Definition of “business trust”
Universal
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"
Filter by
Sort by
- MAS
- Guidance
Last revised date:
- Form 5 & Form C or Shareholder of an unlisted (i) trustee- manager of a listed trust business (BT); (ii) responsible person real listed of a estate investment trust1 (REIT) Trustee-manager of a BT/ listed responsible person Announce its acquisition or disposal
- any or all of the units in which are listed for quotation on the official list of a securities exchange; (iv) a recognised BT any or all of the units in which are listed for quotation on the official list of a securities exchange, such listing being a primary
- or the REIT, respectively.
- MAS
- Enforcement Actions
Last revised date:
- In particular: (a) Procedures to determine if its business contact with trust relevant parties Trusts are fiduciary arrangements that allow third parties, or trustees like ATSPL, to hold assets for the benefit of beneficiaries.
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback: Proposed Requirements for Banks' Private Equity and Venture Capital Investments (27.8 KB) Consultation Paper VIEW DOCUMENT Proposed Requirements for Banks' Private Equity and Venture Capital Investments (252.3 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSED REQUIREMENTS FOR BANKS PRIVATE EQUITY AND VENTURE CAPITAL INVESTMENTS 1 Introduction 1.1 On 16 December 2009, MAS conducted a public consultation on the proposed requirements
- MAS
- Notices
Last revised date:
- Requirements for banks holding private equity and venture capital investments. This notice applies to all banks in Singapore that hold private equity and venture capital (PE/VC) investments. It sets out the requirements on PE/VC investments which banks must comply with, including: Duration and valuation of PE/VC investments. Involvement in management of investees. Risk management policy for PE/VC investments. Qualifications for bank employees handling PE/VC investment activities. Internal approval
- MAS
- Regulations
Last revised date:
- Set out requirements for licensing, financial resources and conduct of business requirements for licensed trust companies. This set of regulations applies to all licensed trust companies. It sets out requirements relating to: Licensing and appointments of resident managers and directors. Fit and proper criteria. Capital and professional indemnity insurance. Conduct of business. Record keeping and the reporting of accounts to MAS. 13 Aug 2018 Trust Companies (Amendment) Regulations 2018 (169.2 KB)
- MAS
- Media Releases
Last revised date:
- Shorter pay-out periods for unit trust redemptions and Charging of marketing and promotion expenses to unit trust funds disallowed Singapore, 28 December 2001. The Monetary Authority of Singapore (MAS) today issued two Practice Directions (PDs) relating to the Handbook on Unit Trusts: PD 10 recommends when payments should be made to investors who redeem units in unit trusts, and PD 11 disallows managers to charge marketing and promotion expenses to unit trust funds. The PDs take into account
- MAS
- Speeches
Last revised date:
- Mr Rodney Lim, IMAS Regulatory Committee Chairman, Panel Speakers, Members of IMAS, Ladies and gentlemen, Introduction 1 Good afternoon and thank you for having me at this year’s IMAS Regulatory Forum again. As we get ready to welcome the Lunar New Year, it is an appropriate time for us to take stock of developments in 2017, and look forward to what is to come in the year ahead. Taking Stock of 2017 2 2017 was a fairly hectic year in terms of global regulatory developments. I am sure many
- MAS
- Speeches
Last revised date:
- Mr Edmund Leow, SC, President of the Singapore Trustees Association Distinguished guests, ladies and gentlemen, good morning. 1. It is a pleasure for me to join you at this year’s Singapore Trustees Association (“STA”) Annual Conference. This year, the organisers have titled the conference “Trustees and the Gordian Knot of Regulations”. 2. According to the legend traced to the life of Alexander the Great, he who could untie the Gordian Knot would be the ruler of all of Asia. The only problem
- MAS
- Consultations
Last revised date:
- Trusts) (No 2) (Amendment) Regulations 2017 Defined Terms CIS ETF FAA FAR PHS PHS Guidelines PHS Illustrations SFA SF(A)A SF(LCB)Regs SF(OIS)(CIS)Regs SF(OIS)(SD)Regs SF(OIS)(BT)Regs SF(OIS)Regs SF(OIS)(SD)Regs, SF(OIS)(BT)Regs and SF(OIS)(CIS)Regs
- (5) Where the units or derivatives of units in a business trust are structured with the objective of returning the full principal amount to investors at maturity, an advertisement or publication in relation to the units or derivatives of units in a business trust shall clearly highlight
- S 000 2 SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES (OFFERS OF INVESTMENTS) (BUSINESS TRUSTS) (NO. 2) (AMENDMENT NO.
- MAS
- Speeches
Last revised date:
- The future of financial reform Speech given by Mark Carney, Governor of the Bank of England Chair of the Financial Stability Board 2014 Monetary Authority of Singapore Lecture 17 November 2014 All speeches are available online at www.bankofengland.co.uk/publications/Pages/speeches/default.aspx 1 -------- INTRODUCTION system in 2008. It is now more than seven years since the first tremors of the earthquake that was to rock the financial After the blood of the crisis, years