Labuan SRO licence, filed under our own licence.

Self-regulatory organisation licence for supervisory bodies governing market-participant conduct under Labuan FSA recognition. Governance and conduct framework designed before filing.

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SRO licence, independence and enforcement combined.

As applicants approach Labuan FSA SRO licensing, the regulator looks for operational independence from member commercial activities and a credible rulebook with enforceable conduct standards. A disciplinary framework with due process and governance that withstands member-interest scrutiny round out the file.

QX Trust files SRO applications under our own Labuan FSA licence as the recognised party, drafting the rulebook, governance framework and independence safeguards before the file is opened with the regulator.

Your SRO file, filed directly by the licensed firm.

QX Trust Co. Ltd is a Labuan Managed Trust Company headquartered in Labuan IBFC. We file applications as the recognised party, not through an intermediary. We serve you in English, Chinese and Malay.

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2019

Labuan FSA licensed

LMT0081

Our Labuan licence

EN + ZH + MS

Language desks

Labuan IBFC

Headquartered

What sits in the Labuan SRO file.

Six deliverables prepared and assembled under one channel before submission to Labuan FSA.

Mandate and scope

Defined supervisory mandate, target member population, conduct standards covered and enforcement reach under Labuan FSA delegation.

Rulebook

Member conduct rules, admission criteria, disciplinary procedures, appeals process, dispute resolution framework and dispute escalation to Labuan FSA.

Governance and independence

Independent board, member-elected and independent directors, conflicts-of-interest policy, operational separation from member commercial activities.

Surveillance and enforcement

Surveillance methodology, examination procedures, enforcement playbook, sanctions schedule and member-reporting infrastructure.

Capital and substance

Capital plan calibrated to operational scope. Labuan office, supervisory team, technology infrastructure and reporting framework prepared.

Fit-and-proper vetting

Board, principal officer and key supervisory staff vetting prepared for Labuan FSA prior-approval. SRO governance experience evidenced.

Four steps from scope to grant.

One channel, one owner, one timeline across the four phases of a Labuan SRO licence application.

01

Concept and mandate

Supervisory mandate, target member population and governance design benchmarked against Labuan FSA SRO criteria. Independence approach mapped.

02

File scope and drafting

Rulebook, governance documents, surveillance methodology, enforcement playbook and fit-and-proper questionnaires drafted.

03

Submission and dialogue

File submitted under our Labuan FSA licence. We absorb regulator queries and coordinate director-approval and rulebook revision rounds.

04

Licence grant and handover

Approval issued by Labuan FSA. We hand over operating documentation, rulebook publication, supervisory reporting calendar and member-onboarding protocols.

Frequently asked.

Direct answers on SRO definition, governance, scope, timelines and applicant profile.

What is a Labuan SRO licence?

A Labuan self-regulatory organisation licence authorises a body to supervise and enforce conduct standards over a defined group of market participants. SROs operate within the Labuan FSA framework and complement direct regulator supervision.

What governance does a Labuan SRO need?

Independent board, member-elected and independent directors, conflicts-of-interest framework, disciplinary committee, appeals process, and operational separation from member commercial activities.

What activities can a Labuan SRO undertake?

Rulemaking for member conduct, surveillance of member activity, disciplinary action against members, dispute resolution, training and certification, market-development and representation with Labuan FSA.

How does a Labuan SRO differ from a financial exchange?

A financial exchange operates a marketplace where trading occurs. An SRO supervises conduct standards across market participants who may operate on or off an exchange. Some entities hold both licences with appropriate separation of functions.

How long does the Labuan SRO licence take?

Labuan FSA does not publish a fixed processing time for SRO applications. Timelines vary with rulebook complexity and governance design, and we scope this with you at the outset. Rulebook drafting, governance design, member-conduct framework and operational independence assessment all drive the timeline.

Who applies for a Labuan SRO licence?

Bodies that may seek SRO recognition can include industry associations, exchange operators expanding into oversight, professional bodies and consortia of market participants looking for a recognised self-regulatory framework under Labuan FSA.

Scoping a Labuan SRO licence?

Tell us about your supervisory mandate. We draft the rulebook, design the governance, and route the file under our Labuan FSA licence.

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