A short interruption can expose years of unspoken assumptions. A 72-hour operating doctrine gives a family office enough authority, information and restraint to keep essential work moving. Imagine a Monday morning. The principal is unreachable, the chief executive is on a flight, payroll needs release, a trustee wants confirmation of an instruction and a technology provider has issued a security alert. Each matter is manageable. Together, they reveal whether the office is a

Kaohsiung family offices are playing an increasingly important role in Taiwan's ambition to become a leading Asian asset management centre, with banks in the city's financial zone now advising 189 family offices. The Financial Supervisory Commission said these family offices oversee NTD91.5bn (USD2.8bn) in assets. During the zone's first year, 57 financial institutions, including banks, insurers and investment firms, established operations. Banks are also serving 427 wealth m

Singapore assets under management increased 10% during 2025 to SGD6.7tr (USD5.2tr), supported by stronger financial markets and rising international capital inflows, according to a Monetary Authority of Singapore survey. Traditional asset classes, including equities and bonds, expanded 9%, while alternative investments such as private equity, venture capital, hedge funds and real estate grew 0.4%. Overseas investors accounted for 76% of assets, with 88% invested international

South Korea leveraged ETFs could face further restrictions as regulators seek to reduce market volatility and strengthen protection for retail investors. Finance Minister Koo Yun-cheol and senior financial officials recently discussed proposals that could limit single-stock leveraged exchange-traded funds to 20% of an individual's investment portfolio. Officials said these products had contributed to heightened market volatility and agreed that further safeguards should be in

A major Vietnam capital markets reform programme aims to expand outstanding bonds to around 60% of gross domestic product by 2045 while making capital markets a significantly larger source of long-term financing. Under Decision 1413/QD-TTg, Vietnam will tighten credit-rating requirements, broaden bond products and modernise market infrastructure after outstanding bonds reached around 34% of GDP during 2025, below earlier targets. Planned reforms include infrastructure, ESG an

Taiwan family offices are increasingly turning to Singapore to institutionalise wealth, expand internationally and prepare for intergenerational succession as Taiwan's AI-driven economic boom creates a new generation of ultra-high-net-worth families. Wealth managers and legal advisers reported a sharp increase in enquiries over the past year for trusts, single-family offices, variable capital companies and investment fund structures. KGP Legal said it had received more than 1

Family office governance must become more structured if wealthy families are to achieve successful intergenerational transitions, according to executives speaking at the VCCircle Family Office Summit 2026. Panellists said many family offices are increasingly separating ownership from day-to-day management by appointing chief investment officers and adopting formal investment policy statements, family constitutions and dispute-resolution mechanisms. Younger generations are als

Societe Generale Asia has appointed former UOB executive Joseph Chia as head of supply chain management for Asia Pacific as the bank expands its transaction banking franchise. Based in Singapore, Chia will oversee accounts receivable and payable solutions across the region, reporting jointly to Asia Pacific transaction banking head Soo Tat Kua and Societe Generale Factoring Chief Executive Aurélien Viry. He joins from UOB, where he served as senior vice-president for financia

Thailand AI adoption should move beyond isolated pilot projects and become embedded across core business operations if organisations are to unlock the technology's full economic value, according to Google Cloud Thailand. Country manager Saruj Thipsena said enterprise-wide deployment could generate THB1.4tr (USD43bn) in economic value over the next five years. He said organisations require consistent AI governance, secure access to internal data, collaboration across departmen

A Hong Kong family office yacht investment by TGG Group will support Central Yacht’s expansion across China’s Greater Bay Area and the development of vessels tailored to Asian owners. TGG Group, the single-family office led by Barry Lau, has invested in the yacht designer, builder and operator, with Lau joining Central Yacht as a partner. The agreement combines TGG’s capital and regional commercial network with Central Yacht’s experience in owner representation, new-build sup

The Taiwan economic indicator remained at a red level in June for a seventh consecutive month as strong artificial intelligence demand continued to support exports, industrial sales and investment. The National Development Council said the composite business monitoring score increased by two points from May to 41, marking the second-longest red-level streak on record. Leading and coincident indicators also strengthened. Demand for semiconductors, chips and servers continued t

The KPay Singapore licence application has received in-principle approval from the Monetary Authority of Singapore, allowing the fintech company to move closer to expanding regulated payment services. Subject to satisfying MAS conditions and obtaining final approval, KPay Merchant Service Singapore will be authorised to provide merchant acquisition, domestic money transfers and cross-border transfer services under a major payment institution licence. KPay already serves more

Proposed Philippines tax reforms covering workers, small businesses and energy costs have become central to President Ferdinand Marcos Jr.’s final legislative push. In his fifth State of the Nation Address, Marcos urged Congress to exempt employees earning up to PHP350,000 (USD5,679) annually from income tax, remove the minimum corporate income tax for micro, small and medium-sized enterprises and approve a one-time tax amnesty. He also called for amendments to the Electric P

Global wealthy families are increasingly spreading assets, businesses and residency rights across multiple jurisdictions as geopolitical uncertainty and tax reforms reshape international wealth planning. The Henley Private Wealth Migration Report 2026 ranked the United Arab Emirates as the world’s most competitive destination for internationally mobile wealth with a score of 85.3. Singapore placed second, followed by New Zealand, the Cayman Islands and Cyprus. Henley & Partne

HSBC Singapore hiring will add more than 200 employees across artificial intelligence and wealth management as the lender expands two businesses central to its Asian growth strategy. HSBC plans to recruit more than 100 AI specialists and a further 100 wealth managers. A new Singapore AI centre is expected to open during the second half of 2026, with roles spanning natural language processing, data science, AI governance and human-centred design. The centre will focus on perso

RBC Wealth Management Asia has appointed six senior private bankers across Hong Kong and Singapore as competition intensifies for experienced relationship managers serving wealthy Asian clients. In Hong Kong, the firm appointed Ivy Ma as executive director, Jackson Huang as director and Malcolm Chai as associate director. Ma joins from Standard Chartered, while Huang previously worked at Bank J. Safra Sarasin, DBS, Julius Baer and Goldman Sachs. Chai arrives from UBS. In Sing

New Singapore sustainability reporting standards have been proposed by the Accounting and Corporate Regulatory Authority, combining mandatory climate disclosures with voluntary reporting on broader sustainability matters. The draft Singapore Sustainability Disclosure Standards are based on the International Sustainability Standards Board’s S1 and S2 frameworks. Climate-related disclosures aligned with S2 would be compulsory, while the wider S1 sustainability requirements woul

Singapore investment tax cuts are under consideration as Hong Kong strengthens its appeal to global fund managers, private equity firms and family offices while attracting senior finance professionals back to the city. The Monetary Authority of Singapore is consulting the investment industry about possible reductions amid concern that Hong Kong’s proposed reforms could improve its competitiveness. Hong Kong plans to broaden the definition of investment funds, ease tax exempti

The Peter Lee family office is accelerating its expansion into Central Asia through planned investments exceeding USD1bn in green energy projects in Kazakhstan. Alan Chan Ying-lung, managing partner of Full Vision Capital, the family office of Henderson Land Development co-chairman and managing director Peter Lee Ka-kit, said the firm is advancing projects in Astana involving sustainable aviation fuel, smart energy storage and related clean technologies. Trial production usin

The HKMA quantum readiness programme aims to prepare Hong Kong’s banking sector fully for quantum-related cybersecurity risks by 2030 after the regulator’s first industry index revealed limited progress. The Hong Kong Monetary Authority’s Quantum Preparedness Index scored the banking sector at just 2.3 out of 10. Around 68% of surveyed banks had reached the awareness, planning or pilot stage, while 32% had yet to begin preparing for the transition. Approximately half lacked a