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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- PDPC
- Public Consultations
Last revised date:
- March 2024 PDPC has issued a closing note to the public consultation, and has subsequently published the Advisory Guidelines on the PDPA for Children's Personal Data in the Digital Environment in alignment. Closing Note to the Public Consultation on Advisory Guidelines on the PDPA for Children's Personal Data in the Digital Environment Advisory Guidelines on the PDPA for Children's Personal Data in the Digital Environment August 2023 The public consultation on the proposed Advisory Guidelines on
- SSO
- Legislation
Last revised date:
- SIXTH SCHEDULE Section 22(7) Exceptions from correction requirement 1. Section 22 shall not apply in respect of — ( a ) opinion data kept solely for an evaluative purpose; ( b ) any examination conducted by an education institution, examination scripts and, prior to the release of examination results, examination results; ( c ) the personal data of the beneficiaries of a private trust kept solely for the purpose of administering the trust; ( d ) personal data kept by an arbitral institution or a
- MAS
- Consultations
Last revised date:
- The reported annual sales figure used shall be audited, except in the case of companies incorporated in Singapore or partnerships, limited liability partnerships, sole proprietorships or business trusts registered in Singapore which are not required under the relevant
- MAS
- Speeches
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- East Asian Capital Markets: Challenging Times Introduction: East Asian Prospects 1 This conference is taking place at a time of great uncertainty, when attention is focused on geopolitical and security concerns. The short-term outlook for Asia's capital markets is clouded by the prospects of war in Iraq, tension in the Korean Peninsula, and a slowdown in the world economy. With stock markets weak and volatile, investors have turned increasingly risk averse. 2 However, the longer-term prospects
- MAS
- Consultations
Last revised date:
- trust; or (b) debentures of a government, corporation, body unincorporated, partnership or business trust, but does not include (i) any unit of a collective investment scheme; (ii) any bill of exchange; (iii) any certificate of deposit issued by a bank or finance company whether
- within the meaning of section 2(1) of the Securities and (b) a derivatives contract; or Futures Act; [] securities means (a) shares or any similar instrument representing a legal or beneficial ownership interest in a corporation, partnership, limited liability partnership or unit in a business
- MAS
- Media Releases
Last revised date:
- Singapore, 8 June 2007... The Securities Industry Council (SIC) has decided to extend the ambit of the Singapore Code on Take-overs and Mergers (Code) to property trusts structured as collective investment schemes (REITs). SIC’s decision is in line with the regimes in the UK and Australia, where property trusts are subject to take-over provisions. 2 The application of the Code to REITs would not only protect the interests of minority investors but also that of the incumbent controlling unitholders
- MAS
- Media Releases
Last revised date:
- Singapore, 2 November 2016…The Monetary Authority of Singapore (MAS) today announced that Singapore intends to join in the multilateral effort to enhance the capacity of the International Monetary Fund (IMF) to assist low-income countries. 2 Singapore will participate by making grants to the IMF’s Poverty Reduction and Growth Trust (PRGT), and the Catastrophe Containment and Relief Trust (CCRT). The PRGT supports concessional lending to low-income countries, while the CCRT enables the IMF to provide
- PDPC
Last revised date:
- GUIDE TO BASIC DATA ANONYMISATION TECHNIQUES Published 25 January 2018 -------- GUIDE TO BASIC DATA ANONYMISATION TECHNIQUES (published 25 January 2018) TABLE OF CONTENTS PART 1: OVERVIEW ..................................................................................................................... 3 1 2 3 Introduction ................................................................................................................... 3 Purpose and Scope of This Guide
- PDPC
- Help & Resources
Last revised date:
- The intent of this guide is to provide information on techniques that could be applied in anonymising data. This guide primarily addresses organisations which do not intend to release the anonymised data into the public domain, but who share data with other organisations or entities, where additional administrative and technical controls may be imposed to reduce the risk of unauthorised disclosure of personal data. Application of these techniques may not necessarily ensure that the data does not
- MAS
- Letters to Editor
Last revised date:
- Dear Editor, Consumers Should Be Served by Fit and Proper Representatives in the Financial Services Industry We refer to Mr Vincent Khoo’s letter (“Why are companies demanding employee’s credit reports?”, 21 November 2019). It is entirely appropriate for financial institutions (FIs) to assure themselves that their employees and representatives providing financial services to customers are in good financial standing. MAS requires FIs to conduct due diligence checks to ensure that their employees and