Labuan

Best Re (L) Ltd.: Winding Up Notice

Public Notice by the Labuan Financial Services Authority that a court in Malaysia has ordered the winding up of Best Re (L) Limited.

Oliver Bellenhaus: Directorship Suspension

Public Notice by the Labuan Financial Services Authority that it has suspended the directorship of Oliver Bellenhaus, a citizen of Germany, in Adaugusta Limited.

Dario Item et al: Regulatory Update

Update by the Labuan Financial Services Authority regarding a lessening of previously-imposed penalties against Dario Item, a London-based, Swiss attorney who serves as Antigua and Barbuda's Ambassador to Spain, Monaco, and Liechtenstein; Andrea Mezzi, a citizen of Italy; Mauro Giacomo Silva, a citizen of Italy; Blue Investment Bank Inc., and Blue Wealth Management Ltd., including the cessation of corporation disqualifications.

Labuan FSA Enforcement Actions: March 2, 2020

Enforcement Actions taken by Labuan Financial Services Authority on Labuan Licensed Entities from December 2015 to February 2020. The latest license revocations concern AbaUnion Limited, Better Place Strategic Investment Ltd.,FinFX Global Markets Limited, Advisers Worldwide (Malaysia) Limited, Opal Automart Pte Ltd., and Asian Trade Investment Bank.

Labuan FSA Enforcement Actions: July 8, 2019

Notification by the Labuan Financial Services Authority of legal action by Dario Item, a London-based Swiss lawyer who serves as Antigua and Barbuda's Ambassador to Spain, Monaco, and Liechtenstein; Andrea Mezzi, a citizen of Italy; Mauro Giacomo Silva, a citizen of Italy; Blue Investment Bank Inc., and Blue Wealth Management Ltd., both of Labuan, challenging regulatory action against them.

Omega Pinnacle Ltd. et al: Labuan Warning List

Warning List by Labuan Financial Services Authority regarding Omega Pinnacle Ltd., WMS Capital Ltd., Saba Inc., BCI International Plc, Pubel Bedford Capital Limited, GL Speed Limited, Hawthorn Financial Solutions Limited, and Asia Development & Investment Bank Ltd.

Best Re (L) Ltd. et al: Business Restrictions

Notice by the Labuan Financial Services Authority that it has imposed business restrictions on the following licensed entities for non-compliance: Best Re (L) Limited, PAIB Company Limited, Qays Re Global Limited, Saba Capital Inc., Capital Hive Ltd., Makasky Limited, One Capital Group Inc., Bullbell Limited, and IRC Ltd.

HHI Casualty & General Insurance (Labuan) Ltd. et al: Business Restrictions

Notification by the Labuan Financial Services Authority of business restrictions against HHI Casualty & General Insurance (Labuan) Limited, Petchem International Trading Commodity, Careful Line Ltd., Asia Development & Investment Bank Ltd., Quantum Wealth Group Ltd., Cameron Asia Reinsurance Brokers Ltd., EC Trust Labuan Ltd., Asean Union Foundation, Faidzan Hassan, Saba Capital Inc., PI Ltd., and Golden Sunrise Finance Broking Company Limited.

Best Re (L) Limited et al: Business Restrictions

Notification by the Labuan Financial Services Authority of business restrictions against Best Re (L) Limited, Montpelier (Labuan) Ltd., PAIB Company Limited, Qays Re Global Limited, Saba Capital Inc., Capital Hive Ltd., Faramond (Labuan) Ltd., Avangard Asia Pacific Insurance and Reinsurance Company Ltd., and Makasky Limited.

EC Trust Related Entities: Notification

Notification by the Labuan Financial Services Authority regarding a complaint it field against EC Corporate Services Ltd., Labuan Corporate Services Ltd., Corporate Directors Ltd., Corporate Services Ltd., EC Trustee Services (L) Ltd., Simple Solutions Limited, North Borneo Education Co. Ltd., Peter Kent Searle, and Cornelia Elisabeth Searle at the High Court of Sabah and Sarawak.