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 [2018] SGPDPC [7] Case No DP-1705-B0766 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Aventis School of Management Pte. Ltd. … Organisation DECISION -------- Aventis School of Management Pte. Ltd. [2018] SGPDPC [7] Tan Kiat How, Commissioner — Case No DP-1705-B0766 30 April 2018 Background 1 The present matter concerns an individual (the “Complainant”) who had signed
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $12,500 was imposed on Aventis for using the personal data of individuals beyond the notified purposes, and for failure to give effect to the withdrawal of consent within a reasonable time. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC [7] Case No DP-1705-B0766 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Aventis School of Management Pte. Ltd. Organisation DECISION
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $6,000 was imposed on Aviva for failing to make reasonable security arrangements to prevent the unauthorised disclosure of the personal data of its insurance policyholder and his dependent. Click here to find out more. 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
    • MAS
    • Economic Essays

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    • By the Economic Policy Group, Monetary Authority of Singapore This study was published as Special Feature A in the October 2022 Macroeconomic Review. Special Features 83 Special Feature A Effects of Higher Global Input Costs on Prices in Singapore This Special Feature examines how recent surges in global energy and agricultural product costs impacted inflation across countries and sectors, eventually transmitting to domestic prices in Singapore. The analysis involved calibrating
    • PDPC
    • Commission's Decisions

    Last revised date:

    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1411-A247 CHUA YONG BOON JUSTIN [NRIC NO. REDACTED] ... Respondent Decision Citation: [2016] SGPDPC 13 GROUNDS OF DECISION 12 August 2016 INTRODUCTION A. 1. On 15 November 2014, the Personal Data Protection Commission (the “Commission”) received an email from [Redacted] (Replaced with Mr K) (the “Complainant”) regarding the unauthorised disclosure of personal data
    • MAS
    • Speeches

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    • 1   I would like to first thank Steve Evans, Owner and Editor-in-Chief of Artemis for inviting me to say a few words. 2   The Artemis ILS Asia conference is today the leading platform for the ILS community in Asia to exchange ideas, share valuable insights and experiences, and keep pace with the latest developments in the ILS world. For the past five years, the conference has been a key rallying point for the ILS community in the region to come together each year in Singapore. 3   I am delighted
    • MAS
    • Speeches

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    •  Second Reading Speech by Mr Lim Hng Kiang, Minister for Trade & Industry and Deputy Chairman, Monetary Authority of Singapore 1   Mr Speaker Sir, on behalf of the Senior Minister, I beg to move that the Bill be now read a second time. 2   Over the past few years, MAS has progressively liberalised the banking sector.  At the same time, MAS has also sought to implement a risk-based supervisory approach that moves away from one-size-fits-all rules and allows for well-managed risk-taking.  The measures
    • MAS
    • Speeches

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    •   Mr David Conner, CEO of OCBC Distinguished guests, ladies and gentlemen It is my great pleasure to be with you this morning. 2   The last OCBC Global Treasury Economic and Business Forum was organised in late 2008, when the world economy went through its most challenging period since the Great Depression.  The late US President Ronald Reagan once pronounced that “Government's view of the economy could be summed up in a few short phrases. If it moves, tax it. If it keeps moving, regulate it. And
    • MAS
    • Speeches

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    •  Introduction I am very honoured to be invited to participate in this Conference on Global Financial Markets and in particular on the commodity markets. High food and fuel prices continue to hog the headlines nowadays. I am sure the proceedings of this Conference will attract strong interest. The Commodities World 2   The importance of commodities cannot be over-emphasised. Commodities are the critical raw materials that feed our peoples and our factories, and power our economies. In countries where
    • MAS
    • Speeches

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    • Safeguarding the Integrity of Singapore’s Financial Centre Lee Boon Ngiap Assistant Managing Director (Banking and Insurance Group), Monetary Authority of Singapore Opening Keynote Address ABS Financial Crime Seminar 2013 Fairmont Ballroom, Raffles City Convention Centre, Singapore 12 July 2013 Seminar Theme: “Enhanced Due Diligence and Risk Scoring” Introduction 1          Distinguished guests, ladies and gentlemen, good morning. It is my pleasure to be here today at the 10th ABS Financial Crime