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....
Showing 3926 Documents for "business trust"
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- MAS
- Media Releases
Last revised date:
- 17 Sep 2014… The Australian Securities and Investments Commission (ASIC) and the Monetary Authority of Singapore (MAS) have entered into a Memorandum of Understanding (MOU) to allow trade repositories licensed in one jurisdiction to provide relevant data to the authority in the other jurisdiction. 2 Through this MOU, ASIC and MAS express their intent to cooperate with each other in the interest of fulfilling their respective responsibilities and mandates by facilitating each authority ’s access
- MAS
- Media Releases
Last revised date:
- Memorandum of Understanding between the Monetary Authority of Singapore and Bank Negara Malaysia Singapore, 28 November 2011...The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) jointly announced today the signing of a Memorandum of Understanding (MoU) to establish a cross-border collateral arrangement aimed at enhancing liquidity facilities to financial institutions in both countries. 2 This collaboration highlights the growing significance of regionally active
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 397 NOTICE PAPER 471 of 2012 FOR WRITTEN ANSWER Date: For Parliament Sitting on 14 January 2013 Name and Constituency of Member of Parliament Mr Ong Teng Koon, MP for Sembawang GRC Question: To ask the Prime Minister (a) whether the Ministry will consider reducing the loan-to-value (LTV) ratio of COE financing for private ownership of vehicles; and (b) what is the Ministry's assessment of the impact of every 10% drop in the LTV ratio on the prices of COEs. Answer by Mr Tharman Shanmugaratnam
- SSO
- Legislation
Last revised date:
- Meaning of “specified message” 37. —(1) Subject to subsection (5), for the purposes of this Part, a specified message is a message where, having regard to the following, it would be concluded that the purpose, or one of the purposes, of the message is an applicable purpose: ( a ) the content of the message; ( b ) the presentational aspects of the message; ( c ) the content that can be obtained using the numbers, URLs or contact information (if any) mentioned in the message; ( d ) if the telephone
- SSO
- Subsidiary Legislation
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- Service of documents 23. —(1) Unless any provision of these Regulations or the Appeal Committee requires the document to be served personally, any document required to be sent to or served on any person for the purposes of any appeal proceedings may be — ( a ) delivered to that person’s appropriate address; ( b ) sent to that person’s appropriate address by post; or ( c ) sent in such other manner as may be agreed between the person serving and the person to be served. (2) For the purposes of paragraph
- SSO
- Subsidiary Legislation
Last revised date:
- Service of documents 23. —(1) Unless any provision of these Regulations or the Appeal Committee requires the document to be served personally, any document required to be sent to or served on any person for the purposes of any appeal proceedings may be — ( a ) delivered to that person’s appropriate address; ( b ) sent to that person’s appropriate address by post; or ( c ) sent in any other manner as may be agreed between the person serving and the person to be served. (2) For the purposes of paragraph
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 19 August 2022… Mr Pan Qi was charged today for offences involving fraud and deceit under the Securities and Futures Act (SFA) 1 . 2 The investigation was jointly conducted by the Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force. Mr Pan faces two charges under section 201(b) of the SFA, for engaging in a course of business which operated as a fraud on his ex-employer, Nech Capital Private Limited, a fund management company. He
- MAS
- Media Releases
Last revised date:
- Singapore, 22 March 2023… The Monetary Authority of Singapore (MAS) said today that in exercising its powers to resolve a financial institution (FI), it intends to abide by the hierarchy of claims in liquidation. This means that equity holders will absorb losses before holders of Additional Tier 1 (AT1) and Tier 2 capital instruments. 2. Creditors who receive less in a resolution compared to what they would have received had the FI been liquidated would be able to claim the difference from a resolution
- MAS
- Letters to Editor
Last revised date:
- We thank Mr Benjamin Cher for his commentary, “Time for Singapore to regulate buy now, pay later schemes” (The Business Times, 6 June 2023). Mr Cher suggested that buy now, pay later (BNPL) schemes should be regulated much the same as other credit products in Singapore. 2. The Monetary Authority of Singapore (MAS) shares Mr Cher’s concern that BNPL schemes could lead to excessive consumer borrowing. This is why we have worked with the BNPL industry to codify a set of explicit requirements to safeguard
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament DPM's replies to Parliamentary Question: MAS Notice to Banks, Regulation 621 For Parliament Sitting on 20 Apr 98 Question: To ask the Deputy Prime Minister whether the Monetary Authority of Singapore will review the current policy of restricting Singapore-based companies to borrow only in foreign currency to finance their overseas business expansion via shareholder loans and whether the policy can be relaxed to allow Singapore companies to do so in Singapore dollars instead