As CRS and BEPS are effectively in Singapore this year, we had the experts from KPMG to share the developments in Singapore. It was an informative session. The speaker shared that for CRS, there were some areas that could benefit from further clarifications to the industry. One such area is in the registration of entities being classified investment entities that are scope as"FI" for CRS purpose. There is for now no alignment of such entities across different jurisdictions and potentially creating arbitrage. On the BEPS front, the action item that attracted most attention is on transfer pricing rule "country by country reporting". When the full extent of the information is exchanged between tax authorities, they would know quite a fair bit of financial data of their taxpayers.

 Click HERE to view event photos.

Contributed by: 

Ms Goh Seow Chee

Managing Director, Wealth Advisory Group at J.P. Morgan

 

 

 

 

 

 

 

 

We were fortunate to have a well-known speaker, Philip Marcovici, be with us to talk about  “the Destructive Power of Family Wealth – A Guide to Succession Planning”.

Philip’s talk mainly focused on the changing world and its impact on the wealth owner. He covered the topic with observations on the Wealth Management Industry and the mismatch with the needs of wealth owning families. He mentioned that holistic planning was what families need and highlighted the tools available to help achieve their objectives.  He further spoke on the challenges for those in the industry in Singapore.  Philip shared his experiences obtained throughout his career and this made it an interesting event for the audience. 

Due to the popularity of the topic and also the speaker, this event was well received by the audience. 

 Click HERE to view event photos.

Contributed by: 

Ms Annette Sui

 

 

 

 

Events Calendar

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