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
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    • QUESTION NO 1846 NOTICE PAPER 1081 OF 2018 FOR WRITTEN ANSWER Date: For Parliament Sitting on 27 February 2018 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister with regard to the interruption to NETS services on 2 February 2018 due to "inadvertent human error" during system maintenance (a) whether MAS has identified root causes which predispose the system to human error; and (b) what measures MAS is taking to ensure reliability of cashless
    • MAS
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    • Maharashtra, 26 February 2018…The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM) 1 signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets. The MoU was signed at a ceremony at the Magnetic Maharashtra event in India. 2. The agreement provides opportunities for FinTech start-ups in Singapore to set-up and build business relationships with FinTech companies at the Mumbai FinTech hub. As
    • MAS
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    • QUESTION NO 15 NOTICE PAPER 12 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 September 2020 Name and Constituency of Member of Parliament Mr Chua Kheng Wee Louis, MP, Seng Kang GRC Question: To ask the Prime Minister (a) how many adult Singaporeans currently do not have a bank account; (b) what are the primary reasons for individuals not having a bank account; and (c) whether special bank accounts for Government transactions can be created through POSB for such individuals. Answer
    • MAS
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    • Chongqing, 2 November 2018… More than 500 government officials, financial sector professionals and corporate leaders from China and Southeast Asia attended the inaugural China (Chongqing)-Singapore Connectivity Initiative Financial Summit (Summit) in Chongqing, China, today. The Summit presented collaboration opportunities on cross-border financial and infrastructure connectivity between the Western Region of China and Southeast Asia. 2     The theme of the Summit was <<开放 创新 互联 共享 – 加强互联互通,全力服务“
    • MAS
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    •  Singapore, 18 August 2006...The Monetary Authority of Singapore (MAS) today launched a set of coins to commemorate Singapore's hosting of the 2006 Annual Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WB). 2   Singapore 2006 represents the most comprehensive gathering of global financial representatives and is the largest financial sector event to be held in Singapore. The event is expected to draw about 16,000 visitors including political
    • MAS
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    •   Question No 432 Notice Paper No 89 of 2010 For Oral Answer Date: For Parliament Sitting on 19 May 2010 Name and Constituency of Member of Parliament Q432 Mr Teo Siong Seng, Nominated Member of Parliament Question: Mr Teo Siong Seng: To ask the Senior Minister (a) whether the recent fraud charges against Goldman Sachs over its marketing of a subprime mortgage product is likely to have any impact on the Singapore economy; and (b) whether his Ministry has received any feedback on the financial reforms
    • MAS
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    • Singapore, 22 October 2013… Singapore and China today agreed on new initiatives to strengthen cooperation on financial sector development and regulation. The agreement was reached at the 10th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister, Coordinating Minister for National Security, and Minister for Home Affairs, Mr Teo Chee Hean, and People’s Republic of China Vice Premier of the State Council, Mr Zhang Gaoli. 2              The new initiatives will
    • MAS
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    • Singapore, 19 November 2013… The Monetary Authority of Singapore (MAS) has taken civil penalty action against Mr Ng Yu Jin 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   In October 2007, Mr Ng opened trading accounts with OCBC Securities Pte Ltd (OSPL) for the benefit of Mr Norman Phua Chun Han. Between January and April 2008, Mr Phua
    • MAS
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    • Question No 467 Notice Paper 305 of 2007 For Oral Answer Date: For Parliament Sitting On 22 January 2008 Name and Constituency of Member of Parliament Chiam See Tong, MP for Potong Pasir ___________________________________________________________________________________ Question To ask the Senior Minister whether the Government has any plans to promote greater confidence in our market by introducing greater internal controls in public listed companies to check the powers of financial officers to
    • MAS
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    •  Singapore, 22 December 2008...The Monetary Authority of Singapore (MAS) has directed Acclaim Insurance Brokers Pte Ltd (AIB), Leadenhall Insurance Brokers Pte Ltd (LIB), and Magnetron Insurance & Financial Services Pte Ltd (MIFS) to cease the provision of financial advisory services for new transactions by 23 December 2008.    With effect from 22 January 2009, MAS will withdraw AIB, LIB and MIFS' exemption under section 23(1) of the Financial Advisers Act ("FAA") from the requirement to hold a