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
- Media Releases
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- Background On 18 Feb 2008, Asia Pacific Links Ltd (the “Offeror”) announced a voluntary conditional cash offer (the “Offer”) for Jade Technologies Holdings Ltd (“Jade” or the Company”). In the Offer announcement and the Offer document, the Offeror disclosed that it had a direct interest in 46.54% of the total issued shares of Jade. On 2 Apr 2008, the Offeror announced that it no longer held 46.54% in the Company as originally disclosed but only 16.06%. The Offeror cautioned that although sufficient
- MAS
- Speeches
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- Distinguished guests Ladies and gentlemen 1 Good morning and a very warm welcome. Singapore is honored to host the ASEAN Insurance Regulators and the ASEAN Insurance Council Meetings again after ten years. 2 The ASEAN Insurance Regulators Meeting (AIRM) is a valuable platform for the region’s insurance regulators to have frank and open exchanges of ideas and to foster closer cooperation. Its long partnership with the ASEAN Insurance Council (AIC) is testament to the foresight of our predecessors
- MAS
- Speeches
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- Mr Rodney Lim, IMAS Regulatory Committee Chairman, Ladies and gentlemen, 1 Good afternoon, and happy lunar new year to all of you. Thank you for having me at this year’s IMAS’ Regulatory Forum again. I am very happy to be here for the second year. 2 2016 has been an eventful year. The effects of the geopolitical and economic events that we witnessed last year will continue to be felt through 2017. As the developments unfold, we will have to continue to keep a close watch on issues that will impact
- MAS
- Speeches
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- Summit Theme: “The Future of Islamic Financial Services” President of the Islamic Development Bank, H.E. Dr. Ahmad Mohamed Ali Al-Madani IFSB Council Chairman and Governor of the Saudi Arabian Monetary Agency, H.E. Dr. Muhammad Al-Jasser, IFSB Governors, Secretary-General Prof. Rifaat Ahmed Abdel Karim, Ambassadors, Honoured guests Welcome 1 I extend a very warm welcome to all our guests, especially those from overseas. As an Islamic Financial Services Board (IFSB) member, MAS is honoured to
- MAS
- Speeches
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- 1 I am delighted to join you this morning, at the Terrapinn Commodity Trade and Finance World Asia 2010. With Asia taking the lead in the recovery of the global economy and its prominent role in the re-bound of global trade, it is timely and fitting for this forum to be held in Singapore, at the heart of Asia. Singapore’s History in Commodities 2 The history of the region and of Singapore is intimately linked to the commodities trade. Commodities trading in Asia began in the 14th century with
- MAS
- Speeches
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- Symposium Theme: “Advances in Risk Management – Theory and Practice” Prof Tan Chorh Chuan Prof Tan Eng Chye Prof Duan Jin-Chuan Distinguished speakers, guests, ladies and gentlemen Good morning Introduction 1 It gives me great pleasure to join you today at the symposium which marks the opening of Risk Management Institute’s (RMI) new facilities. 2 RMI is Singapore’s first full-fledged research centre dedicated to risk management. RMI was set up three years ago. The timing could not have been
- PDPC
- Commission's Decisions
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- A warning was issued to Greatearth Corporation for failing to obtain consent to disclose personal data of 8 crane operators on the external façade of a construction site. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 2 Case No. DP-1907-B4305 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Progressive Builders Private Limited (2) Greatearth Corporation Pte. Ltd. DECISION
- MAS
- Speeches
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- Introduction Chairman Tan Sri Dato’ Sri Zamzamzairani Mohd Isa, Group President & CEO Dato’ Khairussaleh Ramli, Distinguished guests, ladies and gentlemen. 1. Thank you for inviting me to address Maybank’s Invest ASEAN 2022 Conference . 2. When Andi invited me, I struggled to think of how to best describe the strange few years behind us, and the strange few years ahead of us. 3. It feels like we’ve just jumped out of a hot COVID frying pan into the fire of a hot war and a hotter planet. 4. The COVID
- PDPC
- Commission's Decisions
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- A financial penalty of $5,000 was imposed on Executive Link Services for breaches of the PDPA. The organisation failed to appoint a data protection officer and 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 [2019] SGPDPC 30 Case No DP-1806-B2237 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Executive Link Services
- PDPC
- Commission's Decisions
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- A warning was issued to MCST 3400 for failing to put in place reasonable security arrangements to prevent the unauthorised access of 562 individuals’ personal data stored in an internal directory. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 10 Case No. DP-1909-B4797 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Management Corporation Strata Title Plan No. 3400 Organisation DECISION -------