Labuan, Malaysia: Assessment of the Supervision and Regulation of the Financial Sector—Review of Financial Sector Regulation and Supervision

READ MORE...
Volume/Issue: Volume 2004 Issue 391
Publication date: December 2004
ISBN: 9781451828313
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , ISCR , CR , securities industry , due diligence , legal system , public funds , Labuan IOFC , problem company , company compliance , terms and conditions , Labuan bank assets , insurance market , risk management , staff resource , company registrar , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Offshore financial centers , Insurance companies , Money laundering , Terrorism financing , North America , Europe , Asia and Pacific

Also of interest
Grenada
Peru
Nepal
Republic of Congo : 2001 Article IV
Summary

This Review of Financial Sector Regulation and Supervision in Labuan, Malaysia, highlights the supervisory and antimoney laundering frameworks. Labuan, an offshore financial center located in Malaysia, has all the essential elements for a suitable framework for financial supervision. Nonperforming loans are relatively high in the banking sector, and demand for credit has been soft. Securities and capital market activities in Labuan are still embryonic, and the supervisory regime for this sector will need to be fleshed out as business develops.

Powered by: AIDC