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
- Letters to Editor
Last revised date:
- Dear Editor, We thank Mr Rajagopalan Krishnamoorthy for his feedback on the dividend restrictions on local banks announced by the Monetary Authority of Singapore (MAS) on 29 July 2020 (“MAS request of banks not fair to retail investors”, 10 August 2020). 2 Mr Krishnamoorthy asked if it was necessary for MAS to intervene in the local banks’ dividend payouts, and if such a move required shareholders’ consent. Dividends are a means through which companies share excess profits with their shareholders
- MAS
- Media Releases
Last revised date:
- Singapore, 24 January 2019… The Monetary Authority of Singapore (MAS) today issued a revised Singapore Code on Take-overs and Mergers (the Code) to clarify its application to companies with a dual class share structure (DCS companies) with a primary listing on the Singapore Exchange. 2 The revisions were made on the advice of the Securities Industry Council (the Council), and incorporates feedback received from the public consultation (484.6 KB) in July 2018. The Council’s response to the public
- MAS
- Media Releases
Last revised date:
- Singapore/Philippines, 8 November 2021… The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) today signed an enhanced FinTech Cooperation Agreement (CA) to facilitate interoperable payments between Singapore and the Philippines. The enhanced CA builds on the earlier 2017 agreement to broaden the scope of FinTech collaboration and partnership between MAS and BSP. 2. The CA will facilitate the linkage of both countries’ real-time and QR payment systems, to provide instant
- MAS
- Media Releases
Last revised date:
- Singapore/Malaysia, 27 September 2021… The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) today announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. 2. The first phase of the PayNow-DuitNow linkage will be launched in the fourth quarter of 2022. This will allow customers of participating financial institutions to make real-time fund transfers between Singapore and Malaysia using just a mobile number. Customers
- MAS
- Speeches
Last revised date:
- Honourable Shri Narendra Modi, Prime Minister of India Reserve Bank of India Governor Shaktikanta Das Monetary Authority of Singapore Managing Director Ravi Menon Distinguished Guests I am very happy to join you virtually for the launch of the real-time retail payment systems linkage between Singapore’s PayNow and India’s UPI (Unified Payments Interface). The idea of linking PayNow and UPI was first conceived in 2018, when PM Modi visited Singapore. Since then, our two central banks have been working
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 1427 NOTICE PAPER 554 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 26 July 2021 Name and Constituency of Member of Parliament Mr Chua Kheng Wee Louis, MP, Sengkang GRC Question: To ask the Prime Minister (a) to date, what is the total number of digital payment token service provider applicants, with a breakdown by applications that are (i) withdrawn (ii) rejected and (iii) approved; (b) what is the number of entities currently exempted from holding a licence under the Payment
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 15 Case No DP-1705-B0799 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Spring College International Pte. Ltd. … Organisation DECISION -------- Spring College International Pte. Ltd. Mr Yeong Zee Kin, Deputy Commissioner — Case No DP-1705-B0799 24 May 2018 Background 1 This matter involves a private educational institution that posted information about its
- PDPC
- Public Consultations
Last revised date:
- SINGAPORE TELECOMMUNICATIONS LTD SUBMISSION TO THE PERSONAL DATA PROTECTION COMMISSION IN RESPONSE TO THE PUBLIC CONSULTATION ON PROPOSED ADVISORY GUIDELINES ON THE APPLICATION OF THE PERSONAL DATA PROTECTION ACT TO SCENARIOS FACED IN THE TELECOMMUNICATION SECTOR DATE OF SUBMISSION: 13 FEBRUARY 2014 -------- TABLE OF CONTENTS 1 2 3 4 INTRODUCTION SUMMARY OF MAJOR POINTS COMMENTS CONCLUSION 1 2 3 14 -------- SINGAPORE TELECOMMUNICATIONS LTD
- PDPC
- Commission's Decisions
Last revised date:
- Spring College International failed to notify and obtain consent from the parents of young students before disclosing online the students’ personal data for marketing purposes. Directions were issued to Spring College International. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 15 Case No DP-1705-B0799 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Spring College International Pte. Ltd. Organisation
- MAS
- Economic Essays
Last revised date:
- This study was published as Special Feature C in the October 2010 Macroeconomic Review. 2 3 82 Macroeconomic Review, October 2010 Special Feature C The Mysteries of Trend1 by Peter C. B. Phillips2 The Hamlet of Econometrics A statistician is a fellow that draws a line through a set of points based on unwarranted assumptions with a foregone conclusion. No one understands trends. Everyone sees them in data. Trends are ubiquitous in economic discourse, they