Growth Brings Greater Responsibilities And Compliance

Labuan IBFC has made changes to ensure an uninterrupted history of compliance, commitment to
international standards key to the jurisdiction's and to Malaysia's reputation.

Global financial centres have been under the public spotlight since the Global Financial crisis of 2008, a decade on, fundamental changes are still being introduced to conform to the global requirements for higher transparency and substance creation. For Labuan International Business and Financial Centre (Labuan IBFC), the levelling of the "international playing field" and the shrinking of regulatory arbitrage has meant that its inherent proposition as a Asian-based cost-efficient, substance-enabling midshore jurisdiction has come of age.