The Labuan Financial Services Authority announced that the Labuan International Business and Financial Centre (IBFC) has climbed to 55th place in the Global Financial Centres Index (GFCI 39), up from 60th previously, and has been reclassified from the International Specialist category to the International Contender category. In GFCI 39, Labuan IBFC was ranked among 120 financial centres worldwide and was listed among the top six Asia Pacific centres showing upward movement. The update also highlighted a 37th place global ranking for its FinTech Offering and recognition as one of the top 15 centres with a Reputational Advantage. Labuan IBFC’s positioning was linked to Malaysia’s 2025 FATF Mutual Evaluation outcome, which noted strengthened defences against illicit finance and recognised Labuan IBFC within Malaysia’s broader AML/CFT/CPF framework, alongside references to its cross-border structuring proposition and its sustainable finance offerings including climate sukuk and an ecosystem of Islamic digital exchanges, Islamic digital banks and sukuk platforms.
Labuan Financial Services Authority 2026-03-31
Labuan Financial Services Authority reports Labuan IBFC rises to 55th in Global Financial Centres Index and moves into International Contender category
The Labuan Financial Services Authority reported that the Labuan International Business and Financial Centre has risen to 55th place in the Global Financial Centres Index 39, up from 60th, and reclassified from an International Specialist to an International Contender. Labuan IBFC was also ranked 37th globally for its FinTech Offering, recognised among the top 15 centres for Reputational Advantage, and its positioning was linked to Malaysia’s 2025 FATF Mutual Evaluation outcome and Labuan’s role in the national AML/CFT/CPF framework, including cross-border structuring and sustainable finance.