Thursday 4 March 2010

Acts which have recently come into force.

· Labuan Limited Partnerships And Limited Liability Partnerships Act 2010 (Act 707)

· Labuan Foundations Act 2010 (Act 706)

· Labuan Islamic Financial Services And Securities Act 2010 (Act 705)

· Labuan Financial Services And Securities Act 2010 (Act 704)


These Acts provide the framework for the setting up of new structures i.e. the Labuan Foundations, Labuan Limited Partnerships and Labuan Limited Liability Partnerships as well as the introduction of changes to the Labuan Islamic Financial Services and Securities, designed to reflect the developments in the global financial services sector.

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