Internal Audit Services
Internal Audit Services
Internal Audit Services
Risk-based internal audits to improve processes,
Risk-based internal audits to improve processes,
reduce gaps, and ensure adherence.
reduce gaps, and ensure adherence.
Objective Assurance That Improves Performance
Objective Assurance That Improves Performance
Objective Assurance That Improves Performance
We provide internal audit services independently through our associate company, Actomate (https://www.actomate.ai), to enhance your company’s corporate governance, internal controls, and risk management frameworks. The internal audit is conducted by certified internal audit professional following the International Professional Practices Framework (IPPF) by the Institute of Internal Auditors (IIA).
We provide internal audit services independently through our associate company, Actomate (https://www.actomate.ai), to enhance your company’s corporate governance, internal controls, and risk management frameworks. The internal audit is conducted by certified internal audit professional following the International Professional Practices Framework (IPPF) by the Institute of Internal Auditors (IIA).
Through our internal audit service, clients gain strong assurance, heightened accountability, and confidence in their business operations. This ensures compliance with Labuan FSA requirements and promotes a robust governance environment.
Through our internal audit service, clients gain strong assurance, heightened accountability, and confidence in their business operations. This ensures compliance with Labuan FSA requirements and promotes a robust governance environment.
Our Internal Audit Services Cover:
Our Internal Audit
Services Cover:
Annual Audit Exercise
Conducting comprehensive audits for submission to the Board of Directors and Labuan FSA, covering regulatory compliance, internal controls, and risk management.
AML/CFT Audit Assessments
Independent reviews focused on evaluating adherence to Anti-Money Laundering and Counter Financing of Terrorism policies, procedures, and controls.
Audit Reporting
Delivering clear, actionable recommendations to improve internal processes and strengthen compliance and control frameworks.
Captive Formation & Licensing
Audit Reporting
Audit Reporting
Managing the end-to-end process of setting up a captive insurance or reinsurance company in Labuan, including business plan preparation, regulatory submissions and securing approval from Labuan FSA.
Delivering clear, actionable recommendations to improve internal processes and strengthen compliance and control frameworks.
Delivering clear, actionable recommendations to improve internal processes and strengthen compliance and control frameworks.
Regulatory Compliance Support
Risk Management Review
Risk Management Review
Assisting in meeting all Labuan regulatory requirements, including reporting, and maintaining economic substance standards for captives.
Assessing the adequacy and effectiveness of risk management policies and procedures.
Assessing the adequacy and effectiveness of risk management policies and procedures.
Risk Management Review
Assessing the adequacy and effectiveness of risk management policies and procedures.
Internal Control Evaluation
Reviewing and testing the integrity of the company's internal control systems.
Corporate Governance Support
Ensuring internal audit functions align with governance best practices and regulatory requirements.
Assurance and Accountability
Assisting clients maintain transparency, control, and readiness for external audits.
Get in Touch
Address:
Unit 2-05, Level 2, Labuan Times Square, Jalan Merdeka 87007 Labuan F.T., Malaysia.
@2025. All rights reserved.
Terms & Condition
Privacy Policy
Get in Touch
Address:
Unit 2-05, Level 2, Labuan Times Square, Jalan Merdeka 87007 Labuan F.T., Malaysia.
@2025. All rights reserved.
Terms & Condition
Privacy Policy
If you still have questions, check
our frequently asked questions.
Get in touch with us
01
What is a captive?
A captive insurance company
An in-house insurance company. A captive is created to insure the assets, liabilities and other risks of its parent company.
Deploy Consultation
02
What are the benefits of captive?
Customise insurance cover
Cover for uninsurable risks Access to global reinsurance Stable insurance premiums Enhance risk management Reduce overall risk costs.
Deploy Consultation
03
What we can do for captives?
One of LIMSL’s niche services
Offers a fully integrated service centre to assist you to set up the captive in Labuan; starting with preliminary discussions with you on the feasibility of the captive all the way to guiding you in the licence application.
Deploy Consultation
04
How does it work?
Most countries have an admitted insurer ruling
In a typical arrangement, the parent company of the captive will insure with a local admitted insurer. The fronting insurer then either retains some share and reinsure the balance or reinsures everything to the captive.
Deploy Consultation
Contact Us
If you still have questions, check our frequently asked questions.
Get in touch with us
01
What is a captive?
A captive insurance company
An in-house insurance company. A captive is created to insure the assets, liabilities and other risks of its parent company.
Deploy Consultation
02
What are the benefits of captive?
Customise insurance cover
Cover for uninsurable risks Access to global reinsurance Stable insurance premiums Enhance risk management Reduce overall risk costs.
Deploy Consultation
03
What we can do for captives?
One of LIMSL’s niche services
Offers a fully integrated service centre to assist you to set up the captive in Labuan; starting with preliminary discussions with you on the feasibility of the captive all the way to guiding you in the licence application.
Deploy Consultation
04
How does it work?
Most countries have an admitted insurer ruling
In a typical arrangement, the parent company of the captive will insure with a local admitted insurer. The fronting insurer then either retains some share and reinsure the balance or reinsures everything to the captive.
Deploy Consultation
Contact Us
If you still have questions, check our frequently asked questions.
Get in touch with us
01
What is a captive?
A captive insurance company
An in-house insurance company. A captive is created to insure the assets, liabilities and other risks of its parent company.
Deploy Consultation
02
What are the benefits of captive?
Customise insurance cover
Cover for uninsurable risks Access to global reinsurance Stable insurance premiums Enhance risk management Reduce overall risk costs.
Deploy Consultation
03
What we can do for captives?
One of LIMSL’s niche services
Offers a fully integrated service centre to assist you to set up the captive in Labuan; starting with preliminary discussions with you on the feasibility of the captive all the way to guiding you in the licence application.
Deploy Consultation
04
How does it work?
Most countries have an admitted insurer ruling
In a typical arrangement, the parent company of the captive will insure with a local admitted insurer. The fronting insurer then either retains some share and reinsure the balance or reinsures everything to the captive.
Deploy Consultation
Contact Us
Have more specific needs? We’d be delighted to listen and find solutions tailored to your business.
Speak With an Advisor
Have more specific needs? We’d be delighted to listen and find solutions tailored to your business.
Speak With an Advisor
Have more specific needs? We’d be delighted to listen and find solutions tailored to your business.
Speak With an Advisor