A comprehensive set of legislation to cover financial activities was enacted from 2000 to 2002, including Islamic finance, a niche area that is continuously attracting growing interest from investors.  This regulatory framework provides a conducive environment for international financial activities. The BIFC offers a range of attractions for institutions that are looking for an alternative regime to domicile and re-domicile their activities. The legislation is right-up-to-date and has been carefully crafted to permit flexible and cost effective capabilities. BIFC has a policy of keeping the legislation under constant review and make amendments when required in order to reflect current practices thus ensuring that stringent international standards are met.

IMPORTANT DISCLAIMER

If you rely on the information on this web site, you are responsible for ensuring by independent verification its accuracy or completeness. The Ministry of Finance nor its officers and employees:

• make no representations, express or implied, as to the accuracy of the information and data contained on this website or database;
• make no representations, express or implied, as to the accuracy or usefulness of any translation of the information on this website or database or any linked site into another language;
• accept no liability for any use of the said information and data or reliance placed on it (including translated information and data);
• make no representations, either expressed or implied, as to the suitability of the said information and data for any particular purpose;
• make no warranties that the said information and data is free of infection by computer viruses or other contamination;
• do not sponsor, endorse or necessarily approve of any material on sites linked from or to this website or database;
• do not make any warranties or representations regarding the quality, accuracy, merchantability or fitness for purpose of any material on sites linked from or to this website or database;
• do not make any warranties or representations that material on the other web sites to which this site is linked does not infringe the intellectual property rights of any person anywhere in the world, and
• do not authorise the infringement of any intellectual property rights contained in material in other sites by linking this database to those other sites.

 

The above legislation may be purchased at the office of the Brunei International Financial Centre at B$5.00 per copy.