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
- Media Releases
Last revised date:
- Singapore, 19 February 2016 – The ASEAN+3 Macroeconomic Research Office (“AMRO”) held its opening ceremony in Singapore today to commemorate its establishment as an international organisation. AMRO was formally accorded the legal status of an international organisation on 9 February 2016, when the agreement signed by ASEAN+3 member states to establish AMRO entered into force. AMRO is the first international organisation established by the ASEAN+3 member states and is headquartered in Singapore. It
- MAS
- Parliamentary Replies
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- Question No. 55 Notice Paper No. 308 of 2009 For Written Answer Date: For Parliament Sitting on 12 January 2010 Name and Constituency of Member of Parliament Mdm Ho Geok Choo, MP for West Coast GRC Question: Mdm Ho Geok Choo: To ask the Senior Minister with the emergence of dark pools which allow trading of stocks to occur away from public eyes and off central exchanges (a) how will the Ministry deal with the regulatory issues that these dark pools are likely to throw up; and (b) how will the
- PDPC
- Public Consultations
Last revised date:
- Response to Public Consultation on Proposed Business Operation of the DNC Registry Contact: Tan Kah Tian Vice President, Legal Millennium & Copthorne International Limited 9 Raffles Place #61-00 Republic Plaza Singapore 048619 Co. Reg. No. / UEN: 199600354R D: 6231 4818 E: tankahtian@hongleong.com.sg Dear Sirs, Comment on validity period of results checked on Do-Not-Call Registry A. Introduction We wish to make one suggestion regarding the validity period of results checked
- PDPC
- Public Consultations
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- Transamerica Life (Bermuda) Ltd., Singapore Branch (“TLBSG”) Comments to PUBLIC CONSULTATION ON REVIEW OF THE PERSONAL DATA PROTECTION ACT 2012 – PROPOSED DATA PORTABILITY AND DATA INNOVATION PROVISIONS 17 July 2019 -------- Transamerica Life (Bermuda) Ltd., Singapore Branch (“TLBSG”) is supportive of PDPC proposal to introduce provisions for data portability and data innovation under Singapore’s Personal Data Protection Act 2012 (“PDPA”). Please find our response to the proposed
- SSO
- Legislation
Last revised date:
- Interpretation of this Part 36. —(1) In this Part, unless the context otherwise requires — “calling line identity” means the telephone number or information identifying the sender; “checker” means a person mentioned in section 43A(1); [Act 40 of 2020 wef 01/02/2021] “financial services” has the same meaning as in section 2 of the Consumer Protection (Fair Trading) Act (Cap. 52A); “goods” means any personal property, whether tangible or intangible, and shall be deemed to include — ( a ) chattels
- PDPC
- Commission's Decisions
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- A warning was issued to Interauct! for retaining personal data which was no longer necessary for legal or business purposes. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-1911-B5268 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Interauct! Pte Ltd SUMMARY OF THE DECISION 1. Interauct! Pte Ltd (the Organisation) operated an online mobile number auction (the Auction) for a telecommunications
- MAS
- Media Releases
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- Singapore, 3 November 2022…The Monetary Authority of Singapore (MAS) today launched Ubin+ , an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). 2 Ubin+ will focus on the following: Study business models and governance structures for cross-border foreign exchange (FX) settlement, where atomic settlement, based on digital currencies, can improve efficiencies and reduce settlement risks compared
- MAS
- Forms and Templates
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- Markets - Form 5 Application for change in status SECURITIES AND FUTURES ACT (CAP. 289) SECTION 8(3)(a) APPLICATION FOR CHANGE IN STATUS FORM 5 Explanatory Notes 1. Please read the explanatory notes and questions carefully before completing the form. 2. All questions must be answered. If a question is not applicable, please mark N.A. in the space provided. If there is insufficient space for your answers, please attach annex(es) which should be identified
- MAS
- Exemptions
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- Criteria to be met by a related corporation, which intends to enjoy the exemption granted under regulation 12(b) of the the Insurance (Authorised Reinsurers) Regulations. This notice applies to all authorised reinsurers. It sets out the criteria to be met by a related corporation that intends to enjoy the exemption granted under regulation 12(b) of the the Insurance (Authorised Reinsurers) Regulations. Regulation 12(b) of the Regulations provides that section 56A of the Insurance Act (Cap.142) shall
- MAS
- Media Releases
Last revised date:
- Singapore, 22 May 2023…The Monetary Authority of Singapore (MAS) today launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) Talent Development Programme. The initiative, which is part of the National AI Programme in Finance The National AI Programme in Finance is a joint effort by MAS and the Smart Nation and Digital Government Group. It aims to develop Singapore as a global hub for financial institutions to research, develop, and deploy AI solutions. , aims to increase