Singapore's central bank and financial regulator, the Monetary Authority of Singapore (MAS), has relaxed requirements for single family offices to enhance their ability to attract and retain key talent. The new guidelines, issued on November 7, allow these offices to grant equity stakes of up to 10% to non-family key employees, including C-suite executives and executive directors. These employees can now invest alongside the family but must sell their stakes back within 12 months if they leave. Additionally, single family offices have been granted more time to file financial accounts, extending the deadline to four months after their financial year-end, easing previous reporting burdens. The move follows Malaysia's recent scheme offering zero tax rates for up to 20 years to wealthy families establishing offices in the Forest City special economic zone near Singapore.