Run a clean compliance function from day one.
Setup, AML and CFT, risk and governance. We run the day-to-day function while your board keeps control, aligned to Labuan FSA guidelines and Malaysian AMLA.
Make an enquiryTell us what you're looking for.
Pick what fits, leave your details, and we will come back with the next step. No obligation, no pressure.
We handle the whole file.
Pick what you need. We plan it, draft it, and deal with the regulator, so you stay in control without the administrative burden.
- Business plan, policies and declarations prepared for you
- We liaise with Labuan FSA from submission to approval
- One accountable team from licence to operation
A working compliance function, without a full in-house team.
Labuan FSA licensees must run a live compliance function: a designated compliance officer, AML and CFT monitoring, and a risk framework. Most need all of it long before the headcount or in-house experience exists to staff it.
We run the function as your outsourced provider. A fit and proper compliance officer and a maintained programme, aligned to FSA guidelines and Malaysian AMLA, keep the obligations met while your board keeps accountability and control.
Explore the four building blocksA licensed Labuan trust company carrying your compliance load.
QX Trust Co. Ltd is a Labuan Managed Trust Company headquartered in Labuan IBFC. We build and run the compliance function under your licence, not through an intermediary. We serve you in English, Chinese and Malay.
Make an enquiry2019
Labuan FSA licensed
LMT0081
Our Labuan licence
EN + ZH + MS
Language desks
Labuan IBFC
Headquartered
Why run your compliance function through QX Trust?
We carry the operational load while your board keeps accountability. One provider, one calendar, one reporting line.
Board keeps control
We run the function day to day. Accountability and sign-off stay inside the licensee, with the board.
FSA and AMLA aligned
Programmes built to Labuan FSA guidelines and Malaysian AMLA, then kept calibrated to actual flows.
Fit and proper officer
A designated compliance officer with relevant experience and the authority to act, not a paper role.
Counsel coordinated
External legal counsel coordinated where formal opinions on Malaysian or foreign law are required.
Four building blocks. One compliance function.
Take the whole function or the piece you are missing. Each block runs to Labuan FSA guidelines and Malaysian AMLA.
Compliance department setup
End to end build of the function: structure, policies, compliance calendar, reporting and the designated compliance officer.
Read moreAML and CFT programmes
Customer due diligence, transaction monitoring, sanctions screening, suspicious transaction reporting, training and independent review.
Read moreRisk management frameworks
Risk appetite, risk registers, control libraries and monitoring across credit, market, operational, regulatory and reputational risk.
Read moreCorporate governance advisory
Board composition, committee charters, terms of reference, conflict-of-interest controls and director induction.
Read moreNot sure which part of the function you need? Let us scope it with you.
Speak to our teamFrequently asked.
Direct answers on outsourcing, the compliance officer, AML and CFT, risk and governance.
Can a Labuan licensee outsource its compliance function?
Yes. Labuan FSA permits operational compliance work to be outsourced, including AML and CFT monitoring, transaction surveillance and policy maintenance. The licensee keeps accountability through a designated compliance officer and board oversight. The outsourced provider must be suitably qualified and bound by a clear service agreement. We run the function day to day while the board retains control.
Who must the compliance officer be under Labuan FSA rules?
The compliance officer must be a fit and proper person, assessed on integrity, competence and financial soundness, with sound AML and CFT awareness and the authority to take corrective action. A group entity may carry out the role provided the individual meets the fit and proper standard. We can act as, or support, the designated compliance officer.
What does an AML and CFT programme include?
An AML and CFT programme covers customer due diligence, enhanced due diligence for higher risk relationships, ongoing monitoring, suspicious transaction reporting, sanctions screening, record keeping, staff training and an independent review cycle. The programme must align with Labuan FSA AML and CFT guidelines and Malaysian AMLA. We build the programme and keep it calibrated to actual flows.
Do all Labuan licensees need a risk management framework?
Licensed Labuan entities are expected to run a documented risk management framework proportionate to their size and activity. The framework typically covers credit, market, operational, regulatory and reputational risk, with defined ownership, risk appetite, controls and reporting into the board or risk committee. We design the framework and the registers behind it.
How does outsourced compliance work alongside our board?
We run the operational compliance function while your board keeps governance and accountability. We maintain the compliance calendar, monitor obligations, prepare board and committee reporting, and escalate issues. The board approves policy, reviews reports and signs off filings. Accountability stays inside the licensee, the workload moves to us.
What does corporate governance advisory cover?
Corporate governance advisory covers board composition, committee charters, terms of reference, conflict of interest controls and director induction. We align the structure to Labuan FSA expectations and document the governance map so roles, reporting lines and decision rights are clear before a regulator asks.
Ready to stand up your compliance function?
Tell us what you run and what you are missing. We map the function, the officer and the calendar. No template pitch.
Make an enquiry