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

    Last revised date:

    • PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR SELECTED TOPICS – PHOTOGRAPHY 16 MAY 2014 -------- ADVISORY GUIDELINES ON THE PDPA FOR SELECTED TOPICS PART I: INTRODUCTION .......................................................................................... 3  1  Introduction ........................................................................................... 3  PART II: SELECTED TOPICS ...........................................................
    • MAS
    • FAQs

    Last revised date:

    • Provides guidance to financial institutions on how to use the Data Validation module in the Representative Notification System to review and validate the mappings of their current activities and products under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA) to those under the amended SFA and FAA. Please note that the Data Validation module was closed on 3 October 2018. This set of FAQs is no longer relevant. Monetary Authority of Singapore SECURITIES AND FUTURES ACT (SFA
    • MAS
    • Consultations

    Last revised date:

    • Proposed guidance on safeguards to guard against representatives advising clients to switch from one designated investment product (i.e. a collective investment scheme, a life policy or any other investment product prescribed by MAS) to another, that is detrimental to the client. Response VIEW DOCUMENT Response to Feedback: Draft Guidelines on Switching of Designated Investment Products (112.2 KB) Consultation Paper VIEW DOCUMENT Draft Guidelines on Switching of Designated Investment Products (52.2
    • MAS
    • Guidelines

    Last revised date:

    • Guidance on Notice SFA04-N16 on the requirements relating to the execution of customers’ orders. These guidelines apply to - Capital markets services (CMS) licensees; and - Banks, merchant banks and finance companies which conduct the regulated activities of dealing in capital markets products, fund management or real estate investment trust management under the SFA. They set out guidance on the requirements in Notice SFA04-N16 on Execution of Customers’ Orders to have policies and procedures to
    • MAS
    • Speeches

    Last revised date:

    • Ladies and gentlemen, good morning. I am happy to join you at the SuperReturn Asia Conference — the first time the conference is being held fully in person since the start of COVID-19, and the first time here in Singapore. Uncertainty has become the dominant theme in investment today. Let me touch on four key uncertainties around the global economy: first, how severe will the economic downturn be next year? second, where is inflation headed in the medium term? third, how will geopolitical tensions
    • MAS
    • Speeches

    Last revised date:

    • Ms Jenny Sofian, Chair of IMAS Mr Steven Yankelson, Head of ASEAN for Bloomberg Ladies and gentlemen, good morning I am happy to join you at this annual conference in-person this year. Congratulations Jenny on your appointment as Chair of IMAS.  IMAS has been working closely with MAS, to grow green finance, develop talent, and digitalise the asset management industry.  We look forward to further strengthening this productive partnership. The investment business has never been more interesting – if
    • MAS
    • Speeches

    Last revised date:

    • Prime Minister Lee Hsien Loong, Chairman and Board Members of MAS, ESM Goh Chok Tong, Friends and Family of MAS Welcome to the MAS’ 50th Anniversary Partners Appreciation Evening – the first in a series of events to commemorate our Golden Jubilee. This evening is a time for thanksgiving. There are about 50 of us here at the MAS Building and about 800 friends and family joining us virtually. This includes our friends from the financial industry, consumer and governance groups, tripartite partners,
    • PDPC
    • Public Consultations

    Last revised date:

    • Public Consultation on Review of The Personal Data Protection Act 2012 – Proposed Data Portability and Data Innovation Provisions (Issued 22 May 2019) Dear Sir/Mdm We wish to submit our comments for the Public Consultation on Review of The Personal Data Protection Act 2012 – Proposed Data Portability and Data Innovation Provisions (Issued 22 May 2019) Company: NTUC Income Co-operative Ltd -------- Public Consultation on Review of The Personal Data Protection
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 6 November 2017… The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Ross Levine as the MAS Term Professor in Economics and Finance from 6 to 17 November 2017. Prof Levine will be hosted by the NUS Faculty of Arts and Social Sciences’ Department of Economics and the Economic Policy Group at the MAS during the term of the Professorship. Prof Ross Levine is the Willis H. Booth Chair in Banking and Finance at the Haas School
    • MAS
    • Speeches

    Last revised date:

    • Mr Zhou Xiaochuan, Governor of the People’s Bank of China Distinguished Guests Ladies and Gentlemen 1   Good afternoon. Thank you for taking the time to witness the opening of the Monetary of Authority of Singapore’s Beijing Representative Office. MAS’ first representative office in Asia 2   This is MAS’ first representative office in Asia. Three factors underpin our choice to base our first Asian representative office in China. China’s growth has significant implications for the Asian region and