LATEST INSIGHTS
What is changing in Labuan, and around it.
The developments we are discussing with clients this season. Updated 20 October 2026.
NEWSLabuan13 October 2026
Labuan IBFC rises 11 places to 44th in the Global Financial Centres Index
The latest GFCI ranking moves Labuan into the Specialised Centre category, with wealth management, Islamic finance and captive insurance cited among its strengths. It is the centre's third rise in a row.
Source: The Borneo Post →
NEWSLabuan12 October 2026
Gulf families and investors turn to Labuan for Shariah-compliant structures
Labuan IBFC reports growing interest from Middle Eastern institutions and family offices looking for Shariah-compliant ways to preserve and invest wealth, alongside continued emphasis on real economic substance.
Source: The Star →
NEWSMalaysia9 October 2026
Budget 2027 tabled, with no new measures aimed at Labuan trusts or foundations
Malaysia's 2027 Budget focused on living costs and fiscal risks. KPMG's summary of the proposed tax measures lists no changes targeting Labuan trusts, foundations or the wider IBFC regime.
Source: KPMG →
NEWSSingapore15 June 2026
Singapore streamlines its rules for single family offices
Under MAS's revised framework, qualifying single family offices need no licence but must notify MAS, bank with a MAS-licensed bank and file an annual return. Existing offices have until 15 June 2027 to comply.
Source: Allen & Gledhill →
NEWSUAEJune 2026
UAE clarifies how family foundations are taxed
Updated Federal Tax Authority guidance confirms individuals can settle personal investments and property into a family foundation without corporate tax on the transfer, and limits the 0% family office rate to regulated offices.
Source: BSA Law →
NEWSGlobalFrom 1 January 2026
CRS 2.0 begins: crypto-assets and e-money come into scope
Jurisdictions including the Cayman Islands began applying the OECD's amended Common Reporting Standard this year, widening what counts as a financial asset and tightening self-certification for new accounts.
Source: Maples Group →