Safeguards to Ensure Singapore Family Offices are Not Misused to Facilitate Money Laundering

Ms Sylvia Lim asked the Prime Minister and Minister for Finance (a) whether family offices are being misused to facilitate money laundering in Singapore; and (b) if so, what steps will the Government take to address it.

Mr Gan Kim Yong (for the Prime Minister): This question will be addressed at the next Sitting on 5 November 2025, together with similar Parliamentary Questions. [Please refer to "Data on Sanctioned Individuals Operating Tax-exempt Family Offices Locally", Official Report, 5 November 2025, Vol 96, Issue 10, Oral Answers to Questions section.]