Answer
They must follow Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) rules, and report under CRS/FATCA if managing reportable accounts.
Question:What compliance requirements apply to family offices?
Brief Answer: -
Disclaimer:
This article is intended for informational purposes only. It does not constitute legal, financial, or tax advice. Please consult a licensed professional for personalized guidance.
This article is intended for informational purposes only. It does not constitute legal, financial, or tax advice. Please consult a licensed professional for personalized guidance.