Regulations

GLOBAL CAPITAL MARKET LIMITED (“the Company / GCFX”) (Company No.: LL16397) was incorporated on 26 November 2019
and granted with Money Broking Business license (License Number: MB/20/0056) by Labuan Financial Services Authority
(“Labuan FSA”), Federal Territory of Labuan, Malaysia in the year 2020.
In pursuant to ‘Guidelines on Money Broking Business in Labuan IBFC’ issued by Labuan FSA, Money Broking Business is defined
as the business of arranging transactions between buyers and sellers in the money or foreign exchange (and other trading tools)
markets as an intermediary in consideration for brokerage fees paid or to be paid.
Under supervision of Labuan FSA as its Regulatory Body, GCFX is governed by Labuan legislations which include (but not limited
to) Labuan Companies Act 1990, Labuan Financial Services & Securities Act 2010 and others. In addition to the above, GCFX’s
operation also is strictly guided by United Nations Security Council Resolutions, list of high risk countries (and under monitoring
jurisdictions) as issued and imposed by Financial Action Task Force, requirements of local & competent Authority(ies), as relevant
and announced from time to time.