Seksyen 1
(1)
Perintah ini bolehlah dinamakan Perintah Perkhidmatan Kewangan
(Insurans Liabiliti Pengarah dan Pegawai Labuan) (Pengecualian) 2025.
/akn/my/act/pua/2025/60
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Quick answer
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PENGARAH DAN PEGAWAI LABUAN) (PENGECUALIAN) 2025 is Malaysia P.U. (A), cited as P.U. (A) 60 2025, currently marked in force and first recorded in 2025.
Opening note
Perintah ini bolehlah dinamakan Perintah Perkhidmatan Kewangan
(Insurans Liabiliti Pengarah dan Pegawai Labuan) (Pengecualian) 2025.
Dalam Perintah ini, “penanggung insurans Labuan” ertinya mana-mana orang yang dilesenkan untuk menjalankan perniagaan insurans am Labuan yang berhubungan dengan liabiliti pengarah dan pegawai di bawah Akta Perkhidmatan Kewangan dan Sekuriti Labuan 2010 [Akta 704].
Pengecualian
penanggung insurans Labuan daripada pemakaian perenggan 8(1)(a) Akta yang menghendaki penanggung insurans Labuan itu untuk mendapatkan suatu lesen untuk menjalankan perniagaan insurans am; atau
mana-mana orang yang membuat atau menyebabkan untuk dibuat suatu kontrak insurans am yang berkenaan dengan liabiliti pengarah dan pegawai dengan seorang penanggung insurans
Labuan daripada pemakaian subseksyen 127(1) Akta yang menghendaki orang itu untuk mendapatkan kelulusan bertulis terdahulu Bank bagi tujuan tersebut.
P.U. (A) 60 3
Dibuat 4 Februari 2025
[BNM/JUN/1119/55/95; PN(PU2)718/JLD.8]
DATUK SERI AMIR HAMZAH BIN AZIZAN
Menteri Kewangan II
P.U. (A) 60 4
FINANCIAL SERVICES ACT 2013
FINANCIAL SERVICES (LABUAN DIRECTORS AND OFFICERS LIABILITY INSURANCE)
(EXEMPTION) ORDER 2025
Opening note
This order may be cited as the
Financial
Services
(Labuan Directors and Officers Liability Insurance) (Exemption) Order 2025.
This Order comes into operation on 29 November 2027.
Interpretation 2.
In this Order, “Labuan insurer” means any person licensed to carry on
Labuan general insurance business relating to directors and officers liability under the Labuan Financial Services and Securities Act 2010 [Act 704].
Exemption 3.
The Minister exempts—
a Labuan insurer from the application of paragraph 8(1)(a) of the Act which requires such Labuan insurer to obtain a licence to carry on general insurance business; or
any person who enters into or causes to be entered into a contract of general insurance in respect of directors and officers liability with a Labuan insurer from the application of subsection 127(1) of the Act which requires such person to obtain prior written approval of the Bank for such purpose.
P.U. (A) 60 5
Made 4 February 2025
[BNM/JUN/1119/55/95; PN(PU2)718/JLD.8]
DATUK SERI AMIR HAMZAH BIN AZIZAN
Finance Minister II