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Labuan News




Labuan Attracts Captive Insurance Business

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 21, 2011

Its Chief Executive Officer David Kinloch has said that the attractions of the Labuan International Business and Financial Centre for captive insurance companies are increasingly being recognized, and the sector is expected to expand significantly next year. Read Full Story

 


Offshore Banking Body Rebrands

by Jason Gorringe, Tax-News.com, London

Monday, April 11, 2011

Having broadened its role as a representative on behalf of numerous offshore financial centres in issues pertaining to financial sector regulation and best standards, the Offshore Group of Banking Supervisors has decided to rebrand itself the 'Group of International Finance Centre Supervisors’. Read Full Story

 


Labuan And Mauritius Sign Regulatory MoU

by Mary Swire, LawAndTax-News.com, Hong Kong

Friday, April 30, 2010

It has been announced that the Labuan Financial Services Authority and the Financial Services Commission, Mauritius have signed a memorandum of understanding that will provide the basis for the two authorities to work together, particularly in the fields of regulation, investigation and enforcement. Read Full Story

 


Labuan's Offshore Centre Prospers

by Mary Swire, Tax-News.com, Hong Kong

Friday, April 30, 2010

The recently-published 2009 annual report of the Labuan Financial Services Authority showed substantial growth in all the key financial activities pursued in Labuan, despite the global economic recession during the period. Read Full Story

 

 

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