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:

    •  Good afternoon, ladies and gentlemen. 2   I would like to thank the LIA for inviting me to join you in your annual luncheon today.  I am glad to have the opportunity to speak to you on issues which I believe are important for the further development of the life insurance industry in Singapore. Introduction 3   Let me begin by congratulating all of you for the excellent performance in the past year.  As announced by LIA last month, new business weighted premiums for 2007 amounted to S$1.7 bn, the
    • MAS
    • Speeches

    Last revised date:

    •       Distinguished guests, Ladies and gentlemen, 1   Good morning and a very warm welcome to everyone here today. It is my pleasure to join you here at the 8th Citi Asia Pacific Investor Conference. 2   This conference is taking place at a time when the global economic recovery is picking up pace. Against this backdrop, there will be many opportunities to be explored. I am confident that this conference will provide an excellent platform for participants to share ideas and build networks.
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Singtel was found not in breach for failing to make reasonable security arrangements to prevent the unauthorised access of its customers’ personal data via the mySingtel mobile application. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 13 Case No. DP-1904-B3731 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Singapore Telecommunications Limited Organisation DECISION -------- Singapore
    • MAS
    • Circulars

    Last revised date:

    • MAS conducted an industry-wide survey of Variable Capital Companies (VCCs) and a series of thematic engagements of eligible financial institutions (EFIs) to assess the effectiveness of their AML/CFT risk management and controls. This Circular sets out MAS’ key observations and supervisory expectations for effective AML/CFT frameworks and controls that VCCs and their appointed EFIs should note. VCCs should read this Circular in conjunction with the MAS Notice VCC-N01 [1] and Guidelines to Notice VCC-N01
    • PDPC

    Last revised date:

    • ADVISORY GUIDELINES FOR THE SOCIAL SERVICE SECTOR 11 SEPTEMBER 2014 REVISED 31 AUGUST 2018 -------- ADVISORY GUIDELINES FOR THE SOCIAL SERVICE SECTOR (revised 31 August 2018) TABLE OF CONTENTS PART I: INTRODUCTION ...................................................................................................... 3 1 Introduction .......................................................................................................................... 3 PART II: APPLICATION OF
    • MAS
    • Media Releases

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    •    Singapore, 27 June 2003...The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) are organising a two-day Risk Conference on 30 June and 1 July 2003. The Risk Conference is titled "Managing Risk in a Changing Environment." The first day of the conference will focus on consumer banking risk management issues while the second day will focus on business continuity management (BCM) issues. 2   The consumer banking landscape in Asia is changing rapidly due to market
    • PDPC
    • Public Consultations

    Last revised date:

    • RESPONSE TO CONSULTATION PAPER Consultation topic: Name/Organisation: Public Consultations to Managing Personal Data in The Digital Economy for Approaches Khurram Chaiwalla Standard Chartered Bank-Singapore Contact number for any clarifications: +65 6596 8960 Email address for any clarifications: Khurram.chaiwalla@sc.com and Singapore.privacy@sc.com 1 -------- Public Consultations for Approaches
    • SSO
    • Subsidiary Legislation

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    • Registration before applying to check register 8. —(1)  Subject to paragraph (2), a person (other than the subscriber referred to in regulation 5(1)) who intends to apply to the Commission under section 40(2) of the Act to confirm whether a Singapore telephone number is listed in a register shall, before making the application — ( a ) register with the Commission in such form and manner as the Commission may require, using the electronic registration service provided by the Commission at the specified
    • MAS
    • Consultations

    Last revised date:

    • Response VIEW DOCUMENT Response to Feedback Received on Legal Tender Limits (752.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Revised Legal Tender Limit for Coins (343.8 KB) RESPONSE TO FEEDBACK RECEIVED October 2017 Proposal for New Legal Tender Limit for Coins Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED ON NEW LEGAL TENDER LIMIT FOR COINS 9 OCTOBER 2017 Contents 1 Preface ..................................................
    • MAS
    • Speeches

    Last revised date:

    • Dr John Williams, President and CEO, Federal Reserve Bank of San Francisco, Distinguished guests, colleagues, ladies and gentlemen, good morning. Welcome to Singapore once again for this year’s Symposium on Asian Banking and Finance, jointly organised by the Federal Reserve Bank of San Francisco and the Monetary Authority of Singapore. Let me say what a delight it has been for us at the MAS working with John and his colleagues at the San Francisco Fed, putting together this event. •     2017 marks