{"id":13804,"date":"2014-01-14T18:50:32","date_gmt":"2014-01-14T17:50:32","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=13804"},"modified":"2014-01-15T10:58:08","modified_gmt":"2014-01-15T09:58:08","slug":"singapore-moving-to-no-1-in-offshore-assets","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/singapore-moving-to-no-1-in-offshore-assets\/","title":{"rendered":"Singapore&#8217;s Role in Offshore Assets"},"content":{"rendered":"<p>Singapore is Asia\u2019s largest private banking center with offshore assets of about $850 billion, Boston Consulting Group\u00a0data shows. Singapore is the second largest offshore center trailing only Switzerland which remains the world\u2019s largest offshore financial center with about $2.2 tn of assets.<\/p>\n<p>Switzerland is expected to remain the largest single offshore center globally, with about 25 percent of total offshore wealth by the end of 2017, compared with 26 percent in 2012. Singapore, in second place, is expected to increase its share from 10 percent to around 12 percent, according to the BCG report.<\/p>\n<p>According to research on global financial trends from WealthInsight, Singapore will overtake Switzerland to become the world\u2019s biggest offshore wealth centre by 2020,<\/p>\n<p>Is the DOJ asking the obvious question: What makes Singapore attractive for offshore asset investments?<\/p>\n<p><a href=\"http:\/\/www.w-t-w.org\/en\/singapore-moving-to-no-1-in-offshore-assets\/now-im-sending-my-money-to-singapore\/\" target=\"_blank\" rel=\"attachment wp-att-13807\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13807\" alt=\"Singapore Offshore Assets\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/Now-Im-sending-my-money-to-Singapore.jpg\" width=\"806\" height=\"606\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/Now-Im-sending-my-money-to-Singapore.jpg 806w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/Now-Im-sending-my-money-to-Singapore-300x225.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/Now-Im-sending-my-money-to-Singapore-399x300.jpg 399w\" sizes=\"auto, (max-width: 806px) 100vw, 806px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><strong>More about on :<\/strong><br \/>\n<strong><a href=\"http:\/\/www.w-t-w.org\/en\/finance\/anti-corruption\/corruption-reports\/\" target=\"_blank\">Corruption Reports<\/a><\/strong><br \/>\n<strong><a href=\"http:\/\/www.w-t-w.org\/en\/anti-corruption-2\/offshore-assets-and-disclosure\/\" target=\"_blank\">Offshore Assets and Disclosure<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore is Asia\u2019s largest private banking center with offshore assets of about $850 billion, Boston Consulting Group\u00a0data shows. Singapore is the second largest offshore center trailing only Switzerland which remains the world\u2019s largest offshore financial center with about $2.2 tn &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/singapore-moving-to-no-1-in-offshore-assets\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,23,13],"tags":[],"class_list":["post-13804","post","type-post","status-publish","format-standard","hentry","category-corruption","category-entrepreneurs","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Singapore is Asia\u2019s largest private banking center with offshore assets of about $850 billion, Boston Consulting Group data shows. 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Switzerland is expected to remain the largest single offshore center globally, with about\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Adela Rogers\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.w-t-w.org\/en\/singapore-moving-to-no-1-in-offshore-assets\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"W-T-W.org - Women and Finance\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Singapore\u2019s Role in Offshore Assets - W-T-W.org\" \/>\n\t\t<meta property=\"og:description\" content=\"Singapore is Asia\u2019s largest private banking center with offshore assets of about $850 billion, Boston Consulting Group data shows. Singapore is the second largest offshore center trailing only Switzerland which remains the world\u2019s largest offshore financial center with about $2.2 tn of assets. Switzerland is expected to remain the largest single offshore center globally, with about\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.w-t-w.org\/en\/singapore-moving-to-no-1-in-offshore-assets\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2014-01-14T17:50:32+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2014-01-15T09:58:08+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Singapore\u2019s Role in Offshore Assets - W-T-W.org\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Singapore is Asia\u2019s largest private banking center with offshore assets of about $850 billion, Boston Consulting Group data shows. 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