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....
Showing 3926 Documents for "business trust"
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- MAS
- Media Releases
Last revised date:
- Singapore, 9 April 2020... The Monetary Authority of Singapore (MAS) urges individuals and businesses to use digital financial services and e-payments, and minimise visits to the premises of financial institutions (FIs). This will contribute to the effectiveness of the elevated safe distancing measures announced by the Ministry of Health (MOH) last week. 2 MAS expects FIs to be able to provide as many basic financial services through digital channels that do not require physical presence at FI premises
- MAS
- Consultations
Last revised date:
- This consultation paper seeks views on proposed initiatives to: (i) eliminate centrally cleared cheques used by corporates by 2025; and (ii) assist and encourage remaining users of centrally cleared cheques (including individuals) that are able to switch to alternative payment methods to do so. These initiatives form part of a roadmap to terminate the SGD cheque truncation system in the medium term. Consultation Paper VIEW DOCUMENT Consultation Paper on Roadmap to Terminate the SGD Cheque Truncation
- MAS
- Notices
Last revised date:
- Requirements for finance companies when granting an unsecured non-card credit facility to an individual. This notice applies to all finance companies in Singapore. It sets out the requirements a finance company has to comply with when granting an unsecured non-card credit facility to an individual. See explainers: Ongoing Credit Checks and Requirements Credit Limit Management Measure Granting Non-Card Unsecured Credit Facilities Amendment Notes 09 November 2020 MAS Notice 827 (Amendment No.2) 2020
- MAS
- Media Releases
Last revised date:
- Singapore, 12 March 2002 .The Monetary Authority of Singapore ('MAS') is seeking industry comments on the following draft documents relating to the Insurance Act: (a) Insurance (Amendment No 2) Regulations; (b) Insurance (Accounts and Statements)(Amendment No 2) Regulations; and (c) A written Notice relating to Code of Conduct for Insurance Brokers and their Broking Staff. 2 The Insurance Intermediaries Act (IIA) will be repealed when the Financial Advisers Act 2001 comes into operation. Provisions
- MAS
- Parliamentary Replies
Last revised date:
- Question No. 373 Notice Paper No. 60 of 2010 For Oral Answer For Parliament Sitting on 26 April 2010 Name and Constituency of Member of Parliament Mdm Ho Geok Choo, MP for West Coast GRC Question To ask the Senior Minister as the Singapore Dollar Nominal Effective Exchange Rate policy shifts from that of a zero percent appreciation to one of modest and gradual appreciation, will he provide an assessment on how this policy will benefit or impact us. Mr Lim Hng Kiang, Minister for Trade and Industry
- PDPC
- Public Consultations
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- Feedback Electronic form of storage normally consists of 2 types- • digitized personal records and transactions that are active/live in an application system, and • backup media of data from systems While it is possible to formulate a mechanism by which personal data active/live in an application can be removed or anonymised, it is not technically possible to do so for data in the backup media. The effort required to remove /anonymise personal data from such electronic backup
- MAS
- Forms and Templates
Last revised date:
- Form for an exempt benchmark submitter to inform MAS that it has been providing information to a designated benchmark before 8 October 2018, and that it intends to continue doing so from that date. SECURITIES AND FUTURES ACT (CAP. 289) SECURITIES AND FUTURES (FINANCIAL BENCHMARKS) REGULATIONS 2018 REGULATION 28(1) FORM 6 NOTIFICATION TO CONTINUE CARRYING ON A BUSINESS OR ACTIVITY OF PROVIDING INFORMATION IN RELATION TO A DESIGNATED BENCHMARK AS AN EXEMPT BENCHMARK SUBMITTER
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 3270 NOTICE PAPER 1894 OF 2019 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 November 2019 Name and Constituency of Member of Parliament Mr Zainal Sapari, MP, Pasir Ris-Punggol GRC Question: To ask the Prime Minister whether the policy and guiding principles for bank loans based on conventional credit assessment methodology will be reviewed and updated to be relevant to changing business models. Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS:
- MAS
- Exemptions
Last revised date:
- View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 September to 31 December 2014. 1 Issue Date: 18 March 2015 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 September to 31 December 2014 S/N Exemption granted Exemption provision No. of exemptions provided 1 Date of exemption granted 30 Oct 2014 Description Section 99(1)(h) of the SFA, read with
- MAS
- Media Releases
Last revised date:
- Singapore, 31 May 2023… The Monetary Authority of Singapore (MAS) and Google Cloud today signed a Memorandum of Understanding (MoU) to collaborate on generative artificial intelligence (AI) solutions that are grounded on responsible AI practices. The partnership will explore technology opportunities to advance the development and use of responsible generative AI applications within MAS, as well as cultivate technologists with deep AI skillsets. 2 The MoU provides a framework for cooperation in