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Labuan IFC reasserts regulatory commitments amidst Panama Papers noise

Authorities in Labuan have moved to reassure the financial community that the centre’s regulatory framework and practices conform with international standards in the wake of the so-called Panama Papers data leak. In a statement released to media, Danial Mah, CEO of Labuan International Business and Financial Centre (IBFC), said that recent information leaks have only served to heighten the demands…

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