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
    • Media Releases

    Last revised date:

    • Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The first of its kind globally, the linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators NETS Group and the National ITMX Company Limited. , bankers’ associations, and participating banks. 2.      Customers
    • MAS
    • FAQs

    Last revised date:

    • Provides clarification and additional guidance on the regulatory requirements that managers of funds and REITs are expected to comply with under the SFA amid the COVID-19 pandemic. FAQs on Offers of Units in Collective Investment Schemes (including REITs) [issued on 4 May 2020] This set of FAQs is meant to provide clarification and additional guidance on the regulatory requirements that managers of funds and Real Estate Investment Trusts (REITs) are expected to comply with under
    • MAS
    • Media Releases

    Last revised date:

    • Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The first of its kind globally, the linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators NETS Group and the National ITMX Company Limited. , bankers’ associations, and participating banks. 2.      Customers
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • 14 October 2021 INTRODUCTION 1.   In its April 2021 Monetary Policy Statement, MAS kept the rate of appreciation of the S$NEER policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was appropriate as core inflation was projected to rise only gradually from subdued levels and keep below its historical average. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2.   Over the last six months, the S$NEER broadly fluctuated
    • MAS
    • Media Releases

    Last revised date:

    •  A Financial Network for Excellence in Training to be set up. Details of Financial Sector Development Fund announced. 18 January 2001... The Monetary Authority of Singapore (MAS) announced today a framework of strategies to strengthen and sustain excellence in financial manpower will be established. The new two-pronged framework comprises the setting up of a Financial Network for Excellence in Training, and the deployment of the Financial Sector Development Fund (FSDF) to support programmes to enhance
    • PDPC

    Last revised date:

    • PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT PUBLIC CONSULTATION FOR FOR NRIC NUMBERS Issued 07 November 2017 -------- PUBLIC CONSULTATION FOR PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC NUMBERS (Issued 07 November 2017) TABLE OF CONTENTS PART I: INTRODUCTION AND OVERVIEW ................................................... 3 2 3 Introduction ......................................................................
    • PDPC
    • Public Consultations

    Last revised date:

    • 11 June 2018 To: Personal Data Protection Commission Re: PDPC’s Public Consultation on Managing Unsolicited Commercial Messages and the Provision of Guidance to Support Innovation in the Digital Economy With reference to the public consultation for managing unsolicited commercial messages and the provision of guidance to support innovation in the digital economy issued on 27 April 2018, comments from Manulife (Singapore) Pte Ltd are as follows: Question / paragraph
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 14 March 2018… The tripartite partners in the banking industry launched today an advisory on good human resource (HR) practices for banks as they gear up to create jobs and build skills for the future. The tripartite advisory sets out good practices in hiring, reskilling, redeployment and retrenchment, and encourages banks to equip their workforce with relevant skills and capabilities to meet the future needs of the industry. 2     Developed jointly by The Association of Banks in Singapore
    • MAS
    • Speeches

    Last revised date:

    • Mr Lim Swee Say, Minister for Manpower Members of the IBF Council, Distinguished guests, ladies and gentlemen, Welcome to the IBF Distinction Evening 2017. Tonight, we are honoured to have Mr Lim Swee Say, Minister for Manpower, as our Guest-of-Honour. Minister Lim, as you know, has been a lifelong passionate advocate for helping our workers build up their skills, grow in their jobs, and contribute to the economy. He will speak later in the evening on these issues – issues that are close to his heart
    • PDPC
    • Public Consultations

    Last revised date:

    • Public Consultation on the positions proposed for the Regulations & Guidelines to be made under the PDPA 1… Who we are This submission is from the Market Research Society Singapore (“MRSS”). MRSS (http://www.mrssingapore.org.sg/) was established in 2000 in response to the need for a body that would unite research practitioners toward common goals including the continued professionalism of the industry, cooperation among research organizations, upholding of the highest standards of