Yes till now still many setting up family office and trust companies
.
No.1 famous money laundering hub
OMG!
The general impression is they have intentionally created the whole system for large global money laundering with pretext to attract family office.
So smart and creative..
(05-10-2023, 09:58 PM)sgbuffett Wrote: [ -> ]
It seems like the system was not properly regulated and was simply created for anyone to open an account and deposit remittances from overseas..
No question was asked about the legality and the source
(05-10-2023, 10:20 PM)Cmpunk Wrote: [ -> ]Yes till now still many setting up family office and trust companies
SPH, NTUC . . . are also a Family Office