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

Author/Editor:

International Monetary Fund

Publication Date:

December 6, 2004

Electronic Access:

Free Full Text (PDF file size is 311 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 04/391

Subject:

English

Publication Date:

December 6, 2004

ISBN/ISSN:

9781451828313/1934-7685

Stock No:

1MYSEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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