MAS Revised Licensing Exemption Framework for Single Family Offices Takes Effect from 15 June 2026

22 Jun 2026

The Monetary Authority of Singapore (“MAS”) has introduced a revised licensing exemption framework for single family offices (“SFOs”) operating in Singapore, which took effect on 15 June 2026.

The key change is that the framework is structure-agnostic and provides an automatic class exemption from licensing under the Securities and Futures Act 2001 (“SFA”) for qualifying SFOs. Qualifying SFOs need only notify MAS of their operations, provided they satisfy the applicable conditions.

Existing SFOs operating in Singapore have a one-year transitional period, until 15 June 2027, to comply with the revised framework and file the relevant notification with MAS.

This revised licensing exemption framework is separate from, and does not affect, the requirements under Singapore’s sections 13D, 13O and 13U tax incentive schemes.

Read more here.