Malaysia Labuan LFSA Currency Brokerage and Digital Currency License Application Guide

The Labuan Financial Services Authority of Malaysia is a statutory independent regulatory agency formally established on February 15, 1996 in accordance with the Labuan Financial Services Management Act 1996.. The core purpose of its establishment is to serve as the central regulatory and enforcement agency, Comprehensively promote Labuan to become a commercial and financial service center with international influence. in daily operations, The main responsibility of LFSA is to issue various financial licenses to companies in Labuan International Business and Financial Center (Labuan IBFC), and impose extremely stringent supervision on all licensed entities, Ensure that they do so both within the Labuan jurisdiction and when conducting cross-border business, Absolutely comply with the best domestic and international compliance practice standards.

货币经纪, 投资银行及自营交易的授权范围不同, 应按Labuan FSA现行定义和许可条件区分. 不能称纳闽是亚洲唯一STP许可, 也不以业务模式名称推导所有法定权限.

应分别按现行货币经纪和投资银行指南核对缴足资本, 财务资源和收费. 不能沿用旧版500,000林吉特货币经纪资本及把另一类机构的资产要求混为统一标准.

The reason why Labuan has become a popular option for digital asset institutions to go overseas, Its loose shareholding structure and excellent offshore tax policy are indispensable.. Regulations explicitly allow 100 percent foreign ownership, There is no need to tie up with local partners in Malaysia. at the tax level, Licensed institutions only need to pay a mere 3% corporate tax on their net profits that have been subject to strict annual audits.. besides, Businesses are paying interest, management fee, Enjoy zero withholding tax on royalties and technology royalties, and are legally exempted from all stamp duties, consumption tax, Import and export sales tax and capital gains tax, Greatly optimize the company's financial profit margins.

LFSA’s access review for digital currency traders is extremely stringent. In terms of financial qualifications, Applicants must provide proof of financial strength of at least US$200,000, And in fact, the collected capital must reach 500,000 ringgit in full.. In terms of the rigid requirement of personnel experience, Directors and core management teams must have at least two years of relevant financial or technical experience; at the same time, Applicants must provide conclusive evidence, Prove that they have been in other jurisdictions or licensed crypto exchanges, Have at least one to two years of compliance operation experience in reliable digital asset trading business, Never allow pure outside capital to get involved in this field.

lever, 客户类别和提款程序应按2024年货币经纪指南及现行许可条件实施. 不能将历史100倍及三个工作日的表述不加适用前提地套用于所有产品和交易安排.

马来西亚数字资产交易所业务与纳闽货币经纪是不同制度, 通常须核对马来西亚证券委员会认可市场营运者框架及相关要求. 货币经纪许可不能自动替代数字资产交易所授权.

Not included. 基金管理是另一项活动, 应单独核对Labuan FSA的许可, 资本及保险要求. 不能把基金管理旧资本数字直接作为货币经纪许可的附带权限.

Preparing materials for applying for an investment banking license is a huge task of preparing compliance documents. The applicant legal person must submit an application for licensing to the LFSA in writing, and attach a full set of legal documents certified by the FSA. In terms of financial verification, Copies of authoritative audit reports for the previous three complete fiscal years ending on the date of application must be submitted truthfully.. at the business planning level, Must submit an in-depth business plan covering the next three financial years. at the same time, The application must detail the names of all executives and employees responsible for investment banking operations, Qualifications and previous work experience, And disclose without reservation the specific addresses and background information of core participants holding more than 10% of paid-in capital..

发生重大系统或安全事件时, 应按适用Labuan FSA规则及许可条件升级, 保护客户资产, 保存证据并报告. 具体期限及报告内容应与事件类别对应, 不将统一十四天描述成所有事故的唯一期限.

应按现行指南落实经营和管理安排, 并核对客户, 币种及马来西亚居民交易的适用限制. 跨境和本地业务不能仅凭“离岸”标签或一份免责声明判断.

Can refer to纳闽货币经纪牌照主管机关的监管及申请资料, Check corresponding systems and processing information.

Prepare, integrity review, 补件和最终许可属于不同阶段, 实际项目时间取决于材料及业务复杂性. 不能保证固定40至60天完成所有审批及开户.

应把交易撮合, investment advice, 全权管理和基金管理逐项区分, 向Labuan FSA确认对应授权及变更程序. 新增业务不能因已有货币经纪许可而免除独立审查.

In the anti-money laundering and internal control review process, Applicants must submit a complete, Authentic and verifiable compliance materials. The company must establish a strict and appropriate internal control system, To continuously monitor business operations and corporate governance. in the submitted dossier, Must include extremely detailed KYC (Know Your Customer) enforcement procedures, AMLA (Anti-Money Laundering Act) compliance framework and comprehensive operation manual. also, Applicants must undertake in writing to ensure that their daily operations fully comply with the Anti-Money Laundering Regulations jointly issued by Bank Negara Malaysia and Labuan authorities., Combating the Financing of Terrorism Act and its Guidelines, and formally hire qualified compliance officers to supervise implementation..

As a senior institution deeply involved in the field of offshore licenses, Ganghuitong provides highly professional and in-depth full-case closed-loop services.. in preparation period, We will based on the actual background information of the customer, Assist in writing high-level feasibility study reports, and conduct strict due diligence and guidance on required documents. In the critical stage, Our compliance consultants will tailor a business plan for you, Three-year financial forecast model and central bank-compliant AML/CFT operations manual. We not only take full responsibility for submission and closely supervise the entire official application process, We will also assist customers to calmly handle all inquiry letters issued by Labuan FSA, and provide in-depth compliance coaching on official interviews executives may face..

不能仅凭相同监管机关推导权限相同, 应按撮合, Self-operated, 融资及管理等活动分别匹配Labuan FSA许可和条件.

Submitting an application or obtaining a principled opinion does not mean that you are officially allowed to operate.. Final authorization should be confirmed first, Licensing conditions and prerequisites for starting business; Technical testing should be distinguished from real client funds and regulated transactions.

Cannot be regarded as the same approval. Regulatory authority assessment business authorization; Banks independently review customers, Source of funds and purpose of account. Obtaining a license or in-principle approval does not guarantee account opening, Clearing access and ongoing account services.

New products first, Customer Category, A case-by-case comparison of capital flows and operating areas with existing registrations or authorizations. If it exceeds the scope or affects the applicable conditions, Corresponding changes should be completed, It will be launched after notification or separate application..

Outsourcing does not mean transferring the responsibilities of the licensed entity. It is recommended to clarify the scope of services, data access, audit, accident report, Re-sourcing and exit arrangements, and retain sufficient internal personnel to supervise suppliers.