Dear Readers
The recently announced Labuan IBFC 2018 industry performance,
clearly demonstrates that there is indeed a flight to quality
amongst users of IFCs and that we are still the preferred IFC in
Asia!
Boasting a raise of 12.5% growth in company incorporations and
an almost 20% growth in insurance premiums, these numbers are set
to rise even further supported by the 12% growth in the number of
corporate service providers setting up shop to offer our array of
structures and solutions. For details, download the report here.
March will also be marked as the month Labuan FSA and China
Banking and Insurance Regulatory Commission (CBIRC) signed an MoU
to foster greater cooperation. This signing is indeed timely
considering the growing Chinese interest in Labuan IBFC and as a
result we hope to welcome even more China based intermediaries and
users to the jurisdiction soon.
