Dentons Rodyk’s Post

Recruiting and retaining talent is a perennial issue for family offices. This is another good reason for global talent to consider a move into the sector - and to Singapore specifically. #familyoffice #privatewealth

A Family Office provides an effective platform for efficient and secure wealth preservation and enhancement for present and future generations, and extends to the family’s private wealth structures such as their trusts, foundations, companies, partnerships, or similar structures. As stated in the Financial Services Act (Family Office) Roles 2020, the family office, whether it is an MFO or SFO may be – (i) wholly-owned by family clients; and (ii) exclusively controlled by family members or family entities. #Mauritius #FamilyOffice #WealthManagement #InvestmentOpportunities #Órama

Equity, once granted, is the employee’s from then on, right? And it should be that way. Your team should be able to rely on the equity they’re being granted. But still, there are times when you need to make changes. Changes to the post termination exercise period, or the vesting schedule, or acceleration … there are a lot of ways the grant documentation may need to change. Luckily, as with everything international equity, we’ve made that problem disappear. We take your grant modification process down to just a few minutes. Make the adjustments you need and get board approval in no time. Check it out 👇 #equity #equitygrant #esop #employeebenefits #employeeengagement #remote #easop https://lnkd.in/gx9p9t_q

The evolution and sophistication continues to be on the rise, including in Luxembourg

Family offices are continuing to grow apace, with the Middle East and APAC leading the charge. However, an increasingly common set of challenges is emerging.   According to Hedgeweek’s ‘Family Offices of the Future’ Report, operational complexity and high external costs are frequently cited as significant hindrances for family offices seeking to expand their horizons and optimise their performance.   ‘Family Office as a Service’ offers one innovative solution – applying a proven model (outsourcing) to family offices to resolve their complex needs, manage their wealth, and save them valuable time.   As a one-stop shop for all family office needs, we help dynamic, strategically minded family offices tackle these common challenges – and more – to facilitate their continued growth and prosperity.   Click here to access the report: https://lnkd.in/dw4E3suf   #FamilyOffices #MiddleEast #APAC #WealthManagement #Investing #FOAS #Octagon

We are thrilled to share our latest article, "Singapore Family Offices: Paving the Way Towards Quality Over Quantity," authored by Kim Kit OW, Teck Chai Yap and Kang Ren L., which has been published in IFC Review.   This article explores the transformative trends within Singapore's family office space, emphasizing a pivotal shift towards attracting only the best to Singapore. As Singapore continues to evolve as a global financial hub, we delve into how this focus on excellence is reshaping the future of wealth management in the region.   🔗 Read the full article here: https://lnkd.in/gXJWB3jz   #Singapore #familyoffices #highnetworth #IFCReview #finance #insights #law #privatewealth #AML #compliance

Singapore continues to be a global leader in refining its regulatory requirements to ensure that family offices that intend to set up shop in Singapore contribute to the city-state in a meaningful manner. Curious to learn more about how Singapore is reshaping private wealth and family offices? Check out the article in the link below: #Singapore #privatewealth #familyoffices #finance #funds #fundmanagement #highnetworth

Further to my earlier post and article, it comes as no surprise that MAS has provided that with effect from 1 October 2024, all new tax incentive applications for fund vehicles managed by family offices must be accompanied by a screening report issued by a Screening Service Provider. Although there is no one-size-fits-all solution when it comes to preventing money laundering, this is certainly one way to strengthen due diligence checks to confirm that incoming assets come from clean sources. These changes no doubt forms part of Singapore’s continuing efforts to maintain the effectiveness of its anti-money laundering (AML) regime amidst an evolving risk landscape. (For more information, please visit: https://lnkd.in/g8KU-wMk)

Luxembourg's Rise as a Family Office Hub 📈 Amid a global surge in family offices, Luxembourg emerges as a key player for optimizing setups. Luxembourg's regulated environment and tailored laws make it an attractive jurisdiction for family offices seeking asset protection and international investment opportunities. #FamilyOffice #WealthManagement #Luxembourg #AlternativeInvestments"

𝗪𝗔𝗧𝗖𝗛 // This is an example of how Employee Share Ownership Schemes can work in South Africa. Don’t frown on including employees in ownership. If done properly this is how it works and everyone wins!!! 𝑹𝑬𝑷𝑶𝑺𝑻 𝒇𝒓𝒐𝒎 𝑻𝑬𝑫 𝑻𝒂𝒍𝒌𝒔: 𝑊ℎ𝑎𝑡 𝑖𝑓 𝑦𝑜𝑢 𝑜𝑤𝑛𝑒𝑑 𝑠ℎ𝑎𝑟𝑒𝑠 𝑖𝑛 𝑡ℎ𝑒 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑦𝑜𝑢 𝑤𝑜𝑟𝑘 𝑓𝑜𝑟? 𝐴𝑐𝑐𝑜𝑟𝑑𝑖𝑛𝑔 𝑡𝑜 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑒𝑥𝑝𝑒𝑟𝑡 𝑃𝑒𝑡𝑒 𝑆𝑡𝑎𝑣𝑟𝑜𝑠, 𝑡ℎ𝑖𝑠 𝑖𝑠 𝑡ℎ𝑒 𝑘𝑒𝑦 𝑡𝑜 𝑘𝑒𝑒𝑝𝑖𝑛𝑔 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 ℎ𝑎𝑝𝑝𝑦 𝑎𝑛𝑑 𝑚𝑜𝑡𝑖𝑣𝑎𝑡𝑒𝑑. 𝐼𝑛 ℎ𝑖𝑠 #TED2024 𝑡𝑎𝑙𝑘, ℎ𝑒 𝑠ℎ𝑎𝑟𝑒𝑠 ℎ𝑜𝑤 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒 𝑠𝑡𝑜𝑐𝑘 𝑜𝑤𝑛𝑒𝑟𝑠ℎ𝑖𝑝 𝑏𝑒𝑛𝑒𝑓𝑖𝑡𝑒𝑑 ℎ𝑖𝑠 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑎𝑛𝑑 𝑐ℎ𝑎𝑛𝑔𝑒𝑑 𝑡ℎ𝑒 𝑝𝑒𝑜𝑝𝑙𝑒 𝑤ℎ𝑜 𝑤𝑜𝑟𝑘𝑒𝑑 𝑡ℎ𝑒𝑟𝑒’𝑠 𝑙𝑖𝑣𝑒𝑠 𝑓𝑜𝑟𝑒𝑣𝑒𝑟. 𝐻𝑒 𝑒𝑥𝑝𝑙𝑎𝑖𝑛𝑠 𝑡ℎ𝑎𝑡 𝑡ℎ𝑖𝑠 𝑡𝑦𝑝𝑒 𝑜𝑓 𝑤𝑒𝑎𝑙𝑡ℎ 𝑐𝑟𝑒𝑎𝑡𝑖𝑜𝑛 ℎ𝑒𝑙𝑝𝑠 𝑤𝑜𝑟𝑘𝑒𝑟𝑠 𝑎𝑛𝑑 𝑡ℎ𝑒𝑖𝑟 𝑓𝑎𝑚𝑖𝑙𝑖𝑒𝑠 𝑎𝑛𝑑 𝑢𝑝𝑙𝑖𝑓𝑡𝑠 𝑒𝑛𝑡𝑖𝑟𝑒 𝑐𝑜𝑚𝑚𝑢𝑛𝑖𝑡𝑖𝑒𝑠. Contact BBBEE Wise today, and let us help you establish an Employee Share Ownership Scheme for your company: +27 11 849 8238 info@bbbeewise.co.za www.bbbeewise.co.za . . . #BBBEEWise #CorporateBBBEEAdvisors #BBBEE #EmployeeShareOwnership #Benoni #SouthAfrica #WisdomEmpowersYou