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
- Enforcement Actions
Last revised date:
- Singapore, 28 October 2021… The Monetary Authority of Singapore (MAS) has issued six-year prohibition orders (POs) against Mr Koh Kesheng Stedtson, following his convictions in the State Courts for offences involving dishonesty, namely forgery and cheating. 2 Under the POs, which took effect from 27 October 2021, Mr Koh is prohibited from providing any financial advisory service, or taking part in the management, acting as a director of, or becoming a substantial shareholder of any financial advisory
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 21 December 2017…The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Tey Thean Yang Dennis. Mr Tey will be prohibited for a period of 5 years from: (i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and (ii) providing any financial advisory services, and taking part in the management, acting
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 21 June 2019… The Monetary Authority of Singapore (MAS) has revoked the financial adviser’s (FA) licence of International Financial Services (S) Pte. Ltd. (IFS) with effect from 21 June 2019. This means that IFS is no longer permitted to carry on the business of providing financial advisory services in Singapore. 2 In September 2018, IFS informed MAS of its intention to cease the provision of financial advisory services. IFS is required under one of its licence conditions to
- PDPC
- Public Consultations
Last revised date:
- Dear PDPC We are writing on behalf of Aviva Asia Digital Pte Ltd (“AADPL”), a subsidiary of the Aviva Group, which drives the digital strategy of Aviva in Asia including Singapore. AADPL intends to, subject to appropriate regulatory approval, distribute financial products digitally. We refer to your consultation on the approaches to managing personal data in the digital economy. Our feedback is appended below for your kind consideration please: 1. We appreciate PDPC’s consultation
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 715 NOTICE PAPER 987 OF 2017 FOR WRITTEN ANSWER Date: For Parliament Sitting on 8 January 2018 Name and Constituency of Member of Parliament Ms Sylvia Lim, MP, Aljunied GRC Question: To ask the Prime Minister whether there is any ongoing investigation by Singapore authorities into the alleged roles of several Singapore banks in a money-laundering scheme dubbed by the Organised Crime and Corruption Reporting Project in 2014 as "The Russian Laundromat". Answer by Mr Tharman Shanmugaratnam
- MAS
- Media Releases
Last revised date:
- Singapore, 21 December 2017…The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Tey Thean Yang Dennis. Mr Tey will be prohibited for a period of 5 years from: (i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and (ii) providing any financial advisory services, and taking part in the management, acting
- MAS
- Speeches
Last revised date:
- Good morning and welcome to the IBF. Thanks for taking the time to be here with us, especially Mr Ong Ye Kung, Minister for Education and Board Member of MAS. Today marks a significant milestone for IBF. For today, we launch, together with our tripartite partners, the IBF Careers Connect. With Careers Connect, IBF will now be the integrated service provider for all matters related to skills, jobs, and careers, in the financial industry. Singapore’s financial centre is doing well. We are routinely
- MAS
- Media Releases
Last revised date:
- Singapore, 24 May 2018… The Monetary Authority of Singapore (MAS) has warned eight digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures contracts without MAS’ authorisation. It also warned an Initial Coin Offering (ICO) issuer to stop the offering of its digital tokens in Singapore. 2 MAS has reminded the eight digital token exchanges to seek MAS’ authorisation if the digital tokens traded on their platforms constitute securities or futures
- MAS
- Media Releases
Last revised date:
- Singapore, 13 September 2006...The Monetary Authority of Singapore's (MAS) International Advisory Panel (IAP) will be holding its sixth meeting in Singapore on 17 September 2006. The IAP members who will attend this year's meeting are: Mr Lim Hng Kiang, Chairman of the IAP, Minister for Trade and Industry and Deputy Chairman of MAS; Mr Jacques Aigrain, Chief Executive Officer, Swiss Re; Mr Claude Bébéar, Chairman of the Supervisory Board, The AXA Group; Mr Lloyd C. Blankfein, Chairman & Chief
- MAS
- Letters to Editor
Last revised date:
- Dear Editor, 1 We refer to the letters (ST 4 May 12) by Ms Wendy Yuen (“The joint reply has left me more confused”), Mr Christopher Teng (“Inflation: Offer more relevant figures”) and Mr Yeo Chee Kean (“Using interest rates to cool domestic demand”). 2 Ms Yuen suggested that housing prices should be used to measure the cost of consuming owner-occupied housing. We understand the intuition behind this suggestion. However, the Consumer Price Index (CPI) covers only consumption expenditures. A