Happy New Year!
Here’s hoping you had a restful break, ready to embrace 2017 with open arms!
We are certain that the new year will bring about its own set of opportunities and challenges for us – especially as the jurisdiction moves towards the required level of transparency under various initiatives.
Being the perpetual optimist, I believe these changes will provide business opportunities for a substance-enabling jurisdiction, like Labuan IBFC, to thrive.
This month’s feature article discusses these new norms. We hope it will provide a good overview of this global move towards greater transparency.
Without a doubt, substance and transparency will be our key words in 2017!
We wish everyone a prosperous Chinese New Year!
Danial Mah Abdullah
CEO, Labuan IBFC