Ocorian: Family offices increase focus on governance

Ocorian: Family offices increase focus on governance

25 september 2024

Wet- en regelgeving ESG
Duurzaam (24) ESG

New global research from Ocorian, a market leader in private client, funds, and corporate services, reveals that family offices are significantly stepping up their focus on governance.

In a study conducted amongst more than 300 family office professionals managing a combined $155 billion in assets, 86% ranked 'having the right governance in place' as their biggest challenge, as regulatory demands and multi-jurisdictional complexities continue to grow.

As family offices become more professionalised, the emphasis on governance has intensified, with a clear majority identifying it as a key concern. This focus is reflective of the broader industry trend toward enhanced scrutiny and regulatory oversight, as family offices — many of which operate across different jurisdictions — face diverse and increasingly stringent compliance obligations.

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