Money Broking

Labuan Money Broking & Labuan Islamic Money Broking

  • Intermediary business of arranging transactions between buyers and sellers in money in consideration of brokerage fees , excluding buying or selling of foreign currencies by the broker as a principal in markets.
  • Transact business in foreign currency only and not deal in MYR except for defraying administrative and statutory expenses.
  • Prohibited from dealing with residents other than authorised dealers under the Exchange Control Act 1953.

Licensing  Requirements

Operational Requirements