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Frequently
Asked Questions
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- Is
the licensed trading agent allowed to fix his own
fees and charges?
LFX
does not regulate back office dealings of its
market participants. Fees charged are negotiable
between the Trading Agents and Investors and similarly
between Listing Sponsors and Issuers.
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Any transaction charges to be levied by LFX on the
transactions?
LFX
may levy clearing fees on transactions whilst cash settlements and depository fees will be levied by the appointed Settlement and Depository Banks vide @LFX which currently is Citibank Worldwide Securities Services or Deutsche Bank (Malaysia) Berhad.
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- Is
the fee structure of Labuan comparable to other
similar jurisdictions?
The
fee structure of Labuan is comparable to those
charged by the more prominent jurisdictions such
as Luxembourg and Cayman Islands. It should also
be noted that a further competitive advantage
of Labuan is its proximity to the major financial
centres in the Asia Pacific, namely Hong Kong,
Taipei, Seoul, Tokyo and Singapore.
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