The Monetary Authority of Singapore (MAS) has appointed Ernst & Young Advisory Pte. Ltd. (EY) as one of six screening service providers (SSPs) to assist in reviewing family office tax incentive applications. Beginning 1 October, all such applications to MAS must include a screening report from an authorised SSP. This report will assess potential links to money laundering, terrorism financing, and other serious offences. As an SSP, EY will leverage its EY Screening Hub, a sophisticated platform equipped with an advanced screening engine that integrates with global watchlists, databases, and media collections. This ensures precise name screening, enabling comprehensive checks on family offices to ensure compliance with MAS regulations and to safeguard against financial crimes.