Labuan IBFC chief executive officer Farah Jaafar (pic) said the Labuan Financial Services Authority (Labuan FSA) approved 30 new DFS licences in 2020, bringing the total number of DFS providers in the midshore international business and financial centre to 62.
KUALA LUMPUR: The Labuan International Business and Financial Centre (Labuan IBFC) has seen a growing number of digital financial service (DFS) licences approved in 2020 despite the challenging environment due to the Covid-19 pandemic.
Labuan IBFC chief executive officer Farah Jaafar (pic) said the Labuan Financial Services Authority (Labuan FSA) approved 30 new DFS licences in 2020, bringing the total number of DFS providers in the midshore international business and financial centre to 62.
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