Paradise Papers seen to trigger wealth firm M&A, exits

Nov 16, 2017

While no wrong-doings were revealed in the recent data leak, wealth clients will have to get used to the increasing demand for transparency, experts said.

Paradise Papers seen to trigger wealth firm M&A, exits

The so-called Paradise Papers leak is likely to lead to greater regulatory scrutiny of wealth managers in offshore jurisdictions such as Singapore and Hong Kong, which could hasten the exit of smaller or marginal players from the region, according to some experts.

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