Singapore-registered Family Offices Under Scrutiny

Sarah Jane Mahmud, Senior Analyst, Bloomberg Intelligence

06-Feb-24 07:30

Singapore-registered Family Offices Under Scrutiny

Pause
Embed

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

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, international, corruption

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

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) We take a flavourful dive into the world of Korean fried chicken with Terry Goh, CEO of KyoChon Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) From the epic montage scene in Sinners, to Powerhouse from Coolie, and the unforgettable theme of Severance, 2025 has been a great year for scores and soundtracks. In this special, music-centred episode of Popcorn Culture, we look back at our favourite B-Sides of the year.

1:00 PM

Cruise Control

(REPEAT) If you're in the market for a used, old school sports sedan, should you consider the Mitsubishi Lancer GT, or the Proton Inspira? Daniel Fernandez from dsf.my shares his thoughts!

2:00 PM

Matt-Splained

(REPEAT) Rich Bradbury and Matt Armitage bellyflop into the murky world of brand authenticity. As consumers become increasingly vocal and energized, they are directing their spending towards companies they believe share and reflect their worldview.

3:00 PM

Earth Matters

(REPEAT) In this ‘Best of 2025’ replay, we hear from anthropologist Dr. Christine Padoch about her book Return to Nanga Jela, which revisits an Iban longhouse community in Sarawak lost beneath the Batang Ai Dam.

4:00 PM

Bar None

(REPEAT) Jeremy Ho, Founder of BHub Bouldering joins us to talk about the appeal of rock climbing and what's the community like here in Malaysia.

5:00 PM

BBC World Service

In this episode of The Conversation, Ella Al-Shamahi speaks to two women in India and Uganda who’ve created grass roots fitness communities exclusively for women.

PROGRAMMES