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....
Showing 3926 Documents for "business trust"
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- MAS
- Speeches
Last revised date:
- Mr Dennis Tan, President of LIA Singapore Distinguished guests Ladies and gentlemen 1. Thank you for inviting me to speak at today’s luncheon. 2. Let me first congratulate Dennis and the new LIA Management Committee on their appointments. I have every confidence that you will continue the good work of the outgoing team under the leadership of Mr Khor Hock Seng. 3. As we gather like this for the first time since 2019, I think it is important for us to reflect on the key role that the insurance industry
- PDPC
- Commission's Decisions
Last revised date:
- Jigyasa was found in breach of the PDPA. First, Jigyasa failed to put in place reasonable measures to protect employee assessment reports on its website. Second, it did not appoint a data protection officer. Lastly, it did not have written policies and practices necessary to ensure its compliance with the PDPA. An application for reconsideration was filed against the decision in Re Jigyasa [2020] SGPDPC 9 . Upon review and careful consideration of the application, directions in the decision were
- MAS
- Speeches
Last revised date:
- Mr Speaker, Sir, 1 I am speaking in the capacity as Finance Minister and Deputy Chairman of the Monetary Authority of Singapore (MAS). Today, Minister Josephine Teo, Minister-of-State Desmond Tan and I will address a total of 39 1 parliamentary questions that have been posed to MAS, MCI, and MHA arising from the recent OCBC phishing scams. They cover a wide range of issues – from whether the banks can do more to mitigate the risks of such scams, to how the telco infrastructure, enforcement actions
- MAS
- Consultations
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- business; (p) money broking; (q) money-changing business; (r) remittance business; (s) lending; (t) factoring; (u) leasing; (v) provision of credit enhancements; B This includes a financial holding company which is not an
- services; (j) operating an exchange, trading system or market; (k) providing central counterparty services; (l) operating a payment system, securities depository, securities settlement system or trade repository; (m) providing financial advisory services; (n) insurance broking; (o) trust
- MAS
- Macroeconomic Reviews
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- Contents and Preface PDF (953.8 KB) Monetary Policy Statement (January 2015) PDF (656.8 KB) Monetary Policy Statement (April 2015) PDF (666.6 KB) Chapter 1 The International Economy Box A: Did Abenomics Raise Household Consumption In Japan? PDF (833.3 KB) Chapter 2 The Singapore Economy PDF (773.5 KB) Chapter 3 Labour Market and Inflation Box B: The Impact Of Global Oil Shocks On The Singapore Economy PDF (1.11 MB) Chapter 4 Macroeconomic Policy PDF (771.9 KB) Special Feature A: A Historical Snapshot
- MAS
- Media Releases
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- 26 October 1999...The Monetary Authority of Singapore (MAS) today issued two new sets of guidelines to regulate capital guaranteed funds, as well as futures and options funds sold to retail investors in Singapore. The guidelines, which take effect immediately, give guidance to fund managers on the operation and marketing of such specialised unit trusts in Singapore. MAS said that both sets of guidelines are in line with international practice and were formulated after taking into account comments
- MAS
- Forms and Templates
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- ___ We are currently experiencing a high volume of applications. Please expect a delay in our response as we will require additional processing time when you submit an application. ___ Applicants must submit Form 1 online to apply for a payment services licence or change their entity type. Before you submit Form 1, find out more about How to Apply . About Form 1 Form 1 applies to the following: • Applicants who do not currently hold a licence under the Payment Services Act 2019 (“PS Act”) and wish
- MAS
- Notices
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- Sets out the requirements under the risk-based capital framework for all licensed insurers, including the way in which assets and liabilities are to be valued. This Notice is issued following the RBC 2 review and comprises both mandatory requirements and guidelines on the supervisory intervention levels, valuation of policy liabilities in respect of life business and general business, and the calculation of the total risk requirements and financial resources. Existing technical details on valuation
- MAS
- Speeches
Last revised date:
- Minister for National Development Mr Desmond Lee, ladies and gentleman, good afternoon. Let me start with the big picture. To limit global warming to 1.5 ° C, global annual greenhouse gas emissions need to be halved by 2030 and reduced to net-zero by 2050. Yet, the trajectory of carbon emissions is still on a steady uptrend. Just on energy needs alone, demand in Asia is projected to double in 2030. Economic development will drive demand for fossil fuels, which is still the cheapest way to generate
- MAS
- Media Releases
Last revised date:
- FACT SHEET 1 Date: 7 Jul 1999 ASSET MANAGEMENT Increase in the number of asset management companies managing global funds in Singapore Three companies have been awarded the Enhanced Fund Manager status, each of them managing more than S$5 billion of foreign-sourced funds in Singapore. Increase in size of funds under management Whilst there has been a sharp fall in asset values over the last year, MAS' latest half-yearly snapshot survey of fund management companies covering the half-year ended 30