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
- Public Consultations
Last revised date:
- General comments: Section 3.15 To cater to such circumstances, PDPC proposes to provide for the collection, use or disclosure of personal data without consent where it is necessary for a legal or business purpose (“Legal or Business Purpose”). Comment: It will be good if the “Legal or Business Purpose” be identified instead of leaving it generic so as to secure greater certainty and control against misue. 1
- MAS
- Speeches
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- Second Reading Speech by Mr Tharman Shanmugaratnam, Minister For Education and Deputy Chairman, Monetary Authority of Singapore Mr Speaker Sir, on behalf of the Senior Minister, I beg to move. "That the Bill be now read a second time." 2 Sir, the purpose of this Bill is to introduce a new framework for the oversight of payment systems. The framework also covers the regulation of stored value facilities (SVF), which refer to prepaid cards and other payment instruments used for the purchase of
- MAS
- Speeches
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- Date: 11 Jul 2001 Introduction 1 Mr Low Thia Khiang asked whether bank mergers will help make Singapore an international financial centre. Mr S Iswaran and Dr Ker Sin Tze asked about the effects of consolidation on competition and the availability of banking services to SMEs. These are important questions prompted by the process of consolidation that is currently underway. OCBC has made a bid for Keppel Capital Holdings, which owns Keppel-TatLee Bank, and DBS and UOB have made competing bids
- MAS
- Parliamentary Replies
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- MINISTERIAL STATEMENT BY DPM LEE HSIEN LOONG ON BANKING CONSOLIDATION Date: 11 Jul 2001 Introduction 1. Mr Low Thia Khiang asked whether bank mergers will help make Singapore an international financial centre. Mr S Iswaran and Dr Ker Sin Tze asked about the effects of consolidation on competition and the availability of banking services to SMEs. These are important questions prompted by the process of consolidation that is currently underway. OCBC has made a bid for Keppel Capital Holdings, which
- PDPC
Last revised date:
- CLOSING NOTE FOR PUBLIC CONSULTATION ON PROPOSED ADVISORY GUIDELINES FOR THE HEALTHCARE SECTOR 11 SEPT 2014 1 -------- PART I ........................................................................................................................ 3 1 Background and Introduction ............................................................................... 3 PART II: OVERVIEW OF KEY ISSUES ..................................................................... 4 2 Obtaining
- MAS
- Media Releases
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- Video Conference Meeting, 30 March 2021 1. The 7th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of Hon. Dato Dr. Mohd Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei Darussalam, and Hajah Rokiah Haji Badar, Managing Director of the Autoriti Monetari Brunei Darussalam. The Meeting was held via video conference due to the lingering effects of the COVID-19 pandemic
- MAS
- Economic Essays
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- This study was published as Special Feature B in the October 2012 Macroeconomic Review. 84 Macroeconomic Review, October 2012 Special Feature B Self-Fulfilling Global Panics by Philippe Bacchetta and Eric van Wincoop1 Introduction The 2008 financial crisis saw a sharp drop in global asset prices and economic activity. For example, Chart 1 shows the decline in growth in the US and in other G20 countries during the so-called Great Recession. What is unusual
- MAS
- Media Releases
Last revised date:
- Video Conference Meeting, 30 March 2021 1. The 7th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of Hon. Dato Dr. Mohd Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei Darussalam, and Hajah Rokiah Haji Badar, Managing Director of the Autoriti Monetari Brunei Darussalam. The Meeting was held via video conference due to the lingering effects of the COVID-19 pandemic
- MAS
- Notices
Last revised date:
- Requirements for all finance companies in Singapore in respect of places of business, including ATMs. This notice applies to finance companies and covers requirements on opening a new place of business and changing the location of an existing place of business, including installation of ATMs. Amendment Notes 01 Dec 1983 BFI (FC) Circular No. 5/73 dated 1 March 1973 and FC Notice 2 dated 1 November 1973 are cancelled.
- MAS
- Speeches
Last revised date:
- Mr Leas Bachatene, VP & Managing Director (Asia Pacific), Thomson Reuters Distinguished guests, ladies and gentlemen, good morning. Exactly five years ago, this month, Lehman Brothers collapsed and unleashed a financial crisis of unmatched scale and impact. The crisis exposed deep fault lines in the global financial system and spurred far-reaching financial regulatory reforms, aimed at building a more resilient financial industry that better serves the needs of the real economy. This morning, I will