The Monetary Authority of Singapore (MAS) released updated guidance in March 2026 on Section 13O and 13U Single Family Office (SFO) structures. The guidance clarifies the substance requirements that have been at the centre of operator practice since the 2023 review.
Key updates: minimum AUM thresholds confirmed at S$10M (13O) and S$50M (13U), with revised investment-professional headcount requirements (2 IPs minimum across both tracks) and clearer rules on related-party investments.
For Global Investor Programme (GIP) applicants pursuing the Family Office track, the MAS guidance lowers the operational lift of qualifying. Citizen Sure's APAC desk has structured 14 SFO/GIP combinations in 2025 alone; the 2026 guidance reduces typical setup time from 6–9 months to 4–6.
