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The Hong Kong and Shanghai Banking Corporation Limited Offshore Banking Unit (Labuan) Industrial and Commercial Bank of China (Labuan Branch) ING Bank NV (Labuan Branch) The Mega International Commercial Bank (Labuan Branch) J.P. Morgan Malaysia Ltd (Labuan) J.P. Morgan Chase Bank National Association (Labuan Branch) KBC Bank NV (Labuan Branch)
Labuan International Business and Financial Centre (IBFC) is a special economic zone of the Malaysian government based on the island of Labuan off the Borneo coast. It was established in 1990 and has been marketed as having a unique position to tap investment opportunities in Asia and beyond. [1]
Victoria's Financial Park along Jalan Merdeka houses offshore teams of international banks, insurance and trust companies. Victoria is an offshore support hub for deepwater oil and gas activities in the region. In 2012, Victoria had a population of over 85,000 with nearly half of those coming from elsewhere in Malaysia and from Brunei Darussalam.
The following is a list of trust companies that operate or that have operated in Canada. Historically, trusts were one of the four main financial institutions in Canada, along with banks, insurance companies, and investment brokerages. [1]
Labuan Native Court 27 Legal Affairs Division (BHEUU) Legal Aid Department (JBG) Malaysian Department of Insolvencies (MdI) 28 Legal and Judicial Services Commission (SPKP) 29 Legal and Judicial Training Institute (ILKAP) 30 Malaysian Anti-Corruption Commission: 31 Malaysian Civic Academy (AKM) 32 Malaysian Civil Defence Force: 33
A trust company can be named as an executor or personal representative in a last will and testament.The responsibilities of an executor in settling the estate of a deceased person include collecting debts, settling claims for debt and taxes, accounting for assets to the courts and distributing wealth to beneficiaries.
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