Labuan Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part V · Labuan Trust Companies
64. Disclosure of interests in relation to Labuan trust company
Feedback & supportEvery Labuan trust company who is in any way, whether directly or indirectly, interested in a contract or proposed contract or in the counterparty to a transaction where it is acting in a fiduciary position whether as a trustee or otherwise, shall, as soon as reasonably practicable, furnish details of its interest to the client concerned and the Authority.
Labuan trust company
Defined · s 2
“Labuan trust company” means a person licensed to carry on trust company business under sections 61 and 71;
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