Definition of “business trust”
Universal
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"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
MAS seeks industry comments on Guidelines on The Use of the Term 'Independent' by Financial Advisers- MAS seeks industry comments on Guidelines on The Use of the Term 'Independent' by Financial Advisers Singapore, 30 July 2002. The Monetary Authority of Singapore ("MAS") today issued proposed Guidelines on the Use of the Term 'Independent' by Financial Advisers under the Financial Advisers Act (No. 43 of 2001) ('FAA'). The FAA will come into force by the end of this quarter. 2 The use of the term 'independent' is governed by Regulation 34 of the draft Financial Advisers Regulations ('FAR'). In
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 25 January 2016… The Monetary Authority of Singapore (MAS) has taken civil penalty action under the Securities and Futures Act (SFA) against Mr Wong Teck Kui for insider trading in the shares of Time Watch Investments Limited (TWI). Mr Wong has admitted to contravening section 219(2)(a) of the SFA and has paid MAS a civil penalty of $110,000 without court action. 2 On 17 and 18 January 2011, Mr Wong, an appointed representative with UOB Kay Hian Private Limited (UOBKH), purchased a total
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 1567 NOTICE PAPER 963 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 15 February 2022 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS has any plans to regulate activities in relation to non-fungible tokens Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS : 1 Non-fungible tokens (NFTs) are a form of digital token, where each token has distinct and unique features
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 12 NOTICE PAPER 5 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 September 2020 Name and Constituency of Member of Parliament Mr Louis Ng Kok Kwang, MP, Nee Soon GRC Question: To ask the Prime Minister (a) what policies is MAS studying to address climate risks posed by the high climate-risk sectors that have been identified in the Guidelines to Responsible Financing Practices published by the Association of Banks in Singapore in 2018; and (b) whether the Ministry can share
- MAS
- Media Releases
Last revised date:
- Singapore, 12 April 2017… The Monetary Authority of Singapore (MAS) and Shanghai Municipal Financial Services Office (SFSO) held the 3rd Singapore-Shanghai Financial Forum (SSFF) in Singapore today. The SSFF is an annual forum that brings together industry participants from Singapore and Shanghai to discuss pertinent market developments and explore financial collaboration opportunities. More than 200 participants from Singapore and Shanghai attended the SSFF. With the theme, “Strengthening Singapore-Shanghai
- MAS
- Parliamentary Replies
Last revised date:
- Date: For Parliament Sitting on 7 March 2013 Name and Constituency of MP Mrs Lina Chiam, NCMP Question: A Centre for Financial Education Answer by Mr Lawrence Wong, Acting Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1 With interest rates very low for a prolonged period of time, there has been a proliferation of schemes that claim to provide high returns with seemingly low risk. They include all manner of
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 392 NOTICE PAPER 238 OF 2016 FOR WRITTEN ANSWER Date: For Parliament Sitting on 16 August 2016 Name and Constituency of Member of Parliament Ms Foo Mee Har, MP, West Coast GRC Question: To ask the Prime Minister how the new licensing regime for crowdfunding platforms announced by MAS is expected to support crowdfunding as an alternative source of financing for start-ups and SMEs as well as ensure schemes under crowdfunding are fair, transparent and protect investors against frauds. Answer
- MAS
- Media Releases
Last revised date:
- 1 Singapore, 6 December 2011… The Monetary Authority of Singapore (MAS) has taken civil penalty enforcement action against Mr Yao Hongyuan for contravening the insider trading provision under section 218(2)(a) of the Securities and Futures Act (SFA). 2 Shanghai Asia Holdings Ltd (SAHL), a company listed on the Singapore Exchange Securities Trading Ltd (SGX-ST), made an announcement on 29 July 2010 indicating that a third party had approached SAHL to acquire substantially all of SAHL’s assets
- MAS
- Parliamentary Replies
Last revised date:
- For Parliament Sitting on 10 March 2015 Name and Constituency of MP Ms Foo Mee Har, MP for West Coast GRC Question: The MAS has announced that effective June 2015 it will impose a borrowing limit of 12 months' income for an individual's aggregated unsecured debt across banks. Whilst this is a prudent measure to help individuals manage their total indebtedness, how this policy is implemented will be of paramount importance. What help will individuals get to restructure their loans to return to a better
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 1019 NOTICE PAPER 49 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 February 2013 Name and Constituency of Member of Parliament Mr Teo Siong Seng, Nominated MP Question: To ask the Prime Minister in addition to MAS's education efforts, whether there are plans to put in place regulatory measures to protect public investors against errant gold trading companies listed on the MAS Investor Alert List. Answer by Mr Lawrence Wong, Acting Minister for Culture, Community and Youth