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"
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- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament Reply to PQ on legislation to facilitate electronic payments Date: For Parliamentary Sitting on 22 Feb 2001 Question: To ask the Deputy Prime Minister whether and when the Government will introduce legislation to facilitate (i) electronic presentation truncation and clearing of cheques and other electronic payment orders; (ii) issue of electronic legal tender; (iii) issue of electronic purses, stored value and payment cards by financially sound institutions other than
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 22 July 2021… Three individuals were charged today for offences under the Securities and Futures Act (SFA) and the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA). In July and August 2016, two of the individuals had purchased shares of Broadway Industrial Group Limited (BIGL), a company listed on the Mainboard of the Singapore Exchange, ahead of the company’s announcement on 22 August 2016 that it had entered into a conditional sale and purchase
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 483 NOTICE PAPER 209 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 January 2021 Name and Constituency of Member of Parliament Mr Dennis Tan Lip Fong, MP, Hougang SMC Question: To ask the Prime Minister in light of the report by the Securities Investors Association Singapore and the Centre of Governance, Institution and Organisations at the National University of Singapore Business School, that Singapore companies are less transparent on corporate governance issues as compared
- MAS
- Media Releases
Last revised date:
- Singapore, 11 October 2007...The Monetary Authority of Singapore (MAS) has released a policy consultation paper on proposed amendments to the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA). This is the third in a series of policy consultations MAS is conducting following a review of the SFA and FAA that commenced in 2006. 2 This policy consultation paper sets out proposed amendments in a number of areas: (a) perpetual licensing for holders of corporate licences; (b) regulatory
- MAS
- Media Releases
Last revised date:
- Singapore, 28 September 2015…The Monetary Authority of Singapore (MAS) announced today that it has accepted $413,161,000 in applications from 19,505 individuals for the first Singapore Savings Bond issue. All applicants will receive their application amount in full, subject to the limit of $50,000 per individual Individuals' applications in excess of the $50,000 issue limit were not accepted. The amounts arising from such excess applications will be refunded to their bank accounts by the end of 29
- SSO
- Legislation
Last revised date:
- Interpretation of this Part 48A. —(1) In this Part, unless the context otherwise requires — “address-harvesting software” means software that is specifically designed or marketed for use for — ( a ) searching the Internet for telephone numbers; and ( b ) collecting, compiling, capturing or otherwise harvesting those telephone numbers; “applicable message” means a message with a Singapore link that is sent to any applicable telephone number; “applicable telephone number” means a telephone number
- MAS
- Enforcement Actions Media Releases
Last revised date:
- Singapore, 30 June 2022…The Monetary Authority of Singapore (MAS) today reprimanded Three Arrows Capital Pte. Ltd. (TAC) for providing false information to MAS and exceeding the assets under management (AUM) threshold allowed for a registered fund management company (RFMC). 2. In August 2013, TAC obtained its RFMC status which allowed it to carry on fund management business with no more than 30 qualified investors and manage assets of no more than S$250 million. TAC novated the management of the
- MAS
- Media Releases
Last revised date:
- Singapore, 9 November 2021... The Monetary Authority of Singapore (MAS) today announced three enhancements to its FinTech Regulatory Sandbox framework to further catalyse financial innovation and FinTech adoption. 2 MAS launched the FinTech Regulatory Sandbox in 2016 to encourage and enable experimentation of technology innovation to deliver financial products and services. The Regulatory Sandbox, which is fully bespoke, was enhanced with Sandbox Express in 2019 to provide firms with a faster option
- MAS
- Forms and Templates
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- Form for the acceptance of offer of composition under section 50 of the Payment Systems (Oversight) Act. ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1. I, _________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, a partner of a partnership, or an officer or a member of governing body of an unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter dated _____
- MAS
- Circulars
Last revised date:
- Guidelines that direct life and composite insurers should adhere to when offering advance premium facilities to their policy owners. Circular No.: ID 08/17 18 July 2017 To Chief Executives All Direct Life and Composite Insurers Dear Sir/Madam ADVANCE PREMIUM FACILITY MAS notes that some insurers have been soliciting for advance premiums (AP) from policy owners by offering attractive interest rates during marketing campaigns. Such AP collected are held