Labuan

Notice by the Labuan Financial Services Authority that "Topworth Investments Ltd, a Labuan money broker" has been petitioned into liquidation by a creditor.

Our expert panel will delve into the complex world of offshore finance, providing insights into the latest trends and developments in this often-misunderstood industry. Learn about the use of offshore structures in locations such as the British Virgin Islands, Bermuda, and the Cayman Islands by Asian High Net Worth Individuals and large corporations. We'll also cover the activities in regional Offshore Financial Centers including the Cook Islands, Labuan, Marshall Islands, Nauru, Niue, and Vanuatu.

Public Notice by the Labuan Financial Services Authority regarding regulatory action against UW Global Inc., which is "restricted from undertaking any new business" and required "to take immediate action to honour and pay all overdue payments to its existing clients".

Public Notice by the Labuan Financial Services Authority regarding business restrictions on 22 "Labuan Licensed Entities".

Public Notice by the Labuan Financial Services Authority that Luke Furler, of Quantuma, has been appointed as Interim Liquidator of City Credit Investment Bank Ltd.

Public Notice by the Labuan Financial Services Authority that "a creditor petition for the winding up of City Credit Investment Bank Limited, a Labuan investment bank, had been filed in the High Court of Sabah and Sarawak at the Federal Territory of Labuan".

Public Notice by the Labuan Financial Services Authority regarding “enforcement actions” it has taken against “Labuan Licensed Entities from December 2015 to October 2023”.

Public Notice by the Labuan Financial Services Authority regarding "enforcement actions" it has taken against "Labuan Licensed Entities from December 2015 to September 2023".

Public Notice by the Labuan Financial Services Authority regarding business restrictions on 21 "Labuan Licensed Entities".

Public Notice by the Labuan Financial Services Authority regarding "enforcement actions" it has taken against "Labuan Licensed Entities from December 2015 to October 2022".

Public Notice by the Labuan Financial Services Authority regarding business restrictions on 19 "Labuan Licensed Entities".

Public Notice by the Labuan Financial Services Authority that City Credit Capital (Labuan) Ltd., "a Labuan money broker had been placed under liquidation by way of creditors’ voluntary winding up".

Petition for Court Supervision of a Voluntary Liquidation by Martin Trott, Osman Arab, and Johnathan Lai, as Joint Voluntary Liquidators of Spectra SPC (in Voluntary Liquidation), at the Grand Court of the Cayman Islands.

Public Notice by the Labuan Financial Services Authority regarding business restrictions on 15 "Labuan Licensed Entities".

Public Notice by the Labuan Financial Services Authority regarding business restrictions on 11 "Labuan Licensed Entities".

Public Notice by the Labuan Financial Services Authority listing "enforcement actions on these Labuan Licensed Entities from December 2015 to October 2022".

Public Notice by the Labuan Financial Services Authority regarding "enforcement actions" it has taken against "Labuan Licensed Entities from December 2015 to April 2022".

Public Notice by the Labuan Financial Services Authority that it has imposed business restrictions on nine "Labuan Licensed Entities".

Madrid-based Swiss lawyer Dario Item, 49, who serves as Antigua and Barbuda's Ambassador to Spain, Liechtenstein, and Monaco, lied to Antigua's financial regulator when successfully applying for a bank license in 2018, apparently to conceal an investigation in Labuan that led to his corporate disqualification and the closure of his bank there the following year, OffshoreAlert can reveal.

Judgment regarding a bank licensing dispute in Julius Capital Bank Inc. v. The Financial Services Regulatory Commission at the Antigua and Barbuda High Court.

Public Notice by Labuan Financial Services Authority that the Labuan branch of Cayman Islands-domiciled Premier Assurance Group SPC Ltd. has gone into official liquidation.

Enforcement Actions taken by Labuan Financial Services Authority on Labuan Licensed Entities, dated August 18th, 2021.

Business Restrictions on Labuan Licensed Entities by Labuan Financial Services Authority, dated August 16th, 2021.

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

Enforcement Actions taken by the Labuan Financial Services Authority on Labuan Licensed Entities, April 2021.

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

Amended Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Jeffrey Stower and Jason Robinson, of KPMG, as the Foreign Representatives of Premier Assurance Group SPC Ltd. (in Provisional Liquidation), at the U. S. Bankruptcy Court for the Southern District of Florida.

Complaint in Proximity Aerospace Ltd., of Labuan, for itself and as assignee of certain rights and interests of JetSmart Aviation Ltd., of the Seychelles v. Stellar Aviation Company Inc., of Delaware, at the U. S. District Court for the Southern District of Florida.

Winding Up Petition in Cayman Islands Monetary Authority v. Premier Assurance Group SPC Ltd. at the Grand Court of the Cayman Islands.

Reasons for Judgment regarding the appointment of Controllers in the Cayman Islands Monetary Authority v. Premier Assurance Group SPC Ltd. at the Grand Court of the Cayman Islands.

Originating Application in Hilong Oil Service Ltd., of Labuan v. POLY-GCL Petroleum Investments Limited, of the British Virgin Islands, at the British Virgin Islands High Court.

Antigua and Barbuda's banking regulator appears to have fast-tracked a licensing application by one of the country's diplomats - London-based Swiss lawyer Dario Item - after his bank in Labuan ran into regulatory problems and he received a corporate ban, OffshoreAlert can reveal.

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.

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.

Notice by Labuan Financial Services Authority regarding Licensed Entities on which business restrictions have been imposed, November 19, 2019.

Business Restrictions by the Labuan Financial Services Authority, September 4th, 2019.

London-based Swiss attorney Dario Item, who serves as Antigua and Barbuda's Ambassador to Spain, Monaco, and Liechtenstein, has legally challenged director and officer disqualifications against him in Labuan and persuaded Google to remove an OffshoreAlert article from its European search engine results.

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.

Notice by Labuan Financial Services Authority regarding Licensed Entities on which business restrictions have been imposed, June 11, 2019.

London-based Swiss attorney Dario Item, who serves as Antigua and Barbuda's Ambassador to Spain, Monaco, and Liechtenstein, has been disqualified and removed from acting as a director and officer of Blue Investment Bank and Blue Wealth Management in Labuan.

Letter from Ealixir, which claims to be "world leaders in the removal of undesirable web content and links", requesting the removal from OffshoreAlert's website of an enforcement action by the Labuan Financial Services Authority against its client, Dario Item, who, according to his promotional material, is an attorney in Switzerland and, inter alia, the Ambassador for Antigua & Barbuda to Spain, Monaco, and Liechtenstein.

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.

Enforcement Actions by the Labuan Financial Services Authority, May 16, 2019.

Business Restrictions by the Labuan Financial Services Authority, April 16, 2019.

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.

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.

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.

Criminal Complaint in USA v. Tim Leissner concerning 1Malaysia Development Berhad, a.k.a. 1MDB, at the U. S. District Court for the Eastern District of New York.

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.

Notification to investors of Capital One Ltd.'s Funds by the Labuan Financial Services Authority.