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
    • Economic Essays

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    • By Chow Hwee Kwan and Choy Keen Meng This study was published as Special Feature B in the April 2023 Macroeconomic Review. Special Features 101 Special Feature B Economic Forecasting in Singapore: The COVID-19 Experience Chow Hwee Kwan and Choy Keen Meng1 This Special Feature considers how accurately professional forecasters have predicted GDP growth and inflation in Singapore, especially during rare events such as the Global Financial Crisis (GFC) and COVID-19. It also illustrates the
    • PDPC
    • Commission's Decisions

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    • COMMISSIONER FOR PERSONAL DATA PROTECTION [2019] SGPDPC 3 Case No DP-1807-B2435 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Singapore Health Services Pte. Ltd. (UEN No. 200002698Z) (2) Integrated Health Information Systems Pte. Ltd. (UEN No. 200814464H) DECISION … Organisations -------- Singapore Health Services Pte. Ltd. & Ors. [2019] SGPDPC 3 Tan Kiat How, Commissioner — Case No DP
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $250,000 and $750,000 was imposed on SingHealth and IHiS respectively for the failure to make reasonable security arrangements to protect personal data of individuals. Click here to find out more. COMMISSIONER FOR PERSONAL DATA PROTECTION [2019] SGPDPC 3 Case No DP-1807-B2435 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Singapore Health Services Pte. Ltd. (UEN No. 200002698Z) (2) Integrated
    • MAS
    • Speeches

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    •  Mr Heering Ligthart, President, ACI Financial Markets Association Mr Mervyn Fong, President, ACI Singapore Distinguished Guests, ladies and gentlemen INTRODUCTION 1   I am happy to be here to celebrate ACI Singapore's 30 th anniversary with you this evening. Turning 30 is a significant milestone.  ACI Singapore plays an important role in our treasury market. Your growth as an association has also mirrored Singapore's emergence as an international financial centre. THE SINGAPORE FINANCIAL INDUSTRY
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION Case No DP-1804-B2020 [2019] SGPDPC 39 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Ninja Logistics Pte Ltd DECISION … Organisation 1 -------- Ninja Logistics Pte Ltd [2019] SGPDPC 39 Tan Kiat How, Commissioner — Case No DP-1804-B2020 14 October 2019 Introduction 1 Ninja Logistics Pte Ltd (the “Organisation”) is a logistics company
    • MAS
    • Speeches

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    •  INTRODUCTION 1   Good morning and a very warm welcome to Singapore.  It gives me great pleasure to be here at the OECD Asian Corporate Governance Roundtable.  The last time the Roundtable was held in Singapore was in 2001, and we are happy to be able to host this important international gathering once again. 2   10 years after the 1997 Asian Financial Crisis, this year’s Roundtable gives us a good opportunity to do a stock-take, to see where we are now and identify the areas where we must continue
    • MAS
    • Speeches

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    • Ladies and gentlemen, 1   Good afternoon. Thank you for the opportunity to celebrate International Women’s Day with you. 2   As a part of the leadership team in MAS overseeing manpower issues for the financial sector, the topic of talent development and continuing professional development is something that is close to my heart. I am very heartened by the Financial Women’s Association’s cause to promote and advance the standard of professionalism, especially of women, in the financial services industry
    • MAS
    • Speeches

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    •  Achieving Good Regulatory Outcomes – The Way Forward 1   Good morning.  My colleagues and I at the Monetary Authority of Singapore are delighted to welcome you to Singapore, and to the 16th International Conference of Banking Supervisors (ICBS).  We are honoured to join the Basel Committee on Banking Supervision (BCBS) as organisers of the conference. Looking Back on the Crisis 2   When we last met in Brussels in September 2008, the collapse of Lehman Brothers triggered a tail-spin in the global
    • PDPC
    • Commission's Decisions

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    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1609-B0194 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And HAZEL FLORIST & GIFTS PTE LTD Decision Citation: [2017] SGPDPC 9 GROUNDS OF DECISION ... Organisation 20 June 2017 1. The Organisation is incorporated in Singapore and is in the business of, amongst other things, selling and delivering gift hampers. Sometime in August 2016
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 16 Case No DP-1802-B1756 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And DS Human Resource Pte. Ltd. … Organisation DECISION -------- DS Human Resource Pte. Ltd. [2019] SGPDPC 16 Tan Kiat How, Commissioner — Case No DP-1802-B1756 13 June 2019. Background 1 Open source software is increasing in popularity and prevalence. This case illustrates the risks