The Minister of Finance is the
responsible minister under all the legislation. The Authority is
appointed by His Majesty The Sultan And Yang Di-Pertuan of Brunei
Darussalam and is personified by the Permanent Secretary of the Ministry
of Finance (MOF). The BIFC division is multi-disciplinary. The
officers comprise of lawyers, accountants, economists, securities experts
and senior administrative staff.
The Registrar of International Business
Companies and Limited Partnerships is in charge of a Registry, which, for
confidentiality and administrative reasons, is a part of BIFC. The
Registry is within MOF and quite separate from the domestic
registry. The Authority is basically a regulator, but has an
educational role which is played in conjunction with promotional
activities undertaken by the private sector.