, and charters of ships means bareboat charters only and does not include the transportation of passengers, cargo by sea or the charter of ships on a voyage or time charter basis.

Leasing businesses could be transacted via conventional means or in accordance with Shariah principles.
key highlights
13 new leasing companies

  • 52 new subsequent transactions were approved in 2020, of which majority were for the oil and gas sector
  • New assets leased to the oil and gas sector grew 196.5% to USD1.5 billion in 2020

  • Application Requirements
  • Operational Requirements
  • Fees
  • Application Requirements

    An applicant is required to submit an application of which the submission should include the following:

    1. A business plan detailing the operations of the applicant and the nature of the leasing transactions, including whether they would be conducted with residents or non-residents
    2. Group corporate shareholding structure
    3. Diagram of leasing transaction
    4. The composition of the board of directors for the proposed leasing company; and
    5. Any other information that may be relevant to the application.

  • Operational Requirements

    1. Have sufficient and positive capital or working funds which commensurates with the Labuan leasing business3 at all times. Labuan FSA may exercise its discretion to require a Labuan leasing company to inject additional capital, taking into account its business profile as well as nature, scale, complexity and diversity of their business activities.
    2. Ensure that the directors and officers responsible for the management of the company meet the Fit and Proper Person requirements as specified in the Guidelines on Fit and Proper Requirements issued by Labuan FSA.
    3. Establish an adequate set of internal policies and controls for its operations, compliances, corporate governance and risk management. These need to be regularly reviewed to ensure that they remain appropriate, relevant and prudent.
    4. Ensure that all its leased assets are adequately insured. In this regard, Labuan leasing companies are encouraged to primarily secure the insurance coverage for their leased assets/properties from Labuan-based insurance companies and takaful operators prior to securing the services of other insurance players elsewhere. For this purpose, the requirement of paragraph 12 would need to be observed prior to entering into such insurance arrangement.
    5. Maintain adequate and proper records and books of accounts in Labuan in line with the Directive on Accounts and Record-keeping Requirement for Labuan Entities issued by Labuan FSA. Its name and company number must be clearly indicated on its letterhead, stationery and other documents.
    6. Maintain bank account(s) under its name preferably in Labuan IBFC and/or Malaysia to facilitate the leasing operations including any lease remittances/lease rental payment transactions.
    7. The lease agreement shall be stamped and endorsed by the Collector of Stamp Duties, at the Stamp Duty Office of Inland Revenue Board of Malaysia, Labuan branch.
    8. Ensure that all leasing transactions with any of its related party are conducted at arm’s length basis and are subjected to the transfer pricing rules and guidelines issued by the relevant authorities.
    9. Obtain prior approval from Labuan FSA for: 
       (i) each new and subsequent leasing transactions. In this regard, no leasing transaction shall be undertaken prior to Labuan FSA’s approval;

       (ii) establishment of office outside Labuan and establishment or acquisition of subsidiary;

       (iii) change of lessee and leased asset;

      (iv) change of shareholders of more than ten per centum; and

       (v) appointment of directors. 
    10. Notify Labuan FSA within 30 days pertaining to the following matters:

       (i) resignation of directors;

       (ii) any change of information with regard to the place of business or office in Labuan;

       (iii) any changes to the constituent documents and business plan which is not tantamount to the change of lessee and leased asset. This may include the change of its company name; and

       (iv) termination / extension of any leasing transactions.

    11. The Labuan leasing company has to establish substantial activities and perform strategic functions in Labuan. In this regard, the substance requirements should include but not limited to the following factors:

       (i) Physical presence: Maintain an operational office in Labuan. The operational office should be used for business purposes only and must be appropriately furnished with office equipments4;

      (ii) Key leasing activities: The core income generating activities are expected to be carried out from the Labuan office. Typically, the activities may include identifying and acquiring of assets to be leased, negotiating leasing terms, soliciting lessees, management of leased assets and financing the acquisition of assets;

       (iii) Employment: Have adequate number of full-time employees with necessary qualification, skills or experiences in the relevant fields related to the leasing business3; and

      (iv) Annual business spending: Have incurred adequate business spending in Malaysia including Labuan in undertaking the Labuan leasing business3.

    12. Comply with applicable laws, rules and regulations relevant to the leasing business, including relevant guidelines issued by Labuan FSA and regulatory requirements of the jurisdictions where Labuan leasing business is authorised to operate in (where applicable). Labuan leasing company is expected to obtain necessary approvals from the relevant authorities in the market it intends to operate prior to commencing its business in those respective markets and provide a copy of the approvals to Labuan FSA.

      ___________________________________

      3 Considerations shall include but not limited to the following factors:
      (i) volume of the business;
      (ii) value of the asset leased; and
      (iii) leasing arrangement, i.e. operating or finance lease.

      4 For a group with more than one Labuan leasing companies may share the same office.

  • Fees

    The annual licence fee and approval fee for each subsequent leasing transaction are payable to Labuan FSA to undertake a Labuan leasing business dealing with Malaysian resident and non-resident. Pursuant to Section 189 of LFSSA and Section 150 of LIFSSA, the payment of annual licence fee is payable latest by 15 January of each year.

    Type of fees
    Amount
    Annual Fee
    RM 60,000
    Each Subsequent Leasing Transaction
    RM 20,000
  • Application Requirements

    An applicant is required to submit an application of which the submission should include the following:

    1. A business plan detailing the operations of the applicant and the nature of the leasing transactions, including whether they would be conducted with residents or non-residents
    2. Group corporate shareholding structure
    3. Diagram of leasing transaction
    4. The composition of the board of directors for the proposed leasing company; and
    5. Any other information that may be relevant to the application.

  • Operational Requirements

    1. Have sufficient and positive capital or working funds which commensurates with the Labuan leasing business3 at all times. Labuan FSA may exercise its discretion to require a Labuan leasing company to inject additional capital, taking into account its business profile as well as nature, scale, complexity and diversity of their business activities.
    2. Ensure that the directors and officers responsible for the management of the company meet the Fit and Proper Person requirements as specified in the Guidelines on Fit and Proper Requirements issued by Labuan FSA.
    3. Establish an adequate set of internal policies and controls for its operations, compliances, corporate governance and risk management. These need to be regularly reviewed to ensure that they remain appropriate, relevant and prudent.
    4. Ensure that all its leased assets are adequately insured. In this regard, Labuan leasing companies are encouraged to primarily secure the insurance coverage for their leased assets/properties from Labuan-based insurance companies and takaful operators prior to securing the services of other insurance players elsewhere. For this purpose, the requirement of paragraph 12 would need to be observed prior to entering into such insurance arrangement.
    5. Maintain adequate and proper records and books of accounts in Labuan in line with the Directive on Accounts and Record-keeping Requirement for Labuan Entities issued by Labuan FSA. Its name and company number must be clearly indicated on its letterhead, stationery and other documents.
    6. Maintain bank account(s) under its name preferably in Labuan IBFC and/or Malaysia to facilitate the leasing operations including any lease remittances/lease rental payment transactions.
    7. The lease agreement shall be stamped and endorsed by the Collector of Stamp Duties, at the Stamp Duty Office of Inland Revenue Board of Malaysia, Labuan branch.
    8. Ensure that all leasing transactions with any of its related party are conducted at arm’s length basis and are subjected to the transfer pricing rules and guidelines issued by the relevant authorities.
    9. Obtain prior approval from Labuan FSA for: 

       (i) each new and subsequent leasing transactions. In this regard, no leasing transaction shall be undertaken prior to Labuan FSA’s approval;

       (ii) establishment of office outside Labuan and establishment or acquisition of subsidiary;

       (iii) change of lessee and leased asset;

      (iv) change of shareholders of more than ten per centum; and

       (v) appointment of directors. 

    10. Notify Labuan FSA within 30 days pertaining to the following matters:

       (i) resignation of directors;

       (ii) any change of information with regard to the place of business or office in Labuan;

       (iii) any changes to the constituent documents and business plan which is not tantamount to the change of lessee and leased asset. This may include the change of its company name; and

       (iv) termination / extension of any leasing transactions.

    11. The Labuan leasing company has to establish substantial activities and perform strategic functions in Labuan. In this regard, the substance requirements should include but not limited to the following factors:

       (i) Physical presence: Maintain an operational office in Labuan. The operational office should be used for business purposes only and must be appropriately furnished with office equipments4;

      (ii) Key leasing activities: The core income generating activities are expected to be carried out from the Labuan office. Typically, the activities may include identifying and acquiring of assets to be leased, negotiating leasing terms, soliciting lessees, management of leased assets and financing the acquisition of assets;

       (iii) Employment: Have adequate number of full-time employees with necessary qualification, skills or experiences in the relevant fields related to the leasing business3; and

      (iv) Annual business spending: Have incurred adequate business spending in Malaysia including Labuan in undertaking the Labuan leasing business3.

    12. Comply with applicable laws, rules and regulations relevant to the leasing business, including relevant guidelines issued by Labuan FSA and regulatory requirements of the jurisdictions where Labuan leasing business is authorised to operate in (where applicable). Labuan leasing company is expected to obtain necessary approvals from the relevant authorities in the market it intends to operate prior to commencing its business in those respective markets and provide a copy of the approvals to Labuan FSA.

      ___________________________________

      3 Considerations shall include but not limited to the following factors:
      (i) volume of the business;
      (ii) value of the asset leased; and
      (iii) leasing arrangement, i.e. operating or finance lease.

      4 For a group with more than one Labuan leasing companies may share the same office.

  • Fees

    The annual licence fee and approval fee for each subsequent leasing transaction are payable to Labuan FSA to undertake a Labuan leasing business dealing with Malaysian resident and non-resident. Pursuant to Section 189 of LFSSA and Section 150 of LIFSSA, the payment of annual licence fee is payable latest by 15 January of each year.

    Type of fees
    Amount
    Annual Fee
    USD20,000
    Each Subsequent Leasing Transaction
    USD6,000
Governing Legislation, Related Guidelines and Circulars
For the latest governing legislation, related guidelines and circulars, please go to labuanfsa.gov.my
List of Labuan Leasing Companies

For the latest list of Labuan Leasing Companies, click here.
This list was updated on 17 Dec 2024 and does not reflect real-time data.
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  • N - P
  • Q - S
  • T - Z
List of Labuan Leasing Companies
  • A
  • B - E
  • F - I
  • J - M
  • N - P
  • Q - S
  • T - Z
  • 0 - 9
  • A

    • AAX LEASING EIGHT LTD.
    • AAX LEASING ELEVEN LTD.
    • AAX LEASING FIVE LTD.
    • AAX LEASING FOUR LTD.
    • AAX LEASING NINE LTD.
    • AAX LEASING ONE LTD.
    • AAX LEASING SEVEN LTD.
    • AAX LEASING SIX LTD.
    • AAX LEASING TEN LTD.
    • AAX LEASING THREE LTD.
    • AAX LEASING TWO LTD.
    • ABAN LABUAN PRIVATE LTD
    • Advance Alert Limited
    • AFO Assets Limited
    • AIRMARK ASIA ALPHA LTD
    • ALAM MARITIM (L) INC.
    • ALAM RADIANCE (L) INC.
    • Alam Swiber DLB 1 (L) Inc
    • ALAM SYNERGY I (L) INC.
    • ALAM SYNERGY II (L) INC.
    • ALAM SYNERGY III (L) INC.
    • Alam-JV DP1 (L) Inc.
    • Alam-JV DP2 (L) Inc.
    • ALAM-PE I (L) INC.
    • ALAM-PE II (L) INC.
    • ALAM-PE III (L) INC.
    • ALAM-PE IV (L) INC.
    • ALAM-PE V (L) INC.
    • Anggerik Labuan Limited
    • ANGKUTLAUT LTD.
    • ASB ASSETS (L) LTD
    • ASB MARINE OFFSHORE LTD
    • ASB Maritime Resources (L) Ltd
    • ASIA AVIATION CAPITAL LIMITED
    • Atlantic Aviation 10 (L) Bhd.
    • Atlantic Aviation 14 (L) Bhd.
    • Atlantic Aviation 18 (L) Bhd.
    • Atlantic Aviation 19 (L) Bhd.
    • Atlantic Aviation 20 (L) Bhd.
    • Atlantic Aviation 21 (L) Bhd.
    • Atlantic Aviation 25 (L) Bhd.
    • Avenir (L) Pte. Ltd.

  • B - E

    • Bahtera Sri Kandi Asset Ltd.
    • Bahtera Sri Kandi Offshore Ltd.
    • Bakawali Labuan Limited
    • BBR Shipping (L) Berhad
    • Berjaya Leasing (Labuan) Ltd.
    • BERLIAN McDERMOTT (L) Limited
    • BIG CHIEF (L) LTD.
    • Bumi Armada Navigation Labuan International Limited
    • Bumi Armada Navigation Labuan Limited
    • Bumi Subsea Labuan Limited
    • Cable Maintenance Offshore Limited
    • CALC Aviation Assets Limited
    • CALC Aviation Capital Limited
    • CALC Dua Limited
    • CALC Enam Limited
    • CALC Lima Limited
    • CALC Satu Limited
    • CALC Sembilan Limited
    • CALC Tujuh Limited
    • CES Hydro Power (SL) Limited
    • Chailease International Financial Services (Labuan) Co., Ltd.
    • CHC Labuan Inc.
    • China Aircraft Leasing Company Limited
    • CNN Capital (L) Bhd
    • Coastal Offshore (Labuan) Pte Ltd
    • Coastal Offshore Venture Pte Ltd
    • Daya Global 1 Limited
    • Daya Global 2 Limited
    • Daya Vessels Limited
    • EAST ASIA MARINETEAM LIMITED
    • EK Offshore (L) Bhd.
    • Emas Offshore (Labuan) Bhd
    • Emas Victoria (L) Bhd
    • ENRA SPM Labuan Limited

  • F - I

    • Fast Offshore Malaysia Inc.
    • Flyglobal (Labuan) Ltd
    • FPF005 Limited
    • FTAI IES Pioneer Ltd.
    • FTAI Pride Labuan Ltd
    • Gading Sari Aviation Services Ltd.
    • Galaxy Ltd
    • GAS ASIA TERMINAL (L) PTE. LTD.
    • GH Voyager (Labuan) Limited
    • GRAZIE FORTUNE GROUP INC
    • GSP Magellan Limited
    • Gumusut-Kakap Semi-Floating Production System (L) Limited
    • Hereford Investment Inc.
    • HEVILIFT (L) BHD
    • Hilong Oil Service Ltd
    • HUMMINGBIRD ENERGY (L) INC
    • Icon Azra (L) Inc.
    • Icon Biru 1 (L) Inc.
    • Icon Biru 2 (L) Inc.
    • Icon Corridor (L) Inc.
    • Icon Dahan 1 (L) Inc.
    • Icon Dahan 2 (L) Inc.
    • Icon Dawai (L) Inc.
    • Icon Gaya (L) Inc.
    • Icon Huma (L) Inc.
    • Icon Ikhlas (L) Inc.
    • Icon Kayra (L) Inc.
    • Icon Lotus (L) Inc.
    • Icon Ocean (L) Inc
    • Icon Piai 1 (L) Inc.
    • Icon Piai 2 (L) Inc.
    • Icon Pinang 1 (L) Inc.
    • Icon Pinang 2 (L) Inc.
    • Icon Pinang 3 (L) Inc.
    • Icon Pinang 4 (L) Inc.
    • Icon Puteri 1 (L) Inc.
    • Icon Puteri 2 (L) Inc.
    • Icon Samudera (L) Inc.
    • Icon Sari (L) Inc.
    • Icon Sophia (L) Inc.
    • Icon Tigris (L) Inc.
    • Icon Waja (L) Inc
    • Icon Zara (L) Inc.
    • IDS Cahaya Ltd
    • INTAN OFFSHORE (L) LTD

  • J - M

    • JM GLOBAL 1 (LABUAN) PLC
    • JM GLOBAL 2 (LABUAN) PLC
    • JM GLOBAL 3 (LABUAN) PLC
    • JM GLOBAL 4 (LABUAN) PLC
    • JP88 Ltd.
    • KDAC Aircraft Leasing (Labuan) Limited
    • Kelip-Kelip II Labuan Limited
    • Kelip-Kelip III Labuan Ltd
    • KELIP-KELIP LABUAN LIMITED
    • KIM HENG MARINE LABUAN LIMITED
    • KOTA LAKSAMANA 101 LTD
    • KSS Engineering Ltd
    • Lavender Leasing One Limited
    • Lavender Leasing Two Limited
    • Liannex Marine Limited
    • Liannex Port Services Limited
    • LUNDIN SERVICES LIMITED
    • MAB Leasing Limited
    • MAERSK DRILLING LABUAN LTD
    • Malaysia Airlines A330 Capital Labuan Limited
    • Malaysia Airlines B738 Capital Labuan Limited
    • Malaysia Airlines B738 II Capital Labuan Limited
    • MALAYSIA AIRLINES CAPITAL (L) LIMITED
    • Malaysia Airlines Capital II (L) Limited
    • Malaysia Airlines Capital III (L) Limited
    • Malaysia Airlines Capital IV (L) Limited
    • MALAYSIA DEEPWATER FLOATING TERMINAL (KIKEH) LIMITED
    • Malaysia Offshore Mobile Production (Labuan) Ltd
    • Malaysia Vietnam Offshore Terminal (L) Limited
    • Malindo Air Leasing (L) Bhd
    • Mapleleaf International Ltd.
    • MARINE 1 (L) INC.
    • Marine Equipment Charter Co. Asia Inc.
    • MBf Carpenters Leasing Limited
    • MCSB (LABUAN) LTD
    • Mekar Bergading Offshore Floating (L) Limited
    • MERAH EMPATBELAS LIMITED
    • MG Labuan 1 Ltd.
    • MICLYN EXPRESS OFFSHORE (L) BHD
    • MISC OFFSHORE FLOATING TERMINALS (L) LIMITED
    • MISC Offshore Floating Terminals Dua (L) Limited
    • Mount Santubong Ltd
    • Muhibbah International Labuan Ltd
    • MUHIBBAH OFFSHORE SERVICES LTD.
    • Mulia Samudera (L) Berhad

  • N - P

    • Nabors Drilling (Labuan) Corporation
    • Nam Cheong (Labuan) Ltd.
    • NAM CHEONG INTERNATIONAL LTD
    • Nam Cheong OSV Ltd
    • Nam Cheong Venture Ltd
    • NEPTUNE AVIATION LTD.
    • Noble Drilling Offshore (Labuan) Pte. Ltd.
    • NOR OFFSHORE (LABUAN) PTE LTD
    • NORA LIMITED
    • NORTHERN OFFSHORE LEASING LIMITED
    • NPS Energy Oilfield Supplies Ltd.
    • OCEAN MARINE LTD
    • Ocean Peak (Labuan) Limited
    • OCEANLINE (LABUAN) LTD
    • OFFSHORE DISCOVERY (LABUAN) LTD
    • OFFSHORE SOLUTIONS (L) BHD
    • Offshore Support Vessels 19 Ltd
    • Oilfield Equipment Rental (L) Bhd.
    • Omni Emery (L) Inc.
    • OMNI FLOTILLA (L) INC.
    • Omni Marissa (L) Inc.
    • OMNI OFFSHORE (L) INC.
    • OMNI STELLA (L) INC.
    • Omni Victory (L) Inc.
    • Optic Marine Asia Limited
    • Optic Marine Maintenance Limited
    • PACIFIC LTD
    • Paragon Offshore (Labuan) Pte. Ltd.
    • Pearl Marine Pte. Ltd.
    • Pelayaran New Era (L) Berhad
    • Pelican Offshore Malaysia Corp
    • PERDANA EARTH LTD
    • Perdana Mars Ltd
    • PERDANA NEPTUNE LIMITED
    • PERDANA PLUTO LIMITED
    • PERDANA SATURN LIMITED
    • PERISAI PACIFIC 101 (L) INC.
    • PERKASA ASIA CORPORATION LTD
    • Permata Bentara (L) Ltd.
    • PHOENIX ASIA LTD
    • PTSC Labuan Company Limited

  • Q - S

    • Nabors Drilling (Labuan) Corporation
    • Nam Cheong (Labuan) Ltd.
    • NAM CHEONG INTERNATIONAL LTD
    • Nam Cheong OSV Ltd
    • Nam Cheong Venture Ltd
    • NEPTUNE AVIATION LTD.
    • Noble Drilling Offshore (Labuan) Pte. Ltd.
    • NOR OFFSHORE (LABUAN) PTE LTD
    • NORA LIMITED
    • NORTHERN OFFSHORE LEASING LIMITED
    • NPS Energy Oilfield Supplies Ltd.
    • OCEAN MARINE LTD
    • Ocean Peak (Labuan) Limited
    • OCEANLINE (LABUAN) LTD
    • OFFSHORE DISCOVERY (LABUAN) LTD
    • OFFSHORE SOLUTIONS (L) BHD
    • Offshore Support Vessels 19 Ltd
    • Oilfield Equipment Rental (L) Bhd.
    • Omni Emery (L) Inc.
    • OMNI FLOTILLA (L) INC.
    • Omni Marissa (L) Inc.
    • OMNI OFFSHORE (L) INC.
    • OMNI STELLA (L) INC.
    • Omni Victory (L) Inc.
    • Optic Marine Asia Limited
    • Optic Marine Maintenance Limited
    • PACIFIC LTD
    • Paragon Offshore (Labuan) Pte. Ltd.
    • Pearl Marine Pte. Ltd.
    • Pelayaran New Era (L) Berhad
    • Pelican Offshore Malaysia Corp
    • PERDANA EARTH LTD
    • Perdana Mars Ltd
    • PERDANA NEPTUNE LIMITED
    • PERDANA PLUTO LIMITED
    • PERDANA SATURN LIMITED
    • PERISAI PACIFIC 101 (L) INC.
    • PERKASA ASIA CORPORATION LTD
    • Permata Bentara (L) Ltd.
    • PHOENIX ASIA LTD
    • PTSC Labuan Company Limited

  • T - Z

    • Techvance Marine Services Ltd.
    • Teras Atlas Limited
    • Teras Fortuna Limited
    • Teras Orizont Limited
    • TIME RINA INTERNATIONAL LTD.
    • TMD STRAITS LTD
    • TMD STURGEON LTD
    • Trans Offshore Solutions (L) Ltd.
    • Uzma (Labuan) Ltd.
    • Vantage Drilling Labuan I Ltd.
    • Velesto Drilling 2 (L) Ltd. (formerly known as UMW Drilling 2 (L) Ltd)
    • Velesto Drilling 3 (L) Ltd. (formerly known as UMW Drilling 3 (L) Ltd)
    • Velesto Drilling 4 (L) Ltd. (formerly known as UMW Drilling 4 (L) Ltd)
    • Velesto Drilling 5 (L) Ltd. (formerly known as UMW Drilling 5 (L) Ltd)
    • Velesto Drilling 6 (L) Ltd. (formerly known as UMW Drilling 6 (L) Ltd)
    • Velesto Drilling 7 (L) Ltd. (formerly known as UMW Drilling 7 (L) Ltd)
    • Velesto Drilling 8 (L) Ltd. (formerly known as UMW Drilling 8 (L) Ltd)
    • VIETNAM OFFSHORE FLOATING TERMINAL (RUBY) LTD.
    • WCM INVESTMENT LIMITED
    • WorldMax International Limited
    • Yinson Lavender Limited
    • YINSON TULIP LTD.

  • 0 - 9
    • 4XHUB Limited
  • A
  • B - E
  • F - I
  • J - M
  • N - P
  • Q - S
  • T - Z
Search for Labuan Companies

For company search, please click on the link provided : https://www.lfsacoral.gov.my/reefs/
Find Labuan Banks and Investment Banks here

View List of Banks

FAQs
  • 1. What is Labuan banking?

    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.

  • 2. What is investment banking?

    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.

  • 3. What is Islamic banking?

    Islamic banking is defined as a banking business that is in accordance with Shariah principles.

  • 4. Who may apply for Labuan banking licence?

    Organisations that meet the following minimum criteria may apply for a Labuan banking licence:

    • Must be a bank or financial institution
    • Possesses a sound track record
    • Accorded a good credit rating by acceptable rating agencies
    • Supervised by a competent regulatory authority; and
    • Conforms to generally accepted standards of international banking practices or the Bank for International Settlements (BIS).

  • 5. What is the minimum working minimum fund for an investment bank?

    RM10 million or its equivalent in any other currency.

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