How We Regulate
Our Functions
Labuan FSA has been entrusted with the following functions:
1
To administer, enforce, carry out and give effect to the provisions of the Labuan IBFC laws;
2
To exercise, discharge and perform such powers, duties and functions in accordance with the laws;
3
To maintain the good reputation of Labuan IBFC as an international business and financial centre;
4
To carry out research and commission studies on financial services in Labuan IBFC;
5
To make recommendations for the creation and improvement of facilities to enhance the attraction of Labuan IBFC as a centre for financial services;
6
To collaborate with Labuan financial institutions and industry associations in advancing the development and growth of businesses and financial services in Labuan IBFC;
7
To advise and make recommendations to the government on matters relating to financial services in Labuan IBFC; and
8
To carry out all such activities and undertaken measures to enable appropriate administration of the Authority, or for other purposes as mandated by the Minister.
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