Hong Kong and Singapore to remain offshore focused

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Is one of the findings emerging from research undertaken by the Society of Trust and Estate Practitioners (STEP)on trust and estate practice in East Asia.

As the newest and fastest growing region in the world for wealth planning, the report provides useful insight into differences with more established International Financial Centres as well as fresh input into the long running debate on Hong Kong versus Singapore as rival centres of private client wealth management The findings that emerge from the report, published during this week’s STEP Asia Conference in Singapore, both confirm and contradict several widely held external perceptions about trust and estate practice in East Asia. The findings contradict the perception that East Asia ...

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