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Family offices to see longer wait times for SG licenses with incoming rules

Indira Vergis
The application process to get a license for a single family office can now take up to 18 months as regulatory scrutiny intensifies, one anti-financial crime expert said.
Family offices to see longer wait times for SG licenses with incoming rules

Singapore’s plans for a new regulatory framework will further lengthen application approval timelines for single family offices (SFOs), as scrutiny increases and licensing exemptions are streamlined.

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