Definition of “business trust”
Universal
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"
Filter by
Sort by
- MAS
- Guidelines
Last revised date:
- Guidelines for financial institutions on the safeguarding of financial system integriy against risks emanating from Iran. Issue Date: 11 MAY 2012 Guidelines On Safeguarding Financial System Integrity Against Risks Emanating From Iran To preserve global financial integrity, Singapore fully supports the action of the United Nations (UN) and the Financial Action Task Force (FATF) to combat money laundering and the financing of terrorism and proliferation
- MAS
- Media Releases
Last revised date:
- Singapore, 9 February 2020… Following the raising of the Disease Outbreak Response System Condition (DORSCON) Alert Level from Yellow to Orange, the Monetary Authority of Singapore (MAS) issued an advisory on 7 February 2020 for financial institutions in Singapore to adopt additional measures and precautions. This is the third advisory to financial institutions since January 2020. 2 MAS’ advisory of 7 February 2020 called on financial institutions to adopt the additional recommended measures by
- MAS
- Media Releases
Last revised date:
- Singapore, 26 March 2020… The Monetary Authority of Singapore (MAS) announced that it will provide up to US$60 billion of funding to banks in Singapore through a new MAS USD Facility. The MAS USD Facility will support more stable USD funding conditions in Singapore, and facilitate USD lending to businesses in Singapore and the region. It will also contribute to global efforts by central banks to maintain stability and normal functioning of financial markets. 2 MAS will obtain USD, in exchange
- MAS
- Economic Essays
Last revised date:
- By the Economic Policy Group, Monetary Authority of Singapore This study was published as Special Feature A in the April 2020 Macroeconomic Review. Special Features 83 Special Feature A Asias Electronics Supply Chains and Global Trade Corridors 1 Introduction Over the past half century, Asia has grown into a global manufacturing powerhouse alongside the export-oriented industrialisation process adopted by many countries. The regions dominance in manufacturing
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 48 Case No. DP-1903-B3445 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Society of Tourist Guides (Singapore) … Organisation DECISION -------- Society of Tourist Guides (Singapore) [2019] SGPDPC 48 Tan Kiat How, Commissioner — Case No. DP-1903-B3445 26 December 2019 Introduction 1 On 3 March 2019, the Personal Data Protection Commission (the
- MAS
- Speeches
Last revised date:
- Distinguished Guests Ladies and Gentlemen 1 I am very happy to join all of you for the FICS Distinction Evening. 2 Let me first offer my heartiest congratulations to this evening’s award recipients. Ten individuals will receive the Distinguished Financial Industry Certified Professionals (DFICPs) title – this is the highest certification title under the Financial Industry Competency Standards, and it represents a commitment to high standards of professional competence and excellence. We are also
- MAS
- Media Releases
Last revised date:
- 24 Aug 1999...MAS today issued the Insurance (Financial Guarantee Insurance) (Amendment) Regulation 1999. The amended regulation allows multi-line insurers and reinsurers to engage in financial guarantee insurance business. It also stipulates a new requirement for licensed financial guarantee insurers to build up specific contingency reserves to meet unexpected large claims. MAS said that the amended regulations also eases a previous restriction that allowed only Singapore-incorporated subsidiaries
- MAS
- Media Releases
Last revised date:
- 9 Nov 1998.. The Corporate Finance Committee submitted its final report on 21 Oct 98. It has made 38 recommendations, concerning the philosophy and framework of regulation, standards of disclosure, and measures to liberalise and develop Singapore as an international corporate fund-raising centre. 2 The main thrust of the Committee's recommendations is that Singapore should shift from merit-based regulation to a predominantly disclosure-based regime to promote innovation, entrepreneurship, efficiency
- MAS
- Media Releases
Last revised date:
- First Fund Management Company In Singapore To Be Awarded. 19 Nov 1998... Minister for Finance, Dr Richard Hu, today awarded Morgan Stanley Dean Witter (MSDW) Investment Management Company with the Enhanced Fund Manager status, the first fund management company in Singapore to be granted the tax holiday. Speaking at the opening of MSDW's new office premises at Capital Square, Dr Hu noted that MSDW's Singapore operations had grown substantially since it started operating in 1990. "Singapore now serves
- MAS
- Media Releases
Last revised date:
- Singapore, 17 December 2020…The Monetary Authority of Singapore (MAS) announced today the further extension of the US$60 billion swap arrangement with the US Federal Reserve (Federal Reserve) through 30 September 2021 MAS established the US$60 billion swap facility with the Federal Reserve on 19 March 2020 . On the back of this swap facility, MAS established the MAS USD Facility on 26 March 2020 to lend USD to banks in Singapore. On 30 July 2020 , both the swap facility and the MAS USD Facility were