Fintech PR
Labuan IBFC to be Asia’s Leading Digital-Based Financial Gateway with Islamic Finance Capabilities
Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a facilitator of Asia’s digital revolution, a key driver of the centre’s success in recent years.
Labuan Financial Services Authority (Labuan FSA) – the jurisdiction’s regulator – provides an innovative licensing regime to support this evolving digital financial landscape. Allowing digital financial services (DFS) firms to operate within a live market environment, anchored on innovation, intermediation and financial inclusion.
“The DFS in Labuan IBFC is continually growing in recognition of the progressive approach that the centre has taken in embracing the digital revolution, by being as facilitative as possible to enable innovative digital business to take root in Labuan IBFC,” said Labuan FSA Director General, Nik Mohamed Din Nik Musa during his Welcome Address at the third Connecting Digital Ecosystems Asia (CoDE Asia 2021) today.
He added: “Labuan IBFC is envisioned to become a digital-based gateway with Islamic finance capabilities for all global investors and players as the future of Islamic finance looks ever promising. The digital transformation in Islamic finance positively contributes to the evolution and innovation of Islamic financial products and services in a rapid tone.”
“As we continue to strengthen Islamic finance footing in the region, our focus now is to realise the full potential of digital opportunities by offering an all-inclusive solution of a shariah based digital regime leveraging on Islamic finance and social-based finance instruments. This could further expand Islamic finance development across emerging markets while building connectivity with wider Islamic finance industry.”
“As digitisation for the financial sector evolves, regulatory bodies globally will be posed with the balancing act of determining appropriate ways of regulating these changes vis-a-vis promoting market breakthrough and innovations. Ensuring stability will remain of paramount importance as financial transactions become more seamless, intangible and borderless. Therefore, Labuan FSA is committed to adopting a facilitative approach by developing ‘fit-for-purpose’ requirements to cater for emerging business technologies,” said Nik Mohamed Din.
This year, Labuan FSA launched two key policy documents – the Guiding Principles on Business Continuity Management to enhance the Labuan financial institutions’ operational resilience; as well as a digital governance and cyber resilience framework which aims to protect DFS providers from cyber threats.
Farah Jaafar, CEO of Labuan IBFC Inc, said, “Being home to one of the fastest growing digital families in Asia, our ethos of constant engagement with industry coupled with innovation and facilitation, puts us in good stead to embrace the next digital evolution, governed by sound regulatory parameters. This curates a regulated digital ecosystem, providing synergy between wholesale financial intermediation and digitalisation allowing our licensees to operate in a facilitative borderless environment.”
As at September 2021, the number of DFS providers that have been approved to operate in the Labuan IBFC digital space has grown to 85 licensees, having licensed 25 intermediaries as of September 2021. The key licensees include 2 digital banks, 1 insurtech and 1 digital securities exchange, 16 payment systems providers, 18 credit token issuers and 33 money brokers (digital currency exchanges). Out of the total number of DFS providers in Labuan IBFC, the majority were licensed to provide digital currency trading platform, issuance of digital token and e-payment system or e-wallet.
Labuan IBFC’s debut as a digital friendly jurisdiction began in 2017 with just one licence and has since expanded with a wide range of digital businesses and players, from digital banking and insurtech to intermediaries such as robo-advisory, digital asset exchanges, crypto trading platforms, tokenisation licences and e-payment systems.
Having celebrated its 30th year of establishment in 2020, Labuan IBFC is now home to more than 5,000 active entities which include 70 banks, 232 insurance and insurance-related entities, 65 trust companies and other business sectors, with an ecosystem creating a robust environment promoting the growth of digital business.
The 3rd edition (virtual) of Connecting Digital Ecosystems Asia 2021 (CoDE Asia 2021) themed “Future Forward: Next Gen Digital Ecosystems” was attended by more than 400 regional delegates and featured a line-up of industry players and subject matter experts, discussing the current and emerging developments in the digital financial industry.
In conjunction with the conference, a joint white paper entitled ‘Curating a Regulated Digital Ecosystem’ was launched. The paper produced with Deloitte, examines the challenges faced by regulators in an ever-evolving digital landscape, and how jurisdictions can support and facilitate a well-balanced regulatory and business conducive environment.
Fintech PR
Transactions for persons discharging managerial responsibilities – CEO Jörg Brinkmann have purchased shares in H+H International A/S
Company announcement No. 579, 2025
COPENHAGEN, Denmark, March 28, 2025 /PRNewswire/ — H+H International A/S has received notification pursuant to article 19 of EU Regulation no. 596/2014 of the below transaction(s) related to shares or other financial instruments in H+H International A/S made by persons discharging managerial responsibilities in H+H International A/S or persons closely related to them.
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1.
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Jörg Brinkmann
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2.
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Reason for the notification
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a)
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Position/status
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CEO
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b)
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Initial notification/Amendment
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Initial notification
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3.
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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H+H International A/S
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b)
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LEI
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LEI: 3800GJODT6FV8QM841
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4.
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Shares
DK0015202451
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b)
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Nature of the transaction
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Purchase
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c)
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Price(s) and volume(s)
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Volume(s) Price(s)
DKK 112.40 per share 265 DKK 112.60 per share 461
DKK 112.80 per share 1,274
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d)
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Aggregated information
– Aggregated volume
– Aggregated price
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Aggregated information
2000 shares
DKK 225,401.76
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e)
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Date of the transaction(s)
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2025-03-25
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f)
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Place of transaction(s)
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Copenhagen (XCSE)
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1.
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Jörg Brinkmann
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2.
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Reason for the notification
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a)
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Position/status
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CEO
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b)
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Initial notification/Amendment
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Initial notification
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3.
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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H+H International A/S
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b)
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LEI
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LEI: 3800GJODT6FV8QM841
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4.
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Shares
DK0015202451
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b)
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Nature of the transaction
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Purchase
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c)
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Price(s) and volume(s)
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Volume(s) Price(s)
DKK 114.00 per share 2,000
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d)
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Aggregated information
– Aggregated volume
– Aggregated price
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Aggregated information
2000 shares
DKK 228,000
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e)
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Date of the transaction(s)
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2025-03-21
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f)
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Place of transaction(s)
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Copenhagen (XCSE)
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CONTACT:
For further information please contact:
Niclas Bo Kristensen
Head of Investor Relations & Treasury
+45 24 48 03 67
Nbk@hplush.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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579 – Transactions for persons discharging managerial responsibilities |
View original content:https://www.prnewswire.co.uk/news-releases/transactions-for-persons-discharging-managerial-responsibilities—ceo-jorg-brinkmann-have-purchased-shares-in-hh-international-as-302414546.html
Fintech PR
From Dubai to Bali: Crypto Content Creator Campus Continues to Empower the Crypto Content Ecosystem
DUBAI, UAE, March 28, 2025 /PRNewswire/ — The Crypto Content Creator Campus (CCCC) is set to launch a special pilot edition in Bali from April 10 to 13, 2025. Exclusively sponsored by Bybit, the event marks CCCC’s official debut in Asia Pacific and will center on the theme: Build Crypto Ark, Bit by Bit.
Hosted in one of Asia’s most iconic destinations, CCCC Bali 2025 will bring together around 150 top crypto content creators in Asia Pacific. Alongside them, five prominent speakers will deliver insights into creator growth, audience conversion, and sustainable monetization in the Web3 space. This exclusive, two-day experience will unite some of the biggest names in crypto, content creation, and blockchain for a high-energy, invite-only gathering packed with expert insights, networking, and entertainment.
High-profile crypto influencers and key opinion leaders are expected to attend, including RTA, Head of Trading at RTA Business School; Gong Youchai, co-founder of ANGELAB Quantitative and Blackwater Holding; and MoMo, a leading on-chain arbitrage trader. Other well-known figures with massive online followings — such as Phyrex, BITWU, and Little Penguin — will also share their expertise and engage with the community.
“Following the successful CCCC Dubai 2024, we’re thrilled to extend our vision to the vibrant Asia-Pacific crypto community – a place bursting with energy, ambition, and an insatiable appetite for crypto knowledge,” said Phoebe Peng, Managing Director of CCCC. “This upcoming event will foster collaboration and equip content creators with creativity to monetize their passion.”
Bali was chosen as the launchpad for CCCC’s APAC debut not only for its vibrant crypto community, but also for its unique blend of natural beauty and cultural richness — a perfect backdrop to inspire creativity, collaboration, and meaningful storytelling. CCCC aims to empower Asia-Pacific creators in a setting that fuels both imagination and impact.
About Crypto Content Creator Campus (CCCC)
CCCC is a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.
For more details about CCCC, please visit: https://www.cccc.buzz/
For inquiries, please contact: hello@cccc.buzz
Photo – https://mma.prnewswire.com/media/2652806/Crypto_Content_Creator_Campus.jpg
Logo – https://mma.prnewswire.com/media/2528673/Main_Lockup_NEON_ZEST_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/from-dubai-to-bali-crypto-content-creator-campus-continues-to-empower-the-crypto-content-ecosystem-302414378.html
LUGANO, Switzerland, March 28, 2025 /PRNewswire/ — On March 25, BE OPEN visited Thailand, as The Economist Group’s signature sustainability summit returned to Bangkok for the fourth time. Sustainability Week Asia rounds off a series of global conferences – from Cape Town to New York – which bring together the world’s foremost experts and industry leaders shaping the transition to a more sustainable future.
Opening with keynote addresses by high-ranking officials from Thailand’s Prime Minister, Ministry of Foreign Affairs and Ministry of Industry, this year’s event welcomed more than 900 delegates from across Asia and beyond. It also marked BE OPEN’s first time participating in this important summit to witness conversations about banks driving the ongoing green vehicle transition, providing subsidised financing options for green auto consumption; Asian manufacturers adapting to ‘net zero’ goals, the region’s brightest architects revolutionising sustainable living, and many more.
The founder of BE OPEN Elena Baturina focused on the value of the conference for the foundation: “We are happy to become part of the event that connects businesses, investors and innovators to achieve a more sustainable future. Annually for our sustainability competitions we collect hundreds of outstanding creative projects from young people all over the world, and do our best to promote them to the public and private sector. Educating and motivating young people to become leaders of sustainable change is the best way forward. That is why we keep trying to do more by offering them a platform for pitching, discussion and exchange of ideas boosting their confidence and helping them to see that they matter.”
Since its inception, BE OPEN has tried to identify the evolving needs of the future, offering a platform for the enterprising young leaders of tomorrow to realise their potential as they work to design, create and innovate for the betterment of the planet. As BE OPEN believes in the power of human creativity to push the boundaries, it values such opportunities to share insights and derive inspiration from the cutting-edge developments taking shape in Asia.
BE OPEN is a global initiative to foster creativity and innovation, a think-tank whose mission is to promote people and ideas today to build solutions for tomorrow. It is a cultural and social initiative supported by Austria-based international philanthropist and businessperson Elena Baturina.
View original content:https://www.prnewswire.co.uk/news-releases/be-open-debuts-at-the-4th-annual-sustainability-week-asia-conference-302414350.html
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