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
- Media Releases
Last revised date:
- Ministers welcome new private sector forum to boost offshore Renminbi market outside Greater China Singapore, 25 February 2014…The UK and Singapore have agreed to set up a UK-Singapore Financial Dialogue, which will focus on deepening financial and economic cooperation between the two countries. 2 Making his first trip to Singapore, Chancellor of the Exchequer, George Osborne, and Singapore’s Deputy Prime Minister, Minister for Finance and Chairman of the Monetary Authority of Singapore, Tharman
- MAS
- Media Releases
Last revised date:
- Singapore, 21 February 2013 … The Monetary Authority of Singapore (MAS) announced today that a new coin series will be issued for circulation by the middle of 2013. 2 The new Singapore Third Series coins will feature five of Singapore’s national icons and landmarks: Merlion, a traditional symbol of Singapore; Port of Singapore, one of the busiest in the world; Changi Airport, one of the best airports in the world; Public Housing, home to more than 80 percent of Singaporeans; and Esplanade, iconic
- MAS
- Media Releases
Last revised date:
- Singapore, 3 June 2015... The Monetary Authority of Singapore (MAS) published today a consultation paper on measures to strengthen Singapore’s over-the-counter (OTC) derivatives market and to enhance the provision of financial advisory services. The paper contained the following: proposed regulatory framework for capital markets intermediaries dealing in OTC derivative contracts; and proposed refinements to rules governing financial advisory services Strengthening Oversight of OTC Derivatives Intermediaries
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 384 NOTICE PAPER 232 OF 2016 FOR ORAL ANSWER Date: For Parliament Sitting on 11 July 2016 Name and Constituency of Member of Parliament Mr Ong Teng Koon, MP, Marsiling-Yew Tee GRC Question: To ask the Prime Minister what additional measures are being taken to enhance anti-money laundering compliance by financial institutions in the wake of the withdrawal of BSI's merchant banking licence. Answer by Mr Lawrence Wong, Minister for National Development on behalf of Mr Tharman Shanmugaratnam
- MAS
- Letters to Editor
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- Dear Editor I refer to last Thursday's letters, 'Orphaned money: Key question MAS has not addressed' by Mr Larry Haverkamp and 'Concept of asset share is fairer to policyholders' by Mr Tan Kin Lian (ST Forum, 24 Aug 2009). All assets in the participating fund are allocated to participating policyholders as policy liabilities according to the valuation rules under the Risk-Based Capital Regulations introduced in 2004. It is, therefore, not possible for policy liabilities to be less than policy assets
- MAS
- Parliamentary Replies
Last revised date:
- Question No ----631 Notice Paper No. 246 of 2010 Question No ----633 Notice Paper No. 246 of 2010 For Oral Answer Date: For Parliament Sitting On 22 November 2010 Name and Constituency of Members of Parliament Teo Siong Seng, Nominated Member of Parliament; Ho Geok Choo, MP for West Coast GRC Questions Q631 Teo Siong Seng: To ask the Senior Minister if he can explain the rationale behind the planned acquisition of the Australian Securities Exchange by the Singapore Exchange and how it will benefit
- MAS
- Media Releases
Last revised date:
- Singapore, 25 August 2016... The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed changes to the payments regulatory framework and establishment of a National Payments Council. Proposed Activity-Based Payments Framework 2 Singapore’s payment regulations currently cut across two pieces of legislation: the Payment Systems (Oversight) Act (PS(O)A) and the Money-changing and Remittance Businesses Act (MCRBA), which govern stored value and remittances respectively
- MAS
- Media Releases
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- Singapore, 11 April 2012, The Monetary Authority of Singapore (MAS) has taken civil penalty enforcement action against Mr Lau Kee Swan for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits the employment of manipulative and deceptive devices in connection with the subscription, purchase or sale of securities. 2 Mr Lau had knowingly: (a) opened securities trading accounts with various brokerage houses for the purpose of trading on behalf of a third party; and
- PDPC
- Public Consultations
Last revised date:
- RESPONSE TO CONSULTATION PAPER Consultation topic: Public Consultation on Approaches to Managing Personal Data in the Digital Economy Organisation: DP Credit Bureau Pte Ltd (DPCB) Name of Contact Person Jennifer Lee Contact number clarifications: for any [Redacted] Email clarifications: address for any [Redacted] I wish to keep the following confidential: Confidentiality Contact number and email address of Jennifer Lee. (Please indicate
- PDPC
- Public Consultations
Last revised date:
- RESPONSE TO PUBLIC CONSULTATION PAPER Consultation topic: Name1/Organisation: 1if responding in a personal capacity Contact number for any clarifications: Email clarifications: address any for Public Consultation For Managing Unsolicited Commercial Messages And The Provision Of Guidance To Support Innovation In The Digital Economy FWD Singapore Pte. Ltd. 6727 5745 / 6727 5746 Livia.Aminah@fwd.com / Markose.Thomas@fwd.com 1 -------- Question 1: