What is a “family member”? Can an SFO manage the monies of key employees?

Updated by MAS 12d ago

For questions relating to the Revised Framework for Single Family Offices, please refer to the “FAQs on Licensing Exemption Framework for Single Family Offices” dated 12 June 2026.

This information is sourced from MAS.

Topics:

Schemes for Single Family Offices General Questions

Related questions

How can a single family office be exempted from the requirement to hold a CMS licence to conduct fund management activity?

What is the application process and conduct requirements for capital markets services licensees other than fund managers and REIT managers (e.g. broker-dealers, corporate finance advisors, securities financiers, custodians and credit rating agencies) in Singapore?

Do changes in (a) beneficial owners of an S13O/OA/U SFO fund (or beneficiaries where the fund is structured as a trust), (b) shareholders, directors, key employees (C-suites) and investment professionals in the SFO, or (c) new intermediate entities in the holding structure of an S13O/OA/U SFO fund or SFO, need to be reported to MAS after the approval of the S13O/OA/U tax incentive?

Updated 12d ago

If a company is interested in establishing a financial advisory firm in Singapore, what is the application process and admission requirements when applying for a financial adviser’s licence?

Need more help?

Describe your issues to us.