The information regarding the ultimate beneficial owner of a Labuan company is not publicly available, but it is required to be kept updated and reported to the Labuan Financial Services Authority (Labuan FSA) as part of the compliance with anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations. The companies are required to identify and verify the beneficial owners of the legal entities and to maintain accurate and up-to-date records of this information. The Labuan FSA has the power to access this information and to share it with other regulatory authorities upon request, in compliance with the international standard of AML/CFT regulations.