2026-06-11
Added · Updated
The revised framework for Single Family Offices (SFOs) takes effect on 15 June 2026, providing a structure-agnostic class exemption from licensing for qualifying SFOs operating in Singapore. Qualifying SFOs must notify the Monetary Authority of Singapore (MAS), maintain an account with a MAS-licensed bank, and file an annual return disclosing total assets under management and their bank's name. Existing SFOs have a transitional period until 15 June 2027 to comply with these requirements.
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