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
- Practical Guidance
Last revised date:
- Guidance on whether the Union may collect individuals’ NRIC numbers at the outset when they sign up for union membership, for the purpose of providing services to members that would require their NRIC numbers. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES ON NRIC NUMBERS BY A UNION 1. A Union (the Union) has sought guidance from the Personal Data Protection Commission (the Commission) on the application of the Advisory Guidelines on the Personal Data Protection
- MAS
- Circulars
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- Informs insurers on changes to insurance returns legislations, including replacing hardcopy submission requirements for annual returns with electronic submission requirements, and sets out specific expectations on the operational details for the submission. Circular No. ID 43/20 30 December 2020 Chief Executives/ Chief Executive Officer All Insurers and Lloyds Asia Scheme Administrator Dear Sir/Madam AMENDMENTS TO INSURANCE RETURNS LEGISLATIONS The Monetary Authority of
- MAS
- Exemptions
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- View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 January 2018 to 31 March 2018. 1 Issue Date: 8 June 2018 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 January 2018 to 31 March 2018 S/N Exemption granted Exemption provision Description No. of exemptions provided 4 Date of exemption granted 22 January 2018 31 January 2018 2 February 2018
- MAS
- Speeches
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- Mrs Josephine Teo, Minister for Manpower, members of the IBF Council, ladies and gentlemen, welcome to IBF. IBF will be turning 45 this year. It is hard to imagine the financial sector today without the IBF. Not all countries have the equivalent of an IBF. Fewer still have as strong a collaboration as we do here in IBF – among financial institutions and between financial institutions and the regulator. And all for a common cause that has been consistent for the last 45 years – to equip the professionals
- MAS
- Media Releases
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- Singapore, 20 June 2022… The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2022 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards). The Awards, supported by PwC Singapore, seek to recognise innovative FinTech solutions by FinTech companies, financial institutions, technology companies, as well as individuals and companies that have been instrumental in creating new growth opportunities, transforming FinTech industry
- MAS
- Financial Stability Reviews
Last revised date:
- The Monetary Authority of Singapore (MAS) conducts regular assessment of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications on the soundness and stability of Singapore’s financial system. The analysis 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. ] ------
- MAS
- Macroeconomic Reviews
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- -------- -------- Volume IV, Issue 1 April 2005 Economic Policy Department Monetary Authority of Singapore -------- ISSN 0219-8908 Published in April 2005 Economic Policy Department Monetary Authority of Singapore http://www.mas.gov.sg All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanised, photocopying, recording or otherwise, without the prior written permission of the copyright
- MAS
- Speeches
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- "Sound Banking Systems: A New Growth Imperative" Date: 24 Mar 2000 I am delighted to be with you today. It's a special pleasure to be among so many old friends and colleagues. It's also a great pleasure to be in Singapore under such happy and promising circumstances. Just two years ago, financial and economic conditions throughout Asia were rather grim and the outlook was uncertain. But since then, to the great credit of the people of Asia, significant progress has been achieved. In Thailand, Indonesia
- MAS
- Directives
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- Summary of directives that merchant banks which are government securities dealers need to comply with. Directive 23 18 Dec 1987 Directives to Merchant Banks Compliance And Approval 17(1) Subject toDirective 32 a merchant bank whose business includes the business of dealing in Government securities whether as a Primary, Registered or Secondary dealer; shall observe and complywith Directives 23 to 32. (2) Directives23 to 32 are in addition to and not in
- MAS
- Speeches
Last revised date:
- Corporate Governance - A Higher Benchmark for the Insurance Industry 1 Ladies and gentlemen, good morning. 2 I would like to thank the Asia Insurance Review for inviting me to address you this morning. What is corporate governance? 3 Corporate governance is not a new concept but it has received much attention over the last few years. We are all familiar with the high profile corporate collapses that have been attributed to corporate governance failures. The corporate world has changed substantially