Singapore has proven a popular place for ultra-high-net-worth individuals to set up a family office here because of its high standard of living, abundance of international tax treaties and strict privacy rules. Lee Woon Shiu, Regional Head of Wealth Planning, Family Office and Insurance Solutions, DBS Private Bank gives an analysis on what family offices are and how will the COVID-19 global pandemic impact Singapore’s position as a family office hub.

<p>Singapore has proven a popular place for ultra-high-net-worth individuals to set up a family office here because of its high standard of living, abundance of international tax treaties and strict privacy rules. <strong>Lee Woon Shiu, Regional Head of Wealth Planning, Family Office and Insurance Solutions, DBS Private Bank&nbsp;</strong>gives an analysis on what family offices are and how will the COVID-19 global pandemic impact Singapore&rsquo;s position as a family office hub.</p>

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