Adept Corporate Services

From 15 June 2026, the Monetary Authority of Singapore is streamlining how Single Family Offices operate. If you're a family office, a trustee, or advising one, here's what you need to know—without the jargon.

What's Changed

Instead of navigating different exemptions and applying for case-by-case approvals (which could take time and involve legal opinions), SFOs can now operate under a cleaner, structure-agnostic class exemption. In plain terms: no licensing required, but a few straightforward requirements.

What SFOs Need to Do

- File a Notice of Commencement of Business with MAS within 14 days of starting

- Keep bank accounts with a MAS-licensed bank (for both your SFO and fund vehicle)

- File an annual return each year—same timeline as other regulated entities

That's it. No more lengthy exemption applications.

New individual's overseas investment regulation (effective July 2026) for Chinese investors leaves many business scrambling.

"Is my investment compliant?"
"Will this affect my expansion plans?"
"What counts as disclosure?"

The confusion is understandable—this is the first formal framework of its kind.

The Opportunity: The firms that master this regulation early will have a competitive advantage. They'll move faster, with more confidence, and with lower risk.

Here's what we've learned from our clients:

1. Transparency is your friend. Full disclosure actually *speeds up* the approval process.
2. Not all investment is restricted. Government actively supports certain directions.
3. Planning matters. A compliant strategy takes weeks to develop. Fixing a violation takes months.

If you're planning overseas expansion or managing cross-border wealth, the time to understand this framework is now—not when you're already invested.

That's where Adept Corporate Services comes in. We help our clients navigate these complexities across multiple jurisdictions.

Ready to talk? Let's connect.