Labuan Financial Services Authority Act 1996

E853064

Malaysian federal statute

The Labuan Financial Services Authority Act 1996 is the Malaysian statute that establishes and governs the powers, functions, and regulatory framework of the Labuan Financial Services Authority as the regulator of Labuan’s international business and financial services sector.

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All labels observed (2)

Label	Occurrences
Labuan Financial Services Authority Act 1996 canonical	1
Labuan Financial Services and Securities Act	1

Statements (46)

Predicate	Object
instanceOf	Malaysian federal statute ⓘ
administeredBy	Labuan Financial Services Authority NERFINISHED ⓘ
appliesTo	Labuan International Business and Financial Centre NERFINISHED ⓘ Labuan banks ⓘ Labuan insurance and takaful entities ⓘ Labuan trust companies NERFINISHED ⓘ other Labuan licensed financial institutions ⓘ
country	Malaysia ⓘ
definesRoleOf	Labuan Financial Services Authority as regulator of Labuan IBFC ⓘ
empowers	Labuan Financial Services Authority to issue guidelines and regulations NERFINISHED ⓘ Labuan Financial Services Authority to license Labuan financial institutions NERFINISHED ⓘ Labuan Financial Services Authority to supervise Labuan financial institutions NERFINISHED ⓘ
enactedBy	Parliament of Malaysia NERFINISHED ⓘ
establishes	Labuan Financial Services Authority NERFINISHED ⓘ
field	banking regulation ⓘ capital markets regulation ⓘ financial law ⓘ insurance regulation ⓘ
governs	functions of the Labuan Financial Services Authority ⓘ powers of the Labuan Financial Services Authority ⓘ regulatory framework for Labuan financial services ⓘ
jurisdiction	Labuan NERFINISHED ⓘ
languageOfText	English ⓘ Malay ⓘ
legalStatus	in force ⓘ
legalSystem	common law ⓘ
objective	to ensure orderly and proper conduct of Labuan financial services ⓘ to promote and develop Labuan as an international business and financial centre ⓘ to protect and enhance the integrity of the Labuan financial system ⓘ
purpose	to establish the Labuan Financial Services Authority ⓘ to provide for the functions and powers of the Labuan Financial Services Authority ⓘ to regulate Labuan’s international business and financial services sector ⓘ
region	Federal Territory of Labuan NERFINISHED ⓘ
regulates	Labuan Financial Services Authority NERFINISHED ⓘ
regulatoryArea	international business and financial services in Labuan ⓘ
relatedTo	Labuan Companies Act 1990 NERFINISHED ⓘ Labuan Financial Services and Securities Act 2010 NERFINISHED ⓘ Labuan Islamic Financial Services and Securities Act 2010 NERFINISHED ⓘ
sector	international business services ⓘ offshore financial services ⓘ
shortTitle	Labuan Financial Services Authority Act 1996 NERFINISHED ⓘ
subjectMatter	financial regulation ⓘ international business regulation ⓘ supervision of Labuan financial institutions ⓘ
typeOfRegulation	market conduct regulation ⓘ prudential regulation ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Labuan Financial Services Authority → legalBasis → Labuan Financial Services Authority Act 1996 ⓘ

Labuan Island → governingAct → Labuan Financial Services Authority Act 1996 ⓘ

this entity surface form: Labuan Financial Services and Securities Act