Singapore family office growth slows amid stringent regulations and longer processing time

Apr 1, 2024

Stricter regulations and extended waiting time for family offices are slowing down the growth of this segment in Singapore, experts told AsianInvestor.

Singapore family office growth slows amid stringent regulations and longer processing time

The wait time for establishing a single family office in Singapore and availing the tax incentives from the regulator has been extended by several months due to increased regulatory scrutiny, causing a slowdown in the pace of family office growth in Singapore.

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