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Singapore family office approvals speed up but frictions persist

Nishtha Asthana
Singapore’s push to accelerate its role as Asia’s top family office hub is hitting all too familiar roadblocks, according to leading experts.
Singapore family office approvals speed up but frictions persist

Singapore is accelerating family office approvals, but banking and staffing bottlenecks remain the real choke points. Families face hurdles in opening accounts and hiring trusted talent, even as the city strengthens its position as Asia’s premier wealth hub.

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