Malaysia legislation

Section 55

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 55

(2)

Notwithstanding subsection (1), the following persons may carry on business as a securities licensee:

(a)

a fund manager referred to in subsections 40(1) and (2);

and

(b)

a bank licensee.

Application for licence

Section 55 — LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010