The Monetary Authority of Singapore (MAS) announced tighter rules for family offices as assets under management surge.
Singapore’s appeal as a hub for high-net-worth families has accelerated in 2025, with over 1,800 family offices now operating in the city-state. To ensure compliance, MAS has introduced stricter reporting requirements on source of funds, beneficial ownership, and tax transparency.
Industry analysts believe these changes reflect both international pressure on anti-money-laundering measures and Singapore’s long-term ambition to remain a trusted financial hub. While the new rules may slow down new registrations in the short term, experts say they will strengthen the credibility of Singapore’s wealth management ecosystem.
FAQ:
- Q1: Will existing family offices be affected? Yes, they must comply with enhanced reporting by 2026.
- Q2: Does this reduce Singapore’s appeal? Likely not—its stability and tax system remain unmatched. Tags: Singapore, Family Office, MAS Regulations