Labuan FSA Participates in IFCTF 2026

Labuan FSA participated in the 16th International Conference on Financial Crime and Counter-Terrorism Financing (IFCTF) 2026 at the Kuala Lumpur Convention Centre, jointly hosted by the Asian Institute of Chartered Bankers (AICB) and Compliance Officer Networking Group (CONG), with support from Bank Negara Malaysia, Labuan FSA and Securities Commission Malaysia. Mr. Affendi Rashdi, Director General of Labuan FSA, attended the opening ceremony.
During the conference, Ms. Essah Abd Manaf, Head of AML Policy, Risk Monitoring & Surveillance, shared perspectives on strengthening Malaysia’s AML/CFT/CPF framework beyond MER 2025, particularly beneficial ownership transparency and cross-border transactions. Meanwhile, Mr. Abu Lokmanulhakim Abu Bakar, Head of AML & NLE Supervision, highlighted the importance of outcome-focused, risk-based supervision, supported by data, technology and collaboration in enhancing financial crime prevention within Labuan IBFC. Labuan FSA’s participation reaffirmed its continued commitment to strengthening regulatory effectiveness, financial integrity and industry collaboration.


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