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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- Speeches
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- Investor Opportunities in the Asia Pacific Region Date: 13 Apr 1999 INTRODUCTION 1 The Asian crisis has totally changed the regional landscape. For a decade until 1997, the Asian economies grew steadily and impressively. This prolonged boom had sound fundamental under-pinnings. The countries maintained high savings and investment rates. Education levels were rising. Economic policies generally became more liberal, outward oriented, and welcoming to foreign investments. This transformation was real
- MAS
- Speeches
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- Basel II and Beyond Introduction 1 Good morning. Welcome to the MAS Risk Conference, and for visitors to these shores - Welcome to Singapore. 2 The Conference is held at an opportune time. It was only two weeks ago that the Basel Committee on Banking Supervision released the Basel II capital framework. 3 This is enough time for all of you to have read the full text, and recent enough for you to remember most of what you have read. 4 Not surprisingly, my remarks this morning will be focused
- MAS
- Speeches
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- Good morning. Let me first thank the Financial Times for the opportunity to speak again at this conference. “The Earth has a deadline. Let’s make it a lifeline”. These are the words on the Climate Clock in New York’s Union Square. Instead of measuring the time of day, this clock measures the time remaining to reduce greenhouse gas emissions and mitigate the catastrophic effects of climate change. We have less than ten years to cut emissions by nearly half and less than thirty years to reach net
- PDPC
- Commission's Decisions
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- DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1601-A628 MY DIGITAL LOCK PTE. LTD. [UEN 201418165M] ... Respondent Decision Citation: [2016] SGPDPC 20 GROUNDS OF DECISION 4 November 2016 BACKGROUND 1. 2. On 4 January 2016, [Redacted] (the “Complainant”), complained to the Personal Data Protection Commission (the “Commission”) the Respondent had disclosed his personal data by posting screenshots of the Complainant
- MAS
- Speeches
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- Mr David Marsh, Managing Director and Co-founder of OMFIF Ms Foo Chi Hsia, Singapore’s High Commissioner to the UK Distinguished guests, ladies and gentlemen The China Syndrome China’s size and promise have long enthralled the world. The dream of penetrating China’s market was colourfully captured in the words of a British commentator in the 1840s: “ If we could only persuade every person in China to lengthen his shirt-tail by a foot, we could keep the mills of Lancashire working around the clock
- PDPC
- Commission's Decisions
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- A warning was issued to My Digital Lock for failing to make reasonable security arrangements to protect the personal data of a customer during its transfer. Click here to find out more. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1601-A628 MY DIGITAL LOCK PTE. LTD. [UEN 201418165M] ... Respondent Decision Citation: [2016] SGPDPC 20 GROUNDS OF DECISION 4 November 2016 BACKGROUND On 4 January 2016, [Redacted] (the Complainant), complained to
- MAS
- Economic Essays
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- This study was published as Special Feature B in the April 2013 Macroeconomic Review. Special Features 83 Special Feature B The Competitive Saving Motive: Concept, Evidence, and Implications by Shang-Jin Wei1 Introduction The competitive saving motive refers to saving for the purpose of raising ones relative status in the competition for dating and marriage partners. Unlike the standard life-cycle and precautionary motives for savings, the competitive saving motive
- MAS
- Speeches
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- Industry partners, Representatives from our 5 polytechnics, Distinguished guests, Ladies and gentlemen, Introduction Thank you Ngee Ann Polytechnic for hosting today’s Growing Timber series by MAS and the Institute of Banking and Finance (IBF). It is my third time here in Ngee Ann. I have been here every year since 2021. Thank you to Kok Kiang and Mei Fong for being great hosts. Happy to be here on invitation of my MAS colleagues. Many of you are here to learn about the financial sector. I hope I
- PDPC
- Commission's Decisions
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- A financial penalty of $48,000 was imposed on Koh Wei Ming @ Muhammad Amin Koh (trading as Mobile Chat) for using his customers’ personal data to register for additional prepaid SIM cards without their consent. The additional SIM cards were then sold to anonymous and unauthorised purchasers who subsequently used them to send specified messages to individuals who were registered with the Do Not Call Register. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 11
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $48,000 was imposed on Koh Wei Ming @ Muhammad Amin Koh (trading as Mobile Chat) for using his customers’ personal data to register for additional prepaid SIM cards without their consent. The additional SIM cards were then sold to anonymous and unauthorised purchasers who subsequently used them to send specified messages to individuals who were registered with the Do Not Call Register. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 11