Singapore family office incentives are under scrutiny as authorities review a 2018 vehicle linked to Prince Holding Group chairman Chen Zhi, following his indictment in the US for allegedly directing a cyber-fraud network. Thailand’s Cyber Crime Investigation Bureau said it will coordinate with US agencies on potential asset seizures, while Singapore police are reviewing the case with overseas counterparts. US officials have seized around USD15bn in bitcoin, while the UK froz

China’s financial regulators have proposed a China AML reform to remove the requirement for individuals to declare the source or purpose...

The Hong Kong Monetary Authority (HKMA) has issued AML fines against Indian Overseas Bank (IOB), Bank of Communications (BCOM), and its...

Singapore will shorten the waiting period for wealthy individuals establishing family offices to access tax incentives from 12 months to...

Singapore’s Monetary Authority (MAS) has fined five major payment firms a total of SGD960,000 (USD753,000) for breaches in anti-money...