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

    Last revised date:

    • This study was published as Special Feature C in the October 2015 Macroeconomic Review. 92 Macroeconomic Review, October 2015 Special Feature C A Brief Survey Of Density Forecasting In Macroeconomics by Anthony Tay1 Introduction A density forecast of an economic variable is an estimate of the conditional probability density function (p.d.f.) of the possible future values of that variable. For example, a density forecaster might say something like
    • MAS
    • Acts

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    • Governs the licensing and regulation of banks, merchant banks and related institutions, including their credit card and charge card business.
    • MAS
    • Subsidiary Legislation

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    • Requirements for carrying on insurance business under the Lloyd's Scheme, a foreign insurer scheme established under the Insurance Act (Cap. 142).
    • MAS
    • Forms and Templates

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    • Form for registered insurance brokers to submit information on their insurance broking business. To be submitted within 5 months from the end of each financial year. View IIR Schedule here
    • MAS
    • Directives

    Last revised date:

    • Requirements for merchant banks on setting up or relocating a place of business. 01 Jul 2021 MAS Directive 3 dated 1 November 1985 (last revised on 19 March 2007) is cancelled .
    • MAS
    • Directives

    Last revised date:

    • Requirement for merchant banks to seek MAS’ approval to do business on a bank holiday. 01 Jul 2021 MAS Directive 17 dated 1 November 1985 (last revised on 19 March 2007) is cancelled .
    • MAS
    • Orders

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    • Specification of the type of institutional, professional or business investor under section 278(1) of the SFA who is deemed a non-resident and who has sufficient expertise to understand any risk involved in buying or selling debentures.
    • MAS
    • Subsidiary Legislation

    Last revised date:

    • Sets out requirements for direct general insurers licensed to write marine mutual insurance business. 18 Apr 2013 Insurance (General Provisions and Exemptions for Marine Mutual Insurers) Regulations 2007 [Repealed with effect from 1 Jan 2019]
    • PDPC

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    • For business owners and HR managers, the DPO Competency Framework can help them decide how to structure their data protection functions and make hiring decisions. There are also baseline descriptions of tasks for them to better understand the different job functions of a DPO.
    • PDPC

    Last revised date:

    • For business owners and HR managers, the DPO Competency Framework can help them decide how to structure their data protection functions and make hiring decisions. There are also baseline descriptions of tasks for them to better understand the different job functions of a DPO.