Definition of “business trust

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A business trust is a business enterprise structured as a trust. A business trust (“BT”) is a business enterprise structured as a trust....

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    • MAS
    • Speeches

    Last revised date:

    • Ms Angela Kelly, CEO, Lloyds Singapore Ladies and Gentlemen 1.     Thank you for inviting me to join you today. Let me begin by congratulating the Cyber Risk Management Project or CyRiM, on the launch of this very important cyber scenario report. 2.     It has been nearly 3 years since the launch of CyRiM in May 2016.  Since then, the cyber risk landscape has evolved significantly. In an increasingly digitised world, cyber attacks are becoming an almost daily occurrence. Cyber attacks have also become
    • MAS
    • Speeches

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    • Mr Edy Hartono, President of the Financial Planning Association of Singapore (FPAS) Council members of FPAS Distinguished guests Ladies and gentlemen Introduction 1.     Good evening. It is my pleasure to join you today at the Financial Planner of the Year Awards 2019. My congratulations to all Award winners. This is the second year that FPAS has organised these Awards to honour financial advisory or FA representatives who excel in their profession, and demonstrate excellent financial planning skills
    • MAS
    • Speeches

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    •  Opening Address by Mr Koh Yong Guan, Managing Director, Monetary Authority of Singapore (MAS) at The DBS Singapore Dollar Bond Conference 2001 Date: 15 Feb 2001 Good morning, ladies and gentlemen, Introduction I thank DBS for inviting me to this inaugural Singapore Dollar Bond Conference . 2   Since 1998, when MAS first began to actively develop the bond market, it has taken off in ways that have exceeded most people's expectations. Our bond market now offers more opportunities today to both issuers
    • MAS
    • Speeches

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    • 1.     Mr Speaker, I beg to move, “That the Bill be now read a second time.” Introduction 2.     The Bill comprises two broad categories of proposed amendments. The first category relates to amendments to put in place the tax treatment for variable capital companies or “VCCs”. The second category relates to amendments to the VCC Act which was passed by Parliament in October last year. 3.     The VCC is a corporate structure incorporated under the VCC Act which may only be used as an investment fund
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $37,000 was imposed on OrangeTee & Tie for failing to put in place reasonable security arrangements to protect users' personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 3 Case No. DP-2108-B8712 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 OrangeTee & Tie Pte Ltd Organisation And DECISION -------- OrangeTee & Tie Pte Ltd
    • MAS
    • Guidelines

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    • Guidelines to enhance fund management companies’ and real estate investment trust managers’ management of environmental risk. These guidelines set out MAS’ expectations on environmental risk management for all fund management companies and real estate investment trust managers. The guidelines cover: Governance and strategy Research and portfolio construction Portfolio risk management Stewardship Disclosure of environmental risk information Monetary Authority of Singapore GUIDELINES ON ENVIRONMENTAL
    • MAS
    • Consultations

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    • Trusts Act 2004
    • Trusts Act 2004 definition of payment system 7 (modified) -------- 51 Payment Systems (Oversight) Act 2005 Section Heading Clause Australia Payment Systems (Regulation) Act 1998 Derivations Securities and Futures Act (Cap. 289) as amended by Securities
    • Trusts Act 2004 Section 34 of the Accounting and Corporate Regulatory Authority Act 2004 -------- Payment Systems (Oversight) Act 2005 Section Heading Clause Australia Payment Systems (Regulation) Act 1998 Derivations Securities and Futures Act (Cap. 289) as amended by Securities
    • MAS
    • Notices

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    • Requirements on cyber hygiene for credit card or charge card licensees. This notice applies to all credit card or charge card licensees in Singapore. It sets out cyber security requirements on securing administrative accounts, applying security patching, establishing baseline security standards, deploying network security devices, implementing anti-malware measures and strengthening user authentication. Amendment Notes There are no amendment notes for this notice. FAQ - Notice on Cyber Hygiene (159.4
    • MAS
    • Notices

    Last revised date:

    • Requirements on cyber hygiene for merchant banks. This notice applies to all merchant banks in Singapore. It sets out cyber security requirements on securing administrative accounts, applying security patching, establishing baseline security standards, deploying network security devices, implementing anti-malware measures and strengthening user authentication. Amendment Notes There are no amendment notes for this notice. FAQ - Notice on Cyber Hygiene (159.4 KB) Responses to Feedback Received to Draft
    • MAS
    • Notices

    Last revised date:

    • Requirements on cyber hygiene for banks. This notice applies to all banks in Singapore. It sets out cyber security requirements on securing administrative accounts, applying security patching, establishing baseline security standards, deploying network security devices, implementing anti-malware measures and strengthening user authentication. Amendment Notes There are no amendment notes for this notice. FAQ - Notice on Cyber Hygiene (159.4 KB) Responses to Feedback Received to Draft Notice on Cyber