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
    • Financial Stability Reviews

    Last revised date:

    • The Monetary Authority of Singapore (MAS) conducts regular assessments of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications for the soundness and stability of Singapore’s financial system. The analyses and results are contained in the Financial Stability Review (FSR), which aims to contribute to a greater understanding among market participants, analysts and the public on issues affecting Singapore's financial system. November
    • MAS
    • Media Releases

    Last revised date:

    •  4 December 2001.. The Monetary Authority of Singapore (MAS) announced today the award of additional Qualifying Full Bank (QFB) and Wholesale Banking (WB) privileges, which will take effect from 1 January 2002. Additional Two Qualifying Full Banks (QFBs) MAS will be awarding the QFB privileges to the following two foreign banks: i) The Hongkong and Shanghai Banking Corporation Limited; and ii) Malayan Banking Berhad. 16 New Wholesale Banks (WBs) MAS will be upgrading the existing eight Qualifying
    • MAS
    • Speeches

    Last revised date:

    •   Good afternoon. Mr Lim Swee Say, Secretary General for NTUC and Minister, Prime Minister’s Office; Mdm Halimah Yacob, NTUC Deputy Secretary General and Director of NTUC Women's Development Secretariat; Mr Liew Heng San, Chief Executive, CPF Board; Mr Chang Long Jong, Deputy CEO of Mediacorp; Distinguished guests, friends, ladies and gentlemen. 2   Thank you for taking time today to attend this afternoon’s seminar. In particular,I would like to thank NTUC, CPF Board and Mediacorp for partnering
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 28 June 2021… The Monetary Authority of Singapore (MAS) today announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions (Global CBDC Challenge). Launched in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development, the Global CBDC
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 14 August 2020 … MoneySense has updated its outreach messages to help Singaporeans better manage their finances and stay resilient amidst the challenges posed by COVID-19. With a tagline of #stayunitedstayresilient, its 2020 Campaign will focus on helping Singaporeans manage their finances prudently, cope with tighter cash flows, minimise debt, and avoid scams. The campaign will run for 12 weeks from 14 August 2020. 2   The campaign will provide Singaporeans three resources to help strengthen
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 28 June 2021… The Monetary Authority of Singapore (MAS) today announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions (Global CBDC Challenge). Launched in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development, the Global CBDC
    • PDPC
    • Advisory Guidelines

    Last revised date:

    • The Advisory Guidelines for Selected Topics elaborates on how the PDPA applies to particular issues and domains. These assist in organisations and individuals’ understanding of the PDPA in the context of the topics selected. The full document is available here . Chapters Listing Chapter 1: Introduction and Overview Chapter 2: Analytics and Research Chapter 3: Anonymisation Chapter 4: Photography, Video and Audio Recordings Chapter 5: Drones Chapter 6: Employment Chapter 7: Online Activities Chapter
    • MAS
    • Speeches

    Last revised date:

    • Speech by DPM Lee Hsien Loong, Chairman MAS at MAS Scholarship Ceremony 2001 Date: 25 Jun 2001 WELCOME REMARKS 1   I am very happy to be here this afternoon for the MAS scholarships presentation. This ceremony is to present scholarship awards to 13 promising youths, and to celebrate their becoming a part of the MAS community. To each of the new scholars, their families and educators, I offer my warmest congratulations. You have done well. THIS YEAR'S SCHOLARS 2   MAS' mission is to promote sustained
    • MAS
    • Media Releases

    Last revised date:

    • The Monetary Authority of Singapore hosted the 55th SEACEN The SEACEN members include Autoriti Monetari Brunei Darussalam, National Bank of Cambodia, People’s Bank of China, Hong Kong Monetary Authority, Reserve Bank of India, Bank Indonesia, The Bank of Korea, Bank of the Lao PDR, Bank Negara Malaysia, The Bank of Mongolia, Central Bank of Myanmar, Nepal Rastra Bank, Bank of Papua New Guinea, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, Central Bank of Sri Lanka, Central Bank, Chinese
    • MAS
    • Media Releases

    Last revised date:

    • MAS sets up new entity to drive future expansion of the SFF Singapore, 4 August 2021… The Monetary Authority of Singapore (MAS) today announced that the Singapore FinTech Festival (SFF) will take place from 8 to 12 November, as a hybrid digital and physical event. A company limited by guarantee (CLG) will also be incorporated to spearhead future growth of the SFF and lead a series of new initiatives to provide year-round engagement with the global FinTech community. SFF 2021 2.      SFF 2021, organised