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

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    •  GIA President, Mr Derek Teo, Distinguished Guests, Ladies and Gentlemen, 1   Thank you for inviting me to address you at your Annual General Meeting Luncheon.  Allow me first to congratulate Mr Derek Teo for being re-elected as GIA President for yet another year.  This is clear evidence of the good work that he has been doing for the Association and the industry.  I would also like to congratulate the newly-elected Management Committee (MC).  Many of you are old hands at serving in the MC and I
    • MAS
    • Notices

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    • This notice was cancelled with effect from 01 July 2022. Please refer to Notice 649 Minimum Liquid Assets and Liquidity Coverage Ratio for the requirements for banks in Singapore on minimum liquid assets (MLA) and liquidity coverage ratio (LCR). Amendment Notes 01 Jul 2022 MAS Notice 613 dated 31 July 2008 (last revised on 27 September 2021) (534.9 KB) is cancelled. 28 Sep 2021 MAS Notice 613 (Amendment) 2021 (66.8 KB) takes effect. 28 Jan 2020 MAS Notice 613 (Amendment) 2020 (260.8 KB) takes effect
    • MAS
    • Media Releases

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    • Singapore, 13 May 2020…The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively, AMTD) today announced the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant (the Grant) to support Singapore-based FinTech firms amid the challenging business climate caused by the COVID-19 pandemic. 2   The Grant will help FinTech firms maintain their operations, and enable them to continue to innovate and grow. The Grant complements the
    • PDPC
    • Public Consultations

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    • Banks’ Feedback on the Proposed Business Operation of the Do Not Call Registry Question 1 Bank A Bank B Bank C Bank D Bank E Bank F Bank G Bank H Bank I Bank J Questions in relation to the process of registration and deregistration of Telephone Numbers with DNC registry: With reference to paragraphs 3.6 to 3.9, do you have any views/comments on the proposed process of registration and deregistration? Is the process simple and straightforward
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 25 Case No DP-1710-B1269 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And ChampionTutor Inc. … Organisation DECISION -------- ChampionTutor Inc [2019] SGPDPC 25 Tan Kiat How, Commissioner — Case No DP-1710-B1269 22 July 2019 Background 1 On 31 October 2017, the Personal Data Protection Commission (the “Commission”) received a complaint
    • PDPC
    • Commission's Decisions

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    • Directions, including a financial penalty of $5,000, were imposed on Championtutor for breaches of the PDPA. The organisation failed to appoint a data protection officer and did not have written policies and practices necessary to ensure its compliance with  the PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 25 Case No DP-1710-B1269 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And ChampionTutor Inc
    • PDPC
    • Public Consultations

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    • 5  October  2017     Personal  Data  Protection  Commission   460  Alexandra  Road     #10-­‐02  PSA  Building     Singapore  119963             BY  EMAIL  ONLY   TAYLOR  VINTERS  VIA  LLC’S  FEEDBACK  FOR  PDPC’S  PUBLIC  CONSULTATION  ON   APPROACH  TO  MANAGING  PERSONAL  DATA  IN  THE  DIGITAL  ECONOMY     COVER  PAGE     1 The  Personal  Data  Protection  Commission  
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Consultation Paper on IRB Approach Rollout and Exclusions (64.3 KB) CONSULTATION PAPER P013 - 2004 August 2004 IRB Approach Rollout & Exclusions -------- CONSULTATION PAPER: IRB APPROACH ROLLOUT & EXCLUSIONS AUGUST 2004 PREFACE The Basel Committee on Banking Supervisions (BCBS) document, International Convergence of Capital Measurement and Capital Standards: A Revised Framework (Basel II), prescribes the standards for the rollout of the
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback: Consultation Paper on Review of Policy Owners' Protection Fund (48.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Review of Policy Owners' Protection Fund (183.4 KB) 1 RESPONSE TO FEEDBACK RECEIVED CONSULTATION PAPER ON REVIEW OF POLICY OWNERS PROTECTION FUND INTRODUCTION 1.1 On 15 December 2005, MAS released a consultation paper inviting comments on the review of Policy Owners Protection
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback - Regulatory Oversight of Commodity Futures (25.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Regulatory Oversight of Commodity Futures (103.2 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION PAPER ON REGULATORY OVERSIGHT OF COMMODITY FUTURES 1 Introduction 1.1 On 29 November 2006, the Monetary Authority of Singapore (MAS) and International Enterprise Singapore (IE) released a consultation paper inviting comments