News & Insights

 Our Head of Asset & Wealth Management practice, Tan Woon Hum was recently quoted in the South China Morning Post article on “Is Singapore seeing slowdown of Chinese wealth inflows and should it be worried?”.

Woon Hum noted that none of his clients have left nor indicated plans to leave Singapore. He highlighted that the city-state’s enduring pull factors are its role as an independent international financial centre with sociopolitical stability, a robust asset and wealth management ecosystem, an independent judiciary and a bilingual workforce. Rather than deterring investors, Singapore’s enhanced anti-money laundering measures will attract those with genuine intentions seeking to safeguard their assets, wealth, and family office professionals.

Read the full article here: Is Singapore seeing slowdown of Chinese wealth inflows and should it be worried? | South China Morning Post

At Shook Lin & Bok, our Asset & Wealth Management practice is committed to assisting ultra-high-net-worth individuals and families in safeguarding their wealth and securing their legacy for future generations. Our comprehensive one-stop-shop services span trusts and succession planning, family offices, private family funds, Sections 13O & 13U tax incentives, philanthropy, family governance, wills and probate, immigration and related real estate matters.