single family office

Forest City’s revival plans reel in crypto bros - THE EDGE SINGAPORE

Singapore-Malaysia ties

Forest City’s revival plans reel in crypto bros

The Malaysian government is trying to revive the US$100 bil "ghost town" of Forest City with a host of attractive financial incentives. Crypto bros have bitten the bait, will family offices do so too?

Wealth

Singapore will continue to welcome ‘legitimate wealth and 'genuine investments' among others: Chee Hong Tat

The minister adds that the number of new single family offices are expected to grow beyond 300 in 2024.

Wealth

Asia Pacific poised to be top investment destination for family offices globally: UBS report

The report drew insights from 320 single family offices across seven regions with an average net worth of US$2.6 billion.

Wealth

Establishing a family office in Singapore will now take as long as 18 months: FT

The wait comes as amid stricter regulations from the Singaporean authorities.
MAS launches public consultation to strengthen defence against money laundering risks in single family offices - THE EDGE SINGAPORE

Wealth

MAS launches public consultation to strengthen defence against money laundering risks in single family offices

Interested parties are invited to submit their comments to MAS by Sept 30.

Wealth

MAS to propose additional measures against SFO money laundering risks

The number of SFOs that were awarded tax incentives by the MAS grew to 1,100 as at end-2022.
APAC family offices increasing allocation in risk assets, alternatives: UBS report - THE EDGE SINGAPORE

Investing strategies

APAC family offices increasing allocation in risk assets, alternatives: UBS report

There continues to be a strong trend among family offices to include alternatives in an effort to diversify.
Singapore raises residency hurdles as popularity grows - THE EDGE SINGAPORE

Singapore economy

Singapore raises residency hurdles as popularity grows

Minimum investments for Global Investor Programme to increase to $10 mil for business, $25 mil for funds

Asset management

Family offices address challenges in safeguarding prosperity

Asia Pacific’s foothold as host to the world’s leading wealth hub will regain momentum in the next five years
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