Labuan money broking licence in Malaysia

About This Company

Holders of this authorisation cannot passport their permissions into foreign territories. All activities under the Labuan money broking licence remain domestic to Labuan International Business and Financial Centre. The Labuan Financial Services Authority, established in 1996 under the Labuan Financial Services Authority Act 1996, supervises the sector from its seat in Labuan. It acts as the central licensing, regulatory, supervisory, and enforcement authority for international financial services carried on in or from this Malaysian federal territory. Before signing purchase documents, a buyer should inspect the public directory to confirm the company's status. Users navigate the directory either by entering the entity's name into a search box or selecting money brokers from the 'BY LIST' dropdown. Finding the company listed under that heading demonstrates current authorization. Direct numeric queries by licence identifier are unavailable. Because underlying list data loads dynamically rather than embedded in HTML, independent manual confirmation on the site is required. Ownership changes also require formal review. Under LFSSA 2010 s.95(4) and s.107(6), banks and insurers require prior written approval for capital changes of 15% or more, indicating the Authority's regulatory focus.