The Novum Times

Tag: Supervision

  • Singapore Must Toughen Chinese Family Office Supervision

    Singapore Must Toughen Chinese Family Office Supervision

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    The Novum Times
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    [ad_1] By: Toh Han Shih The recent bust involving nearly US$1 billion in laundered money shows the need for tougher scrutiny of the fast-growing number of Chinese family offices in Singapore, with reports of the extravagant lifestyles of some of the suspects highlighting the glaring wealth disparity between rich Chinese emigres and many Singaporeans struggling…