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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- Speeches
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- Professor Bernard Yeung, National University of Singapore Business School, and President of the Asian Bureau of Finance and Economic Research (ABFER) Professor Steven J Davis, University of Chicago, Hoover Institution, and EXCO Member of ABFER Distinguished speakers and guests, ladies and gentlemen GETTING IN ALL THE CRACKS OR TARGETING THE CRACKS? At the inaugural Asian Monetary Policy Forum in 2014, I spoke about the challenge of securing both price stability and financial stability. Menon (2014
- MAS
- Recent Economic Developments
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- This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects. Recent Economic Developments 17 February 2023 Economic and Monetary Developments International Economy Global headline inflation appears to have peaked towards the end of last year. However, the easing of price pressures is narrowly attributed to the correction in global commodity and logistical costs, and has resulted in a wedge between goods
- PDPC
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- ADVISORY GUIDELINES FOR MANAGEMENT CORPORATIONS ISSUED 11 MARCH 2019 -------- ADVISORY GUIDELINES FOR MANAGEMENT CORPORATIONS (Issued 11 MARCH 2019) TABLE OF CONTENTS PART I: INTRODUCTION .......................................................................................................... 3 1 Introduction................................................................................................................ 3 PART II: APPLICATION OF THE DATA PROTECTION PROVISIONS
- PDPC
- Commission's Decisions
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- A financial penalty of $20,000 was imposed on Times Software, a data intermediary, for: (i) failing to make reasonable security arrangements to prevent the unauthorised disclosure of personal data belonging to the employees of its clients; and (ii) retaining personal data which was no longer necessary for legal or business purposes. Separately, Dentons and TMF were each issued a warning for failing to put in place reasonable security arrangements with Times Software to prevent unauthorised disclosure
- MAS
- Economic Essays
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- This study was published as Special Feature B in the April 2019 Macroeconomic Review. 90 Macroeconomic Review, April 2019 Special Feature B Rethinking Fiscal Policy In An Era Of Low Interest Rates by Martin S. Eichenbaum1 Secular stagnation and low real interest rates compel us to re-think the extent to which fiscal policy should be used to combat recessions. This paper argues that we should adopt a system of asymmetric, automatic stabilisers. Programmes like unemployment benefits would, by
- PDPC
- Public Consultations
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- 1 April 2013 Chairman Personal Data Protection Commission Singapore Dear Sir, Symantec Submission to the Proposed Advisory Guidelines on Key Concepts in the Personal Data Protection Act By the Personal Data Protection Commission, Singapore Symantec is a global leader in providing security, storage and systems management solutions to help our customers – from consumers and small businesses to the largest global organizations – secure and manage their information and identities
- MAS
- Speeches
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- 1 Welcome to the 2008 IBF Annual Conference which is held in conjunction with our 33rd Annual General Meeting. 2 When we held our last AGM and Annual Conference in May last year, the mood among global financial institutions was buoyant. The outlook for the global economy and financial markets was positive. The main concern among firms was the severe shortage of staff. Today, the mood is cautious. The credit crisis is still working its way through, inflation has become a major concern everywhere
- MAS
- Speeches
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- 1 Good morning distinguished guests, ladies and gentlemen. Let me first extend a warm welcome to all of you here this morning, including my fellow IBF Council members and our FICPs. I am pleased to open the 2010 IBF Annual Conference which is held in conjunction with IBF’s 35th Annual General Meeting. Moving Ahead From The Crisis 2 Compared to the last Annual Conference exactly one year ago, we meet today under a much improved economic climate. This has been due in no small part to the unprecedented
- MAS
- Speeches
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- Introduction 1 Ladies and gentlemen, good morning and welcome to the first ABS – MAS Technology Risk Seminar. 2 I am very happy to see this large gathering of IT and risk professionals from the financial industry as well as fellow IT regulators from around the world. 3 I hope this seminar will provide an opportunity for all of you to exchange views and insights on the latest developments in information security and technology risk management. Addressing Technology Risks in The Financial Sector
- MAS
- Speeches
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- Mr Anthony Scaramucci, Managing Partner, SkyBridge Capital Distinguished guests, ladies and gentlemen. A very good morning to all of you. I am very pleased to join you at the inaugural Asian leg of the SALT conference. Global outlook 2. As we move into the last quarter of 2012, the world economic outlook remains uncertain. Advanced economies continue to encounter headwinds as deleveraging, fiscal consolidation and a still-weak financial system act as a drag on growth. 3. With US and Europe