Labuan IBFC Inc CEO, Farah Jaafar-Crossby talks about the upsides of China’s Belt and Road Initiative for Labuan IBFC.
The financial performance of Asia’s family-owned businesses is far superior to their peers in terms of growth and profitability, finds a recent report published by the Credit Suisse Research Institute (CSRI).
Despite the global cyber re/insurance market being dominated by the US, Asia is catching up with steady growth, fuelled by new regulations and increased understanding of cyber risk, according to global reinsurance brokerage Guy Carpenter.
Datuk Oh Chong Peng is the newly appointed Chairman of Labuan FSA effective from 16 October 2018 until 15 February 2020.
Labuan FSA has imposed business restriction on the following Labuan-licensed entities pursuant to section 193 of the Labuan Financial Services and Securities Act 2010 for non-compliance to minimum capital and/or other regulatory requirements.