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
- Media Releases
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- Singapore, 7 June 2017… The Monetary Authority of Singapore (MAS) today released a consultation paper on proposals to facilitate the provision of digital advisory services 1 (also known as robo-advisory services) in Singapore. The proposals seek to support innovation in financial services by recognising the unique characteristics of digital platforms. 2 Financial institutions currently regulated under the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA) can already provide
- PDPC
- Public Consultations
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- RESPONSE TO PUBLIC CONSULTATION PAPER Consultation topic: Public consultation for approaches to managing personal data in the digital economy. Name1/Organisation: 1if responding in a personal capacity Mizuho Bank Ltd 1) Valarie Jagger, DID: 68053335 2) Adeline Tang, DID: 68053897 1) valarie.jagger@mizuho-cb.com 2) adeline.tang@mizuho-cb.com Contact number for any clarifications: Email address for any clarifications: 1 -------- Notification of Purpose
- MAS
- Media Releases
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- Singapore, 2 August 2017… The Monetary Authority of Singapore (MAS) announced today that it will establish a Payments Council, comprising 20 leaders from banks, payment service providers, businesses, and trade associations. Members are appointed for a two-year term and the full list of members can be found in Appendix 1. 2. The setting up of the Payments Council is part of a series of initiatives MAS is taking towards realising the vision of an e-payments society in Singapore. This includes facilitating
- MAS
- Speeches
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- Keynote Address by DPM Lee Hsien Loong at the International Insurance Society's 38th Annual Seminar, 15 July 2002, 11.45am, Shangri-La Hotel, Singapore Mr Douglas Leatherdale Chairman of the International Insurance Society , Distinguished Guests, Ladies and Gentlemen, INTRODUCTION 1 I am pleased to address this seminar organised by the International Insurance Society. It is an honour for Singapore to be hosting this prestigious event again. 2 These are trying times for the insurance world
- MAS
- Speeches
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- Keynote Address by Mr Koh Yong Guan, Managing Director, at the MAS Capital Markets Seminar 2002 Date: 2 May 2002 MAS Capital Markets Seminar Ladies and Gentlemen Good morning and a warm welcome to the MAS Capital Markets Seminar. For participants from abroad, I wish you a pleasant and rewarding time in Singapore. 2 We have chosen 'Evolving Regulatory Approaches' as the theme to underscore the importance for regulators to keep pace with developments in the global capital markets. 3 Advances in
- MAS
- Speeches
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- Good afternoon to everyone tuning in from Asia, and good morning to the rest watching from across the globe. Let me thank the Maritime and Port Authority (MPA) for the opportunity to deliver this Singapore Maritime Lecture virtually. The global economy is facing its worst crisis since the Second World War. The IMF has forecast that the global economy will shrink by 4.9% this year. According to the WTO, global merchandise trade volumes contracted by an estimated 14% in the first half of 2020. And
- MAS
- Speeches
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- Date: 5 Feb 1999 In the 50 years since OUB first opened its doors for business in Raffles Place, Singapore has grown and changed. So has OUB. Today, OUB has branches and offices in major financial centres such as New York, London and Tokyo. OUB's distinctive logo is also seen in several countries in the Asian-Pacific region. This achievement is a tribute to the vision and leadership of Dr Lien Ying Chow. It also reflects the acumen and competence of the OUB team, led by Mr Lee Hee Seng and Mr Peter
- MAS
- Speeches
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- Date: 5 Feb 1999 In the 50 years since OUB first opened its doors for business in Raffles Place, Singapore has grown and changed. So has OUB. Today, OUB has branches and offices in major financial centres such as New York, London and Tokyo. OUB's distinctive logo is also seen in several countries in the Asian-Pacific region. This achievement is a tribute to the vision and leadership of Dr Lien Ying Chow. It also reflects the acumen and competence of the OUB team, led by Mr Lee Hee Seng and Mr Peter
- MAS
- Speeches
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- Distinguished guests Ladies and gentlemen 1. Good morning and a warm welcome to everyone, especially our guests from overseas. It is my pleasure to be here today at the 17th Asia CEO Insurance Summit. Congratulations to the organisers, the Asia Insurance Review and the Geneva Association, for putting together a very interesting conference program that has brought many of you here today. 2. The theme for this summit, “Organised Chaos – Leading in a World of Speed, Insurtech & Social – A New
- MAS
- Speeches
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- 1 Good morning. I would like to thank the Insurance Risk and Finance Research Centre (IRFRC) for putting together this conference. 2 I would like to take this opportunity to share a few observations on the prospects of the Asian insurance industry, and, in keeping with the conference theme, the risks confronting the region today. The Asian risk and insurance landscape 3 Asia offers immense growth opportunities for insurers. Although gross premiums in Asia ex Japan have increased by about 16% per