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.
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.