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....
Showing 3926 Documents for "business trust"
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- MAS
- Speeches
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- Summary of remarks on the Global and Domestic Economic Conjuncture Global Economic Developments: A Narrow Ridge to a Soft Landing Aggregate demand-supply imbalances continue to engender elevated inflation rates across many economies. However, tighter financial conditions, including from higher policy interest rates, coupled with fresh uncertainties, are imparting a moderating effect on demand among the advanced economies. This should dampen the pace of future price increases but still leave inflation
- PDPC
- Commission's Decisions
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- A financial penalty of $5,000 was imposed on Singapore Red Cross for breaches of the PDPA. First, the Organisation failed to put in place reasonable security arrangements to protect the personal data of its blood donors. Second, it was also found to be retaining personal data which was no longer necessary for legal or business purposes. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 16 Case No DP-1905-B3865 In the matter of an investigation under section 50(1
- PDPC
- Commission's Decisions
Last revised date:
- Directions, including a financial penalty of $7,500 were imposed on Majestic Debt Recovery for failing to obtain consent from its debtors to record the debt collection process. Majestic Debt Recovery also did not obtain consent to upload the recordings onto its Facebook Page. Additionally, Majestic Debt Recovery did not have written policies and practices necessary to ensure its compliance with the PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No DP-1903-B3570 [2020
- MAS
- Media Releases
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- Singapore, 6 August 2018… The Corporate Governance Council (Council) today submitted to the Monetary Authority of Singapore, its final recommendations on revisions to the Code of Corporate Governance (Code). The recommendations aim to encourage companies to innovate and grow, and strengthen investor confidence in our capital markets. The Council’s final recommendations are summarised in Annex A and the infographic in Annex B. 2 The Council has also issued its response to feedback received from
- MAS
- Forms and Templates
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- Form for specified capital markets services licensees (“CMSLs”), specified exempt CMSLs, licensed financial advisers and specified exempt financial advisers to notify MAS of their cross-border arrangements with Foreign Related Corporations or Foreign Offices under the following Exemption Regulations: - Securities and Futures (Exemption for Cross-Border Arrangements) (Foreign Related Corporations) Regulations 2021; - Financial Advisers (Exemption for Cross-Border Arrangements) (Foreign Related Corporations
- MAS
- Media Releases
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- Chongqing, 20 April 2023… Financial connectivity between Singapore and the Western Region of China has continued to grow despite challenging global economic and financial conditions. In 2022, the China-Singapore (Chongqing) Connectivity Initiative (CCI) catalysed about US$6 billion in cross-border financing deals from the Western Region, bringing the total value of deals facilitated since the CCI’s inception in 2015 to over US$29 billion. 2. Mrs Josephine Teo, Minister for Communications and Information
- MAS
- Economic Essays
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- This study was published as Special Feature A in the October 2009 Macroeconomic Review. 58 Macroeconomic Review, October 2009 In Special Feature A Explaining Asias Export Performance in the Downturn1 Introduction The continued expansion of Asian economies2 up until early 2008 despite a softening US economy had led some to suggest that Asia has decoupled from the business cycle of the advanced economies. However, the sharp decline
- MAS
- Consultations
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- This consultation paper sets out MAS’ proposals to enhance disclosure requirements for the sale of investment-linked policies, including improving clarity of existing disclosure documents and including available information on fees and charges. Response VIEW DOCUMENT Respond to Feedback Received on Proposed Enhancements to Disclosure Requirements for Sale of ILP (149.9 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Enhancements to Disclosure Requirements for Sale of Investment-Linked
- MAS
- Parliamentary Replies
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- Ministerial Statement Ministerial Statement on Bank Charges by DBS/POSBank Date: 09 May 2000 Date: For Parliamentary Sitting on 09 May 2000 1. Many members of the House have raised questions about DBS' recent decision to levy a $2 monthly fee on POSBank accounts with less than $500 balance and charges for POSBank cheque services. Let me answer them together, by explaining the background of POSBank's merger with DBS bank, the present status of DBS bank, the Government's proper role, how we can resolve
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2017] SGPDPC 14 Case No DP-1611-B0323 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Aviva Ltd DECISION … Organisation -------- Aviva Ltd [2017] SGPDPC 14 Tan Kiat How, Commissioner— Case No DP-1611-B0323 11 October 2017 Background 1 Can an organisation fulfil its obligation to protect personal data by relying solely on its employees to perform their duties diligently