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:

    • Co. Registration no. : 200100843C 4 October 2017 Personal Data Protection Commission (via email: corporate@pdpc.gov.sg) Dear Sir / Madam, Public Consultation for Approaches to Managing Personal Data in the Digital Economy We refer to the above-mentioned Public Consultation dated 27 July 2017 and wish to submit our views on the proposed enhanced framework. Please find our feedback in the Annex below for your consideration. Thank you.
    • PDPC
    • Public Consultations

    Last revised date:

    • RESPONSE TO THE PUBLIC CONSULTATION ISSUED BY THE PERSONAL DATA PROTECTION COMMISSION PROPOSED BUSINESS OPERATION OF THE DO NOT CALL REGISTRY = = = = = = = = = = = = = = = = = = = = = = = = 4 June 2013 = = This paper is prepared in response to the PDPC consultation document dated 15 May 2013 and represents M1’s views on the subject matter. Unless otherwise noted, M1 makes no representation or warranty, expressed or implied, as to the accuracy
    • PDPC
    • Public Consultations

    Last revised date:

    • Response to Public Consultation on Proposed Business Operation of the DNC registry OANDA Asia Pacific Pte Ltd. (“OANDA”) Contact Person: Ms. Simone Tracy Tan Email: tracytan@oanda.com DID: +65 3106 2144, extension 2103 Mobile: +65 8128 2185 OANDA Asia Pacific Pte Ltd is a wholly-owned subsidiary of OANDA Corporation, and holder of Capital Markets and Services Licence # CMS 100122-4. -------- Table of Contents SUMMARY OF MAJOR POINTS COMMENTS CONCLUSION
    • MAS
    • Notices

    Last revised date:

    • Notice to exempt payment service providers on the application of anti-money laundering (AML) and countering the financing of terrorism (CFT) requirements to the provision of payment services for specified products This Notice sets out the application of AML/CFT Notices to persons exempt under section 13(1) of the Payment Services Act 2019 (Act 2 of 2019) in relation to the provision of payment services for a specified product that involves account issuance, domestic money transfer and e-money issuance
    • MAS
    • Enforcement Actions

    Last revised date:

    • First civil penalty enforcement action for failure to disclose shareholding interests Singapore, 17 January 2020… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL) ASIL is a company listed on the Singapore Exchange Securities Trading Limited. . This is the first civil penalty action by MAS for breaches of
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTIONS NO 3600 AND 3601 NOTICE PAPER 2098 OF 2020 FOR ORAL ANSWER Date: For Parliament Sitting on 26 May 2020 Name and Constituency of Member of Parliament Mr Kwek Hian Chuan Henry, MP, Nee Soon GRC Questions: Q 3600. To ask the Prime Minister in light of rapidly decreasing interest rates, whether MAS will pro-actively monitor our banks' housing loan rates to ensure that the downward revisions are timely and fair, so as to ease the financial burden of existing borrowers who are impacted by the
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, November 16, 2017—IFC, a member of the World Bank Group, the Monetary Authority of Singapore (MAS) and the ASEAN Bankers Association (ABA), today introduced, an industry FinTech sandbox for financial institutions and FinTech firms as part of the ASEAN Financial Innovation Network (AFIN), at the sidelines of the 2017 Singapore FinTech Festival . AFIN aims to support financial services innovation and inclusion in less developed markets within the ASEAN region and to provide a platform for
    • MAS
    • Speeches

    Last revised date:

    •  1   Good afternoon, ladies and gentlemen. 2   It is my pleasure to join you at this special occasion to officially launch the educational alliance between the Chartered Insurance Institute and the Singapore College of Insurance. Development of Singapore as an IFC 3   Singapore has done well to establish itself as an international financial centre.  We now have more than 900 banks, insurance companies, securities dealers and fund managers operating in Singapore.  Most of them are institutions of
    • PDPC
    • Public Consultations

    Last revised date:

    • Public Consultation for the Personal Data Protection Act - Singapore Airlines Limited S/N Question Comments / Suggestions Enhanced framework for collection, use and disclosure of personal data 1 Question 1: Should the PDPA provide for Notification of Purpose as a basis for collecting, using and disclosing personal data without consent? Question 2: Should the proposed Notification of Purpose approach be subject to conditions? If so, what are your views
    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • First civil penalty enforcement action for failure to disclose shareholding interests Singapore, 17 January 2020… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL) ASIL is a company listed on the Singapore Exchange Securities Trading Limited. . This is the first civil penalty action by MAS for breaches of