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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- Mr Blair Hall, Deputy Chief of Mission of US Embassy of Singapore Her Excellency, Ms Heather Grant, High Commissioner at the High Commission of Canada Mr Chris Townsend Mr Zia Zaman Distinguished guests, ladies and gentlemen, I am very pleased to join you this afternoon at this wonderful location for the official opening of MetLife’s LumenLab. MetLife and LumenLab Lumenlab represents a significant milestone for MetLife and Singapore. As MetLife’s first and only global innovation centre established
- PDPC
- Advisory Guidelines
Last revised date:
- Organisations can learn the observed tactics, techniques and procedures employed by recent threat actor ALTDOS to compromise their victims’ networks, and consider implementing the recommended measures to mitigate the threat posed. The document is available here . Joint Advisory on ALTDOS This joint advisory is the result of a collaborative effort between the Cyber Security Agency of Singapore (CSA), the Personal Data Protection Commission (PDPC) and the Singapore Police Force (SPF). Collectively
- PDPC
- Commission's Decisions
Last revised date:
- Directions, including a financial penalty of $10,000, were imposed on O2 Advertising for breaches of the PDPA. The organisation failed to put in place reasonable measures to protect individuals’ personal data collected from an advertising campaign and did not cease retention of such data when it was no longer required. The organisation was also directed to appoint a data protection officer and put in place data protection policies and practices. Click here to find out more. PERSONAL DATA PROTECTION
- MAS
- Staff Papers
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- MAS Staff Paper No. 39, July 2005 - By Jared J Enzler, Christopher W Murphy, Ng Heng Tiong, Angela Phang and Edward Robinson Abstract This paper provides an overview of the macromodelling work undertaken at the Economic Policy Department (EPD). EPD has been engaged in macromodelling since at least 1986. Our efforts in this area were sparked by the increasing recognition of the need for a quantitative tool to assess the macroeconomic impact of policy options on the Singapore economy. The first
- MAS
- Monographs/Information Papers
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- The Monetary Authority of Singapore (MAS) and Banque de France (BdF) jointly experimented on wholesale cross-border payment and settlement using central bank digital currency (CBDC). The experiment, supported by J.P. Morgan’s Onyx, simulated cross-border transactions involving multiple CBDCs (m-CBDC) on a common network between Singapore and France. This is the first m-CBDC experiment that applied automated market making and liquidity management capabilities to reap cross-border payment and settlement
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION Case No DP-1901-B3254 [2019] SGPDPC 38 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And EU Holidays Pte. Ltd. DECISION … Organisation 1 -------- EU Holidays Pte. Ltd. [2019] SGPDPC 38 Tan Kiat How, Commissioner — Case No DP-1901-B3254 4 October 2019 Introduction 1 On 14 January 2019, the Personal Data Protection Commission (the “Commission”) received
- MAS
- Speeches
Last revised date:
- Mr Anthony Lim, President of Singapore Insurance Brokers' Association and new Chairman of World Federation of Insurance Intermediaries Mr Bruce Basso, Immediate Past Chairman of World Federation of Insurance Intermediaries Distinguished Guests, Ladies and Gentlemen, OPENING 1 Good morning. Let me first welcome all visitors to Singapore. I understand that this is the first time the World Federation of Insurance Intermediaries (WFII) is holding its Board Meeting in Asia. We are certainly delighted
- MAS
- Speeches
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- Professor Michael Furmston, Dean of School of Law, Singapore Management University Ladies and Gentlemen Good morning Introduction 1. It is my pleasure to join all of you at the Islamic Finance News Roadshow, held at the Singapore Management University (SMU). The SMU has been a strong proponent of people development for the Islamic finance industry. Allow me to congratulate the university on the upcoming launch of its Master of Laws programme, which comprises specialisation in Islamic Law and Finance
- MAS
- Speeches
Last revised date:
- Mr Tony Negus and Mr Ong Hian Sun, Co-chairs of the APG Dr Gordon Hook, Executive Secretary of the APG Distinguished delegates Ladies and Gentlemen Introduction 1 Good morning. It is my pleasure to be here today at the 13th Annual Meeting of the Asia-Pacific Group on Money Laundering. On behalf of the Government of Singapore, I extend a warm welcome to all participants present, and wish you all a fruitful and enjoyable stay in Singapore. 2 APG has grown in strength since 13 years ago. It
- MAS
- Speeches
Last revised date:
- Distinguished Guests, Ladies and Gentlemen, Introduction 1 Good morning. It is an honour for me to have the opportunity to address this prominent gathering of treasurers, money managers, repo and collateral managers at this inaugural Global Securities Financing Asian Conference. 2 I understand that the event has a strong following in Europe, which is currently in its fourteenth year. Hence, I would like to congratulate Clearstream for its success in this initiative and in bringing global and