‘Singapore cannot afford to keep losing clients to Dubai and Hong Kong’: Industry says faster onboarding vital for wealth hub edge

Reported by Jean Low As the battle for Asia’s ultra-rich gets more heated, Singapore is moving to sharpen its edge as a leading wealth hub by tackling a growing pain point among wealthy clients and family offices: lengthy onboarding processes. The Monetary Authority of Singapore (MAS) is moving to slash private bank account opening times for ultra-high-net-worth […]