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Asian HNWIs’ search for privacy “consigned to history”

Asian HNWIs’ search for privacy and confidentiality has been “consigned to history” as the region’s wealthy increasingly favour transparency in tax and other regulatory compliance, according to Jersey Finance, a market-promoting body funded by Jersey’s government and financial services sector. In a recent survey conducted by Jersey Finance, more than 48% of respondents — comprised of private banks, wealth managers…

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