Labuan IBFC continues to provide a fit-for-digital business structures to facilitate various digital financial-related business (DFS) in the Centre. These include digital-banking, insurtech business to digital intermediaries such as Robo-advisors, digital asset exchanges, crypto trading platforms, blockchain tokens as well as e-payment systems. Labuan entities are required to obtain Labuan FSA’s prior approval before undertaking proposed DFS-related activities. Among others, in view of the virtual and non-face-to-face contact of DFS businesses, regulatory emphasis will be on the compliance to the AML/CFT and market conduct requirements. This is critical to ensure that all DFS activities in the Centre is not used to front any money laundering or terrorism financing schemes; whilst promoting professional and transparent services in dealings with clients.