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
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 2 Case No. DP-1811-B3061 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And SCAL Academy Pte. Ltd. … Organisation DECISION -------- SCAL Academy Pte. Ltd. [2020] SGPDPC 2 Tan Kiat How, Commissioner — Case No. DP-1811-B3061 8 January 2020 Introduction 1 SCAL Academy Pte. Ltd. (the “Organisation”) provides courses, seminars and workshops for
- PDPC
- Public Consultations
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- Feedback to PDPC Industry Engagement on NRIC Guidelines NTUC Social Enterprises -------- TABLLE OF CONTENTS ORGANISATIONS AND KEY CONTACT PERSON ......................................................................... 3 SUMMARY OF MAJOR POINTS [Redacted] ............................................................................... 4 COMMENTS TO QUESTIONS OUTLINED IN THE PUBLIC CONSULTATION DOCUMENT .......... 13 CONCLUSION ........................................................
- MAS
- Media Releases
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- Singapore Green Bond Framework to establish guidelines for green bond issuances by the public sector The Singapore Government today published the Singapore Green Bond Framework (Framework), a governance framework for sovereign green bond issuances under the Significant Infrastructure Government Loan Act 2021 (SINGA). The Framework details the Singapore Government’s (i) intended use of green bond proceeds, (ii) governance structure to evaluate and select eligible projects, (iii) operational approach
- MAS
- Media Releases
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- Guide for climate-related disclosures and framework for green trade finance Singapore, 19 May 2021… A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and fostering green solutions. 2. The Green Finance Industry Taskforce (GFIT) issued a detailed implementation guide for climate-related disclosures by financial institutions; a framework to help banks assess
- PDPC
- Commission's Decisions
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- A financial penalty of $15,000 was imposed on SCAL Academy for failing to put in place reasonable security arrangements to protect the personal data of individuals on its website. These individuals had provided their personal data to SCAL Academy for registration purposes to attend its courses, seminars or workshops. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 2 Case No. DP-1811-B3061 In the matter of an investigation under section 50(1) of the Personal
- MAS
- FAQs
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- FAQs on Compliance with Principles For Financial Market Infrastructures for central counterparties, securities settlement systems, central securities depositories and trade repositories. Monetary Authority of Singapore SECURITIES AND FUTURES ACT (CAP. 289) COMPLIANCE WITH PRINCIPLES FOR FINANCIAL MARKET INFRASTRUCTURES FREQUENTLY ASKED QUESTIONS Disclaimer: These FAQs are meant to provide guidance to the industry on MAS policy and administration of
- MAS
- Media Releases
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- Guide for climate-related disclosures and framework for green trade finance Singapore, 19 May 2021… A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and fostering green solutions. 2. The Green Finance Industry Taskforce (GFIT) issued a detailed implementation guide for climate-related disclosures by financial institutions; a framework to help banks assess
- MAS
- Media Releases
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- Two financial panels set up to formalise private sector consultation Speaking at a dinner held at the Shangri-La Hotel last night, Deputy Prime Minister Lee Hsien Loong paid tribute to the efforts of the 5 private sector committees which contributed to the work of the Financial Sector Review Group (FSRG). The 5 committees are the Finance and Banking Competitiveness Sub-Committee chaired by Mr Peter Seah; the Committee on Banking Disclosure chaired by Mrs Elizabeth Sam; the Corporate Finance Committee
- MAS
- Speeches
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- Date: 20 Jul 2001 Introduction Five years ago, MAS celebrated its 25th Anniversary. A year later, the Asian financial crisis hit us. While Singapore did not escape the contagion effects, we were spared the massive disruptions that affected other economies in the region. 2 The resilience of the Singapore economy during the crisis was attributable in large measure to our sound economic management. In this regard, MAS has played a key role. Over the years, you have built up a solid international
- PDPC
- Public Consultations
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- -------- CONTENTS S/No. Description A B C D Summary of major points Statement of Interest Comments Conclusion Page(s) 3 3 3 - 6 6 -------- A. 1. 2. B. C. 1. 1.1 1.2 Summary of major points The author is of the view that for the purposes of the Personal Data Protection Act 2012 (the “Act”) access requests should be made affordable and not at all costs to the individuals raising the access request. It should not be