Hong Kong Launches Family Office Playbook
In an effort to further facilitate ultra-rich individuals considering settling in Hong Kong, the city has launched a playbook to guide the establishment of family offices.
«The Family Office Playbook» has been launched in a collaboration between Bloomberg and the Financial Services and Treasury Bureau of the HKSAR Government which celebrates the one-year anniversary of their partnership called the Hong Kong Family Office, according to a statement.
The playbook will act as a comprehensive guide designed to assist family offices seeking to establish or expand their presence in Hong Kong. Topics covered include governance, legal structures and planning; licensing and compliance essentials; allocation strategies in Hong Kong’s markets; best practices in operations, technology and talent; and intergenerational wealth transfer and legacy planning.
The playbook also includes senior executive contributions from industry leaders such as NF Trinity, Landmark Family Office, the Harilela family and the Private Wealth Management Association.
