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
    • Speeches

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    •  1   Good evening.  I am very happy to join you tonight for Great Eastern’s centennial celebrations. Great Eastern – Reaching 100 Years of Age 2   Reaching 100 years of age is a significant achievement.  In 1908, when Great Eastern opened its first office at Winchester House in Collyer Quay, it had only 15 staff and $70,000 worth of assets.  Since then, you have grown in tandem with Singapore, and are now the largest insurance group here and in Malaysia, with assets of over $45 billion. 3   Over
    • MAS
    • Speeches

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    • 1   Mdm Speaker, I beg to move, “That the Bill be now read a second time”. 2   The Financial Holding Companies Bill introduces a regulatory framework for the Monetary Authority of Singapore (MAS) to regulate financial holding companies (FHCs) and their financial groups. For the purpose of the Bill, an FHC is a non-operating holding company which is incorporated in Singapore and holds a Singapore bank or insurance subsidiary, or both. 1 3   The FHC Bill will provide greater clarity to the industry
    • MAS
    • Speeches

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    • Mr. Stephen O’Connor, Chairman of ISDA; Mr. Robert G. Pickel, CEO of ISDA Distinguished guests, Ladies and gentlemen; Introduction 1. Let me start off by extending a warm welcome to everyone here today. It is my pleasure to be with you this morning and to welcome the ISDA AGM back to Singapore. I understand that the last time the AGM was held here was 7 years ago. 2. When the AGM was last held in Asia, it was in Beijing, amidst the aftermath of the financial crisis in 2009. Then, the agenda was focused
    • MAS
    • Speeches

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    •  Dr Su Guaning, President NTU, Prof Haresh Shah, Prof Bertil Andersson, Prof TC Pan, Ladies and Gentlemen Introduction 1   Good morning! I am honoured to address this prominent gathering of experts in this inaugural international symposium on catastrophe risk management. I am also delighted to join you in the launch of the Institute of Catastrophe Risk Management (“ICRM”), which will be among the first in Asia to focus on this area. Threat of increasing catastrophe risks globally and in Asia 2  
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 32 Case No DP-1807-B2376 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And O2 Advertising Pte. Ltd. … Organisation DECISION -------- O2 Advertising Pte. Ltd. [2019] SGPDPC 32 Tan Kiat How, Commissioner — Case No DP-1807-B2376 28 August 2019 Background 1 An individual found certain of his personal data accessible over the Internet without his
    • MAS
    • Speeches

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    • Mr Tang Liangzhi, Chongqing Mayor, Distinguished guests, ladies and gentlemen, good afternoon. Introduction 1 I am happy to join you today for the China (Chongqing)-Singapore Connectivity Initiative (CCI) Financial Summit. I am glad to see so many of our friends from ASEAN and provincial governments of Western China present here today. 2 I was just here in Chongqing two weeks ago for the 15 th Joint Council for Bilateral Cooperation, or JCBC, between China and Singapore. At the JCBC, we discussed
    • MAS
    • Speeches

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    • Mr John Neal, CEO, Lloyd’s of London Ladies and Gentlemen 1.     Thank you for inviting me to join you today. Let me begin by congratulating the Cyber Risk Management Project or CyRiM, on the launch of its catastrophic cyber attack scenario report. CyRiM is led by the Nanyang Technological University’s Insurance Risk and Financial Research Centre, in partnership with industry Founding Members Aon Centre for Innovation and Analytics, Lloyd’s, MSIG, SCOR and TransRe, and has partnered the University
    • MAS
    • Subsidiary Legislation

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    • Sets out the rules and regulations in relation to credit cards and charge cards. 14 May 2022 Banking (Credit Card and Charge Card) (Amendment) Regulations 2022 (64.6 KB) come into operation. 01 Jun 2017 Banking (Credit Card and Charge Card) (Amendment) Regulations 2017 (321.6 KB) come into operation. 01 Nov 2015 Banking (Credit Card and Charge Card)(Amendment No. 2) Regulations 2015 (62.5 KB) come into operation. 1 S 379/2022 First published in the Government Gazette, Electronic Edition, on 13
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Proposed Amendments to Disclosure Requirements (564.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to Disclosure Requirements under MAS Notices 637, 651 and 653 (1.52 MB) RESPONSE TO FEEDBACK RECEIVED December 2017 Proposed Amendments to Disclosure Requirements under MAS Notices 637, 651 and 653 Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED ON PROPOSED AMENDMENTS
    • PDPC
    • Public Consultations

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    • SINGAPORE TELECOMMUNICATIONS LTD SUBMISSION TO THE PERSONAL DATA PROTECTION COMMISSION OF SINGAPORE IN RESPONSE TO THE PUBLIC CONSULTATION ON PROPOSED REGULATIONS ON DATA PROTECTION IN SINGAPORE DATE OF SUBMISSION: 1 APRIL 2013 -------- 1 2 3 11 TABLE OF CONTENTS 1 2 3 4 INTRODUCTION SUMMARY OF MAJOR POINTS COMMENTS CONCLUSION -------- SINGAPORE TELECOMMUNICATIONS LTD SUBMISSION TO THE PERSONAL DATA PROTECTION