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
Last revised date:
- Distinguished guests, Ladies and Gentlemen. 1 Good morning. I am delighted to join you at the Asia Anti-Money Laundering Summit. The theme for the summit – combating money laundering effectively – is apt and timely in light of the increasing focus on anti-money laundering and countering the financing of terrorism (or “AML/CFT” in short). This is a good opportunity for the industry to take stock of the money laundering and terrorist financing risks it faces, and how prepared it is in dealing with
- MAS
- Speeches
Last revised date:
- President, Mr Derek Teo Distinguished Guests, Ladies and Gentlemen, 1. Good afternoon. It is my pleasure to be here at the GIA Annual Luncheon, and thank you for inviting me to speak. First of all, I would like to congratulate Mr Derek Teo, on your re-election as President of the GIA. It is good to see many experienced hands involved in the Executive Committee as well. In addition, with a dedicated GIA Secretariat, GIA has been able to move forward quickly in many areas. Development of
- PDPC
- Public Consultations
Last revised date:
- Mediacorp Pte Ltd 1 Stars Avenue, Singapore 138507 t +65 6333 3888 f +65 6251 5628 mediacorp.sg Company Registration Number: 199201312E VIA E-MAIL ONLY E-mail: corporate@pdpc.gov.sg No. of Page(s): 7 [Including this page] 9 October 2017 Personal Data Protection Commission Dear Sirs, PDPC’S PUBLIC CONSULTATION ON APPROACHES TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY We refer to the above matter and are pleased to submit our views, enclosed herein, for
- MAS
- Speeches
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- 1 Good morning, ladies and gentlemen. I am delighted to be with you this morning for the 9th Singapore International Reinsurance Conference. I understand that the SIRC is a biennial event that draws strong support from various participants across the insurance and reinsurance industry; not only in Singapore, but also participants from the region and further afar. I hope this forum in Singapore will continue to foster greater interaction and sharing amongst participants in the insurance fraternity
- MAS
- Notices
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- Governs the lending of SGD by banks to non-resident financial institutions, including requirements for submitting monthly returns. This notice applies to all banks in Singapore. It sets out the requirements for banks when: Extending Singapore dollar credit facilities to non-resident financial institutions. Arranging Singapore dollar equity or bond issues for non-resident financial institutions. It also sets out requirements for banks to submit monthly returns to MAS on their aggregate outstanding
- MAS
- Speeches
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- Mr Benoît Cœuré - Executive Board Member of the ECB and Chairman of the Committee on Payments and Market Infrastructures (CPMI) Jean-Michel Godeffroy, Chairman of the Central Bank Payments Conference Fellow central bankers and regulators Ladies and gentlemen 1. Good morning. Welcome to Singapore. Thank you for inviting me to speak at the Central Bank Payments Conference. 2. I understand that this is the second conference since the event started in Amsterdam last year, and the first time that
- MAS
- Notices
Last revised date:
- Governs the lending of SGD by finance companies to non-resident financial institutions, including requirements for submitting monthly returns. This notice applies to all finance companies in Singapore. It sets out the requirements for finance companies when: Giving Singapore dollar credit facilities to non-resident financial institutions. Arranging Singapore dollar equity or bond issues for non-resident financial institutions. It also sets out requirements for finance companies to submit monthly
- PDPC
Last revised date:
- BY EMAIL ONLY Members' Undertaking No. 62 1 April 2015 To: All Ordinary and Associate Members MU 62/15 - LIA CODE OF CONDUCT FOR TIED AGENTS OF LIFE INSURERS ON THE SINGAPORE PERSONAL DATA PROTECTION ACT (NO. 26 OF 2012) ACTION: 1. FOR THE COMPLIANCE OF ORDINARY MEMBERS WITH TIED AGENTS WITH IMMEDIATE EFFECT 2. FOR ASSOCIATE MEMBERS’ INFORMATION This Code of Conduct (Code) is intended to clarify the duties and responsibilities that a self- employed
- PDPC
- Public Consultations
Last revised date:
- PUBLIC CONSULTATION FOR MANAGING UNSOLICITED COMMERCIAL MESSAGES AND THE PROVISION OF GUIDANCE TO SUPPORT INNOVATION IN THE DIGITAL ECONOMY Dear Sir/Mdm We would like to submit comments for the consultation paper. For any clarifications, you may contact us at: Company Name: NTUC Income Contact Person: Daniel Mok Email: Daniel.Mok@income.com.sg Feel free to let us know if you require any clarifications. -------- A) Proposed streamlining of requirements under DNC provisions
- MAS
- Notices
Last revised date:
- Requirements for domestic systemically important banks (D-SIBs) and internationally active banks on their net stable funding ratio (NSFR). This notice applies to all domestic systemically important banks (D-SIBs) and internationally active banks. It sets out the minimum all currency net stable funding ratio (NSFR) requirements that a bank has to comply with. Amendment Notes 1 Jul 2022 MAS Notice 652 and MAS Notice 652 Reporting Template dated 24 June 2022 take effect. 1 Jul 2022 MAS Notice 652 (2.08