Definition of “business trust

Universal
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
    • Forms and Templates

    Last revised date:

    • Form for approved insurance brokers to submit information on their insurance broking business. To be submitted within 6 months from the end of each financial year. This form should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx .
    • MAS
    • Directives

    Last revised date:

    • Sets out MAS powers if a merchant bank is unable to meet its obligations, insolvent, or suspend payments, or if MAS determines that it is conducting business to the detriment of depositors. 01 Jul 2021 MAS Directive 14 dated 1 November 1985 (last revised on 19 March 2007) is cancelled .
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for exempt insurance brokers to submit information on their insurance broking business. To be submitted within 5 months from the end of each financial year. Form I should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . View IIR Schedule here
    • SSO
    • Legislation

    Last revised date:

    • Retention of personal data 25.   An organisation shall cease to retain its documents containing personal data, or remove the means by which the personal data can be associated with particular individuals, as soon as it is reasonable to assume that — ( a ) the purpose for which that personal data was collected is no longer being served by retention of the personal data; and ( b ) retention is no longer necessary for legal or business purposes.
    • PDPC
    • Commission's Decisions

    Last revised date:

    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1605-B0028 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And National University of Singapore Decision Citation: [2017] SGPDPC 5 GROUNDS OF DECISION ... Organisation 26 April 2017 1. A student of the Organisation had complained to the Personal Data Protection Commission (the “Commission”) that a URL link that was being circulated for the
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2017] SGPDPC 15 Case No DP-1612-B0418 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And M Stars Movers & Logistics Specialist Pte Ltd … Organisation GROUNDS OF DECISION -------- M Stars Movers & Logistics Specialist Pte Ltd [2017] SGPDPC 15 Yeong Zee Kin, Deputy Commissioner— Case No DP-1612-B0418 15 November 2017 Background 1 This case highlights the risks that organisations
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 22 Case No DP-1708-B1027 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Spize Concepts Pte Ltd …Organisation DECISION -------- Spize Concepts Pte Ltd [2019] SGPDPC 22 Tan Kiat How, Commissioner – Case No DP-1708-B1027 4 July 2019 Background 1. This complaint concerns an incident involving the personal data of customers of Spize
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $34,000 was imposed on Globalsign.in for failing to put in place reasonable security arrangements to protect the personal data supplied by its clients. Globalsign.in, which sends mass marketing emails on behalf of its clients to their respective customers, was also found to be holding personal data which was no longer necessary for legal or business purposes. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 43 Case Nos. DP-1708-B1066; DP
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions, including a financial penalty of $20,000, were issued to Spize Concepts for breaches of the PDPA. Amongst the breaches, the organisation failed to appoint a data protection officer and did not make reasonable security arrangements to prevent the unauthorised disclosure of customers’ personal data. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 22 Case No DP-1708-B1027 In the matter of an investigation under section 50(1) of the Personal
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A warning was issued to Belden Singapore for a breach of the PDPA in relation to the transfer of its Singapore-based employees’ personal data to its parent company in the United States. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 13 Case No. DP-2011-B7423, DP-2011-B7433 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Belden Singapore Private Limited (2) Grass Valley Singapore Pte Ltd