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:
- RESPONSE TO PUBLIC CONSULTATION ON REVIEW OF PROPOSED DATA PORTABILITY AND DATA INNOVATION PROVISIONS IN THE PERSONAL DATA PROTECTION ACT 2012 3PL welcomes the opportunity to provide feedback to the Personal Data Protection Commission (PDPC) and input on the proposal to introduce provisions for data portability and data innovation under Singapore’s Personal Data Protection Act 2012 (PDPA). 3PL is grateful for the opportunity to provide our comments for this public consultation.
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 42 Case No. DP-1810-B2821 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And The Travel Corporation (2011) Pte. Ltd. … Organisation DECISION -------- The Travel Corporation (2011) Pte. Ltd. [2019] SGPDPC 42 Tan Kiat How, Commissioner — Case No. DP-1810-B2821 19 November 2019 Introduction and Material Facts 1 The Travel Corporation (2011) Pte. Ltd. (the
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $12,000 was imposed on The Travel Corporation (2011) for breaches of the PDPA. The Organisation failed to appoint a data protection officer and did not put in place reasonable security arrangements to protect its customers’ personal data stored in portable storage devices. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 42 Case No. DP-1810-B2821 In the matter of an investigation under section 50(1) of the Personal Data Protection Act
- MAS
- Notices
Last revised date:
- How to qualify to be or appoint provisional and temporary representatives. This notice applies to: Capital markets services (CMS) licensees. Banks, merchant banks, finance companies and insurers conducting regulated activities under the SFA. It sets out minimum entry requirements, such as regulatory status, prior experience and qualifications, for individuals to be appointed as provisional or temporary representatives, as well as the validity period of such appointments. Amendment Notes There are
- MAS
- Monographs/Information Papers
Last revised date:
- An abridged version of the monograph on MAS' Framework for Impact and Risk Assessment of Financial Institutions (FIs), providing guidance to senior executives of FIs. MAS FRAMEWORK FOR IMPACT AND RISK ASSESSMENT OF FINANCIAL INSTITUTIONS A GUIDE FOR SENIOR EXECUTIVES Impact Assessment CRAFT Risk Assessment Monetary Authority of Singapore April 2007 (revised in April 2013) 1 -------- Introduction The Monetary Authority of Singapore (MAS) is the integrated
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 3624 NOTICE PAPER 1450 OF 2022 FOR ORAL ANSWER Date: For Parliament Sitting on 20 October 2022 Name and Constituency of Member of Parliament Mr Desmond Choo, MP, Tampines GRC Question: To ask the Prime Minister in view of higher interest rates (a) whether there has been an increase in corporate bad debts; and (b) how does the Monetary Authority of Singapore ensure that SMEs continue to have access to capital to grow their businesses. Answer by Mr Alvin Tan, Minister of State, Ministry
- MAS
- Guidelines
Last revised date:
- Guidelines for financial institutions on safeguarding the integrity of Singapore's financial system, including the filing of Suspicious Transaction Reports. These guidelines apply to all financial institutions (FIs) in Singapore. They reiterate Singapore's commitment to safeguarding the integrity of its financial system. FIs should guard against the use of their operations to facilitate any illegitimate activity. If they have reason to suspect that any asset transfers into Singapore are illegitimate
- MAS
- Notices
Last revised date:
- This Notice sets out regulatory forms and other administrative matters for payment service providers, operators of designated payment systems and settlement institutions of designated payment systems. Amendment Notes There are no amendment notes for this notice. MAS Notice No.: PSN09 Notice to licensees, operators of designated payment systems and settlement institutions of designated payment systems Payment Services Act 2019 (Act 2 of 2019) Issue Date: 5 December 2019 NOTICE ON
- MAS
- Circulars
Last revised date:
- Sets out the conditions for banks when outsourcing cash and cheque-related transactional services to another bank in Singapore. Date: 20 Nov 2002 To Chief Executive Officers of All Banks Dear Sir/Madam OUTSOURCING OF CASH AND CHEQUE-RELATED TRANSACTIONAL SERVICES TO ANOTHER BANK to services MAS has received feedback from banks which lack scale in front office transactional services that it may be more efficient and beneficial for them to outsource
- PDPC
- Public Consultations
Last revised date:
- SEPTEMBER 29, 2017 PDPC’S PUBLIC CONSULTATION ON APPROACHES TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY SUBMITTED BY: ISACA SINGAPORE CHAPTER 105 Cecil Street, The Octagon, #06-02E, Singapore 069534. -------- 105 Cecil Street The Octagon, #06-02E Telephone: +65 6221 8078 Website: www.isaca.org.sg Singapore 069534 E-mail:MemberServices@isaca.org.sg Table of Contents Background ...........................................................................