obtain fund management license in labuan
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Obtain Fund Management License in Labuan
A presentation brought to you by CompanyIncorporationMalaysia.com
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Fund Managers in Labuan
The fund manager who provides investment services in Labuan is required to obtain a license, as prescribed by the Labuan Financial Services Authority (FSA).
Businessmen who are interested in opening a company in Malaysia providing investment services have to follow a set of specific steps in this sense.
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Fund Managers in Labuan – Requirements
The fund managers in Labuan also have to comply with a set of requirements stating their expertise in the field.
They should provide relevant documents on their studies or activities in the investment domain.
Our team of consultants in company formation in Malaysia can offer an in-depth presentation on these aspects.
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What is a Fund Manager in Labuan? >>
According to the applicable legislation in Labuan, a fund manager represents a person who provides investment services.
Such services can be related to investment advice or administrative aspects for investment purposes.
They can also provide their services for securities matters.
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Islamic Fund Manager in Labuan
It is important to know that the investment legislation in Labuan provides a distinctive rule of law for Islamic fund activities.
Foreign investors interested in this type of investment fund in Labuan may find our more details on this matter from our team of company formation agents in Malaysia.
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Fund Manager in Labuan – Eligibility >>
Persons who are interested in company formation in Labuan, Malaysia ought to know that somebody can obtain a fund manager license in the following conditions:
• the person must have a degree or a qualification in the field of investment;
• the person is a member of the International Organization of Securities Commission.
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>> Fund Manager in Labuan – Eligibility
In the situation in which the conditions mentioned before do not apply, investors can still obtain the fund manager license.
In this sense, we mention that the businessman should prove a certain experience in the field.
Our team of agents in company registration in Malaysia can offer more details.
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Receive the Fund Manager License >>
Persons who want to receive a fund manager license in Labuan should apply at the Labuan FSA.
It is necessary to submit an application form (Form LSCM), alongside with other relevant documents required when completing the Form LSCM.
The investor should also provide a business plan, detailing the activities carried out under the investment fund or investment company.
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>> Receive the Fund Manager License
At the same time, the applicant should provide relevant details on the financial resources he or she can dispose of, when opening a company or an investment fund in Malaysia.
It is also required to comply with the Guidelines on Fit and Proper Person Requirements.
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Consultancy Service in Malaysia
Our specialists can offer advice when applying for a fund manager license in Labuan.
At the same time, our team of representatives can assist in obtaining other types of licenses, such as banking licenses.
Please contact our team of consultants in company formation in Malaysia for more details and advice on other corporate matters.
Thank you for your attention!
For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.companyincorporationmalaysia.com
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