Entries by tampinesmixcondo

MAS to propose additional measures against SFO money laundering risks

Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), has clarified that the majority of wealth flooding into Singapore comes from institutional investors, not family offices or high-net-worth individuals. In order to tighten up surveillance and defence against money laundering risks posed by the fast-growing single-family office sector, MAS will be releasing a […]