The Monetary Authority’s proposed anti-money laundering framework for single-family offices has been interpreted as ambiguous in some respects, and too prescriptive in others.
Tag : singapore"
AsianInvestor launches its new weekly column titled 'This week in asset owner history', which looks back at past events and how they have unfolded today.
Hong Kong's Exchange Fund posted a third-quarter investment loss after five quarters of gains; the Monetary Authority of Singapore said it would raise the slope of its currency policy band up from its current 0%; the Korea Investment Corporation surpasses $20 billion in AUM for the first time; RB Family Office to buy 12 four-storey conservation shophouses in Singapore; and more.