Malaysia sees "keen interest" from 'families' with new SFO scheme
Malaysia's new single-family office (SFO) scheme appears to be gaining traction, with wealthy families actively pursuing opportunities to establish operations in the country, according to the Securities Commission of Malaysia (SCM).
Malaysia received "expressions of interest" from 10 families after introducing tax sweeteners to bolster its wealth management position in Asia last year, according to its securities regulator.
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