NYT | Singapore, a Rising Home for Quiet Money, Comes Under Pressure

NYT | Singapore, a Rising Home for Quiet Money, Comes Under Pressure

NYT | Singapore, a Rising Home for Quiet Money, Comes Under Pressure 1200 675 Blackpeak

Chris Leahy quoted in an article from the New York Times on Singapore becoming “the new Switzerland” for billionaires.

Last year, American law enforcement officials pressed the Swiss bank UBS about Henry Hsiaw, a Taiwan-born American whom they accused of failing to file tax returns. The world has changed since the days when Swiss banks stood as the peak of privacy for the rich.

 

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