The Monetary Authority of Singapore (MAS) announced that single family offices will have to meet stricter criteria in order to qualify for the tax exemptions under sections 13O and 13U of the Income Tax Act (ITA). These new criteria will take effect for applications received from 18 April 2022 onwards.
As markets emerge from COVID-19 lockdowns, the financial services sector is taking stock of the pandemic’s impact, and future working practices. Against this backdrop, female Grant Thornton partners working with financial services clients around the globe share their perspectives on advancing female leaders in the sector, and enabling financial services businesses to realise the performance benefits of an inclusive culture.
2020 was the sort of year that few expected, and no one wanted. As we face a second year living with the effects of COVID-19, how do Financial Services companies view the immediate future and what plans do they have to move forward?
Distributed ledgers have grown beyond their cryptocurrency roots and the once-emerging technology is at last ready for your business to put it to work right now.
The future of the insurance landscape is changing and the impact of strategy on mid-market companies is increasing.