Fusang Exchange Ltd

Securities Exchange Licence (Labuan)

Document IPFS CID:

Licensed to serve as a Securities Exchange by the Labuan Financial Services Authority (LFSA), under the Labuan Financial Services & Securities Act (LFSSA) [s134 LFSSA 2010].

In addition, Fusang Exchange Ltd has received approval to operate a marketing office in Kuala Lumpur, Malaysia.

And is a Recognised Exchange in the British Virgin Islands.

Fusang Exchange Ltd's Main Board & Private Market is hosted under this Securities Exchange licence

Authorised to act as the primary listing venue (including for pubic offerings and IPOs), along with hosting listed markets for secondary trading, to both public investors (on the Main Board) and private investors (on the Private Market):

  1. Equities
  2. Bonds & debt instruments
  3. Sukuk
  4. Funds
  5. Derivatives
  6. Options
  7. Other financial instruments and securities

Fusang Exchange Ltd's Virtual Asset Market is hosted under its Money Broking licence

For all Labuan financial licensees undertaking digital financial services (DFS):

  • Client monies must be maintained in accounts separate from its own bank account and marked in its books as relating to each client’s account.
  • Client monies cannot be mixed with the firm’s general assets at any time;
  • Client monies must be readily identified at any time;
  • Client monies accounts need to be reconciled with internal records and client records at least monthly;
  • Withdrawal instructions is expected to be completed within 3 working days.