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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- PDPC
- Commission's Decisions
Last revised date:
- Directions were issued to M Stars Movers for disclosure of a customer's personal data via social media without consent, failure to appoint a Data Protection Officer, and failure to institute policies and practices that are necessary for the organisation to meet the obligations imposed under the PDPA. Click here to find out more. 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
- PDPC
- Commission's Decisions
Last revised date:
- Directions were issued to the National University of Singapore for failing to make reasonable security arrangements to prevent the disclosure of the personal data of some of its students. Click here to find out more. 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 ... Organisation Decision Citation: [2017] SGPDPC
- MAS
- Economic Essays
Last revised date:
- Special Feature 93 Special Feature D Market Versus Government: Welfare-Economic and Mesoeconomic Perspectives by Ng Yew-Kwang1 This Feature discusses the central issue of free markets versus government intervention in both the micro and macroeconomic domains. From the first welfare theorem, the market is efficient under certain conditions. However, in the presence of important external effects like pollution and greenhouse gas emissions, government intervention
- MAS
- Economic Essays
Last revised date:
- This study was published as Special Feature A in the October 2017 Macroeconomic Review. 80 Macroeconomic Review, October 2017 Special Feature A Macro-Financial Modelling Of The Singapore Economy: A GVAR Approach by Filippo di Mauro and Alessandro Galesi 1 Introduction has greatly increased the Globalisation degree of interdependence across countries. Macroeconomic policy must therefore take a global perspective, particularly in the case of small open economies
- MAS
- Economic Essays
Last revised date:
- By Stephen Cecchetti and Kermit Schoenholtz This study was published as Special Feature B in the October 2021 Macroeconomic Review. 102 Macroeconomic Review | October 2021 Special Feature B Monetary Policy Strategy Review: The Fed and the ECB Stephen Cecchetti and Kermit Schoenholtz1 1 Introduction When the ECB began operation in 1999, many observers focused on its differences from the Federal Reserve. Perhaps the most widely cited distinction is the one between the ECBs hierarchical mandate
- MAS
- Economic Essays
Last revised date:
- By Yakov Amihud, Allaudeen Hameed and Huiping Zhang This study was published as Special Feature B in the October 2022 Macroeconomic Review. Special Features 95 Special Feature B Global Evidence on the Premium for Market Illiquidity Yakov Amihud, Allaudeen Hameed and Huiping Zhang1 1 Introduction Market liquidity is a primary concern for investors as it affects their ability to get into and out of their security investments at minimum costs. Liquidity refers to the ease at
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $58,000 and $10,000 was imposed on Fullerton Healthcare and Agape CP Holdings respectively for failing to put in place reasonable security arrangements to protect personal data belonging to Fullerton Healthcare’s corporate clients and direct patients. Directions were also issued to both organisations to review and enhance processes relating to data handling processes, security audits and access controls to bolster their data protection arrangements. Click here for more information
- MAS
- Guidelines
Last revised date:
- How to qualify to be a REIT manager and what ongoing governance and compliance arrangements are expected. These guidelines set out the minimum licensing criteria for real estate investment trust (REIT) managers, and additional guidance on corporate governance arrangements to facilitate their compliance with applicable rules and regulations. This form should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . PURPOSE Guideline No :
- PDPC
Last revised date:
- Organisations are required to make information about their personal data protection policies, practices and complaints processes available on request. In addition, organisations are required to publicly provide the business contact information of at least one person in the organisation to answer any personal data related queries or complaints.
If you have concerns about how your personal data is being handled, you may approach the respective organisation to provide clarity on their data protection
- PDPC
Last revised date:
The PDPC does not prescribe the types of identifiers that organisations should adopt in place of NRIC numbers. Organisations should assess the suitability of alternatives to NRIC numbers based on their own business and operational needs.
However, some alternatives that have been adopted by organisations include organisation or user-generated ID, tracking number, organisation-issued QR code, or monetary deposit. Organisations should also consider whether the alternatives provided are reasonable