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Singapore's tougher family office rules likely to attract more wealth

Edward Tang
Experts say the new rules will raise the bar for performance and professionalism in Singapore’s family office industry and attract interest from China, Hong Kong, India, and Indonesia.
Singapore's tougher family office rules likely to attract more wealth

Tighter tax exemption measures for new family offices in Singapore will likely attract high net worth (HNW) families with significant assets under management (AUM) and have a positive impact on local investment and jobs, industry experts believe.

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