Malaysia’s government, through the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM), will continue oversight of family offices managing significant individual assets to ensure compliance and prevent illegal activities. Finance Minister II Datuk Seri Amir Hamzah Azizan highlighted that the ministry recognizes concerns regarding potential misuse for terrorism financing or money laundering and will enforce existing regulations under the Prevention of Terrorism Financing and Money Laundering Act (AMLA). The SC and BNM will maintain stringent monitoring, especially concerning capital transfers. The initiative aims to stimulate economic growth by attracting foreign investments, with funds directed toward domestic ventures. The SC’s September requirements for family office incentives at Johor’s Forest City Special Financial Zone include a 10-year tax benefit, extendable by another decade.