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New provisions in the Labuan Companies Amendment Bill 2022 affect corporate governance and increases the authority of the financial services regulator.
KUALA LUMPUR, March 31 Three bills under the Ministry of Finance which seek, among others, to modernise and update the legal aspects of the Labuan International Business and Financial Centre (Labuan IBFC) were passed in the Dewan Negara today The Labuan Companies (Amendment) Bill 2022 to amend.