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
- Parliamentary Replies
Last revised date:
- QUESTION NO 309 NOTICE PAPER 333 OF 2014 FOR ORAL ANSWER Date: For Parliament Sitting on 3 November 2014 Name and Constituency of Member of Parliament Mr Mohd Ismail Hussein, NMP Question: To ask the Prime Minister (a) what will be the impact of the US Federal Reserve rate hikes to Singapore SMEs and households; (b) whether there are any specific segments that are particularly vulnerable; and (c) what are the safeguards to lessen the impact of a steeper than expected rate hike on these vulnerable
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 259 NOTICE PAPER 150 OF 2015 FOR WRITTEN ANSWER Date: For Parliament Sitting on 13 July 2015 Name and Constituency of Member of Parliament Mr Christopher De Souza, MP for Holland-Bukit Timah GRC Question: To ask the Prime Minister (a) what is the number of individuals who have been declared bankrupt, whether voluntary or otherwise, as a result of credit card debt in the last three years; and (b) whether these figures suggest a need to introduce measures that make credit cards less accessible
- PDPC
- Public Consultations
Last revised date:
- $h 18 December 2017 Personal Data Protection Commission Singapore 460 Alexandra Road #10-02 PSA Building Singapore 119963 » Dear Sirs RESPONSE TO PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT (PDPA) FOR NRlc NUMBERS (Proposed Guidelines) SPH supports the objective of the Personal Data Protection Commission Singapore ("PDPC) to clarify how the PDPA applies to the collection, use, or disclosure of an individuals NRIC number, copy of NRIC or physical NRIC by organisations, as
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 19 August 2020… The Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against a former insurance agent and a former bank employee for fraud and dishonest conduct. The individuals are: Name Duration of Prohibition Orders Mr Aw Yong Seng, former representative of Prudential Assurance Company Singapore Pte Ltd (Prudential) 5 years Mr Chew Swee Sun Johnny, former representative of Bank of Singapore Limited (BOS) 3 years 2 The POs were issued against these individuals
- PDPC
- Practical Guidance
Last revised date:
- Guidance on whether research conducted for the government agencies such as Ministries and statutory boards would be considered research that is “clearly in the public interest” under paragraph 2(d) of the Third Schedule and paragraph 4(d) of the Fourth Schedule. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES BY EDUCATION INSTITUTION An Education Institution (the Institution) sought clarifications from the Personal Data Protection Commission (the Commission) on the public interest
- MAS
- Media Releases
Last revised date:
- Singapore, 19 August 2014… The Monetary Authority of Singapore (MAS), the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Exchange (SGX) have issued a revised Guidebook for Audit Committees in Singapore (Guidebook). 2 This is the second edition of the Guidebook which was developed by the Audit Committee Guidance Committee (ACGC) and first issued in October 2008. The Guidebook has proven to be a rich source of practical guidance for Audit Committee members over the past five
- MAS
- Media Releases
Last revised date:
- 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
- Circulars
Last revised date:
- Sets out disclosure requirements for the PPF Fund. Circular No. ID 21/11 27 December 2011 Principal Officers All Insurers Dear Sir DISCLOSURE REQUIREMENTS FOR THE POLICY OWNERS PROTECTION FUND The Deposit Insurance and Policy Owners Protection Schemes Act 2011 (DI- PPF Act) came into effect on 1 May 2011 and the Deposit Insurance and Policy Owners' Protection Schemes (Policy Owners' Protection Scheme) Regulations 2011 (the Regulations)
- MAS
- Exemptions
Last revised date:
- View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 April 2013 to 30 June 2013. 1 2 Issue Date: 3 Oct 2013 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 April 2013 to 30 June 2013 S/N Exemption granted Exemption provision No. of exemptions provided 1 Section 300(9) of the SFA, read with section 337(2) of the SFA. Exemption for the sponsor of
- MAS
- Media Releases
Last revised date:
- U.S. Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met in Singapore to discuss the importance of data connectivity in financial services. At the conclusion of their meeting, Under Secretary McIntosh and Deputy Managing Director Loh issued the following joint statement: The United States and Singapore recognize that the ability to aggregate, store, process, and transmit data across borders is critical