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Singapore-registered Family Offices Under Scrutiny

Sarah Jane Mahmud, Senior Analyst, Bloomberg Intelligence

06-Feb-24 07:30

Singapore-registered Family Offices Under Scrutiny

Singapore has been seeing an influx of wealthy families interested in setting up single family offices in Singapore with an interest to tap into tax incentives. As money-laundering cases are also becoming a growing concern, authorities are weighing tougher measures. Sarah Jane Mahmud, a senior analyst at Bloomberg Intelligence, shares her views on this issue.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Keith Kam


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Categories:  economy,  international,  corruption

Tags:  single family offices,  private wealth singapore,  singapore banking,  singapore,  money laundering, 


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