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
- Annual Reports
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- The Annual Report outlines MAS' activities and achievements in FY 2020/2021. It also includes MAS’ financial statements and a message from Mr Tharman Shanmugaratnam, Chairman, MAS. Download the Financial Statement 2020/2021 (600.9 KB) Media Conference Ravi Menon, Managing Director of MAS, spoke on the global and domestic economic outlook, financial stability, financial sector performance and MAS' financial operations at the Annual Report media conference, 30 June 2021. Read the full speech Watch
- MAS
- Speeches
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- 22-23 August 2000 "Revolutionary Leadership in the Insurance Industry" Speech by Mrs Hauw Soo Hoon, Executive Director (Insurance Department), MAS Date: 22 Aug 2000 1 I am very happy to join you this morning for the 3rd GAMA Singapore Agency Management Conference. 2 Coming a day after the announcement of CEDLI's recommendations, GAMA could not have chosen a more appropriate time for this conference. For the benefit of our foreign friends, CEDLI - which stands for the Committee on Efficient
- MAS
- Speeches
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- Opening Remarks by Mr Lim Hng Kiang, at the 36th SEACEN Governors' Conference, Shangri-La Hotel Date: 31 May 2001 Honourable Governors Distinguished Guests and Delegates Ladies and Gentlemen Introduction 1 It gives me great pleasure to bid you a warm welcome to the Annual Conference of the Governors of the South-East Asian Central Banks. This is the 36th Conference and reflects the close ties and strong co-operation that central banks and monetary authorities in the region have forged over the
- MAS
- Speeches
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- Mr Peter Seah Lim Huat, Chairman, DBS Bank Limited Mr Piyush Gupta, Chief Executive Officer, DBS Bank Limited Distinguished Guests, 1. It is a real pleasure to be here with you for the official opening of DBS’ new headquarters at the MBFC – DBS Asia Central. 2. Established in 1968 as the Development Bank of Singapore, DBS played a key role in helping to drive Singapore’s industrialization efforts. As Singapore moved to develop into a key financial centre in the Asian timezone, DBS also evolved
- MAS
- Speeches
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- Mr Lim Boon Heng, Chairman, Temasek Holdings Distinguished Guests Ladies and Gentlemen Introduction 1 It is a great pleasure to join you this morning at the second edition of the Singapore Sustainable Investing and Financing Conference. a. Thank you, Blackrock, International Finance Corporation and Temasek for organising this very important event. Urgent Need for Sustainable Financing 2 Climate change is urgent and real. It will be the defining challenge of our generation. 3 Given increasing
- PDPC
- Commission's Decisions
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- Directions were issued to CPR Vision Management Pte Ltd to conduct a security audit of its technical and administrative arrangements for the protection of personal data in its possession or control and rectify any security gaps identified in the audit report. This is pursuant to a data breach incident where CPR Vision Management Pte Ltd’s server and network storage devices were subjected to a ransomware attack. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPCS
- MAS
- Economic Essays
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- This study was published as Special Feature in the April 2010 Macroeconomic Review. 66 Macroeconomic Review, April 2010 and factors cyclical Special Feature Sources of Singapores Economic Growth 1990-200911 Introduction As the world economy emerges from the global financial crisis, countries need to look beyond short-term focus on supply-side drivers that will ensure sustainable growth over the longer term. Accordingly, the identification and
- PDPC
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- PROPOSED ADVISORY GUIDELINES FOR THE EDUCATION SECTOR 16 MAY 2014 -------- PROPOSED ADVISORY GUIDELINES FOR THE EDUCATION SECTOR PART I: INTRODUCTION AND OVERVIEW ............................................................. 3 1 Introduction ........................................................................................... 3 PART II: APPLICATION OF THE DATA PROTECTION PROVISIONS TO SCENARIOS FACED IN THE EDUCATION SECTOR .......................................
- MAS
- Staff Papers
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- MAS Occasional Paper No. 22, August 2002 - By Andrew K Rose Abstract Twenty-four recent studies have investigated the effect of currency union on trade, resulting in 443 point estimates of the effect. This paper is a quantitative attempt to summarize the current state of debate; meta-analysis is used to combine the disparate estimates. The chief findings are that: (a) the hypothesis that there is no effect of currency union on trade can be rejected at standard significance levels; (b) the combined
- MAS
- Monographs/Information Papers
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- MAS conducted thematic inspections on the AML/CFT name screening frameworks and processes of selected financial institutions in 2021. The paper sets out MAS’ supervisory expectations and good practices, areas for improvement, and illustrative examples observed from the inspections. Financial institutions should benchmark themselves against the supervisory expectations and good practices in the paper. STRENGTHENING AML/CFT NAME SCREENING PRACTICES INFORMATION PAPER APRIL 2022 -------- CONTENTS