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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- PDPC
- Public Consultations
Last revised date:
- Section/SubSection Description b) scope of data covered? Comments There is a multitude of user activity data in different format and type (e.g. commuter's top-up payments may be denominated in thousands/dollars/cents or in USD/SGD), there will be operationally challenges in having the receiving organization accurately map and correctly capture the data provided by the porting organisation (notwithstanding that it is in a "machine readable format"). Propose to only have user provided
- MAS
- Media Releases
Last revised date:
- Singapore, 14 September 2021… The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. 2. The PayNow-UPI linkage will enable users to make instant, low cost fund transfers directly from one bank account to another between Singapore and India. When implemented, fund transfers can be made from India to Singapore using mobile phone numbers, and from Singapore
- 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
- Notices
Last revised date:
- Requirements for all merchant banks on the appointment of chief executive and deputy chief executive. This notice applies to all merchant banks. It sets out the requirements on: Appointment of its chief executive and deputy chief executive. Responsibilities of the directors, chief executives and deputy chief executives. Amendment Notes 01 Jul 2021 MAS Notice 1011 (76.1 KB) dated 7 September 2007 is cancelled. 07 Sep 2007 MAS Notice 1011 dated 7 September 2007 takes effect. 07 Sep 2007 MAS Notice
- MAS
- Media Releases
Last revised date:
- London, 13 June 2019… Singapore and the United Kingdom (UK) concluded three agreements today that will further deepen connectivity between the financial centres in Singapore and the UK. The agreements were made at the UK-Singapore Business Summit held in London in commemoration of Singapore’s Bicentennial. 2 The Monetary Authority of Singapore (MAS) concluded a Memorandum of Understanding (MOU) with the City of London on key areas of financial cooperation. The MOU signifies both parties’ intention
- MAS
- Bond and Bills
Last revised date:
- 6 NOVEMBER 2020 2021 SINGAPORE GOVERNMENT SECURITIES (SGS) ISSUANCE CALENDAR AND ENHANCEMENTS TO MINI-AUCTIONS 2021 SGS Issuance Calendar (https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar). The 2021 SGS issuance calendar has been published on the MAS website 2 In the past five years, outstanding SGS bonds have grown steadily at an average rate of around 7% per annum. The increase in outstanding SGS bonds helped to meet demand for high quality
- MAS
- Bond and Bills
Last revised date:
- 3 AUGUST 2021 INAUGURAL SGS (INFRASTRUCTURE) NA21200W ISSUANCE ON 1 OCTOBER 2021 MAS will issue the first Singapore Government Securities (SGS) under the Significant Infrastructure Government Loan Act (SINGA) on 1 October 2021. The inaugural SGS (Infrastructure) will be a new 30-year benchmark bond, NA21200W1. The 2021 SGS issuance calendar on the MAS website has been updated issuance (https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar).
- MAS
- Media Releases
Last revised date:
- Singapore, 14 September 2021… The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. 2. The PayNow-UPI linkage will enable users to make instant, low cost fund transfers directly from one bank account to another between Singapore and India. When implemented, fund transfers can be made from India to Singapore using mobile phone numbers, and from Singapore
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: CLOB For Parliamentary Sitting on 23 Nov 1999 Question: To ask the Deputy Prime Minister if he will (a) update the House on the latest position on the Central Limit Order Book (CLOB) saga and whether there is a solution in sight; and (b) clarify the role of the Securities Investors Association (Singapore) and whether the Association is in a position to handle the issue satisfactorily. Answer: 1. I last updated Parliament on the Clob
- MAS
- Speeches
Last revised date:
- Date: 17 Mar 2000 The key features of the liberalisation programme are summarised as follows: Affected Group Policy Change LIBERALISATION OF MARKET ENTRY 1. Direct Insurers Closed-door policy on direct insurers will be lifted with immediate effect. The admission of new entrants will be subject to insurers meeting the following criteria: Domestic and international rankings Present and past credit ratings Track record and reputation Commitment to contribute to Singapore's financial sector development