Singapore outlines wealth management vision

A high-level report outlines steps to shift away from banking and forex toward fund management, custody and risk management.

Jame DiBiasio

September 18, 2002

Singapore's Economic Review Committee, a high-powered task force established by Goh Chok-Tong, prime minister, to shape the country's strategic outlook, has just released its recommendations for bolstering Singapore's role as a global wealth management centre. Some of these recommendations are sweeping.

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