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
    • FATF Statement

    Last revised date:

    • The FATF has continued to pause the review process for the list of “High-Risk Jurisdictions subject to a Call for Action [1] . As such, FIs should continue to refer to the previous Statement issued in February 2020, which highlights the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of the Democratic People’s Republic of Korea (DPRK) and Iran. While the statement may not necessarily reflect the most recent status in DPRK and Iran, due to
    • MAS
    • FATF Statement

    Last revised date:

    • On 21 February 2020, the Financial Action Task Force (FATF), of which Singapore is a member, issued an updated Statement on High-Risk Jurisdictions subject to a Call for Action [1] . Aside from identifying them as high risk jurisdictions, the statement also highlights the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of the Democratic People’s Republic of Korea (DPRK) and Iran. On DPRK, the FATF remains concerned by its failure to address
    • MAS
    • FATF Statement

    Last revised date:

    • October 2021 FATF Statement The FATF has continued to pause the review process for the list of “High-Risk Jurisdictions subject to a Call for Action Previously called “Public Statement” . As such, FIs should continue to refer to the previous Statement issued in February 2020, which highlights the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of the Democratic People’s Republic of Korea (DPRK) and Iran. While the statement may not reflect
    • PDPC

    Last revised date:

    • GUIDE TO DATA SHARING Revised 1 February 2018 1 -------- TABLE OF CONTENTS PART 1: INTRODUCTION.............................................................................................................. 3 PART 2: FACTORS TO CONSIDER BEFORE SHARING .................................................................... 6 PART 3: THE “HOW” OF PERSONAL DATA SHARING .........................................................
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 24 June 2021… The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of the existing industry-wide support measures In October last year, the financial industry introduced the Extended Support Scheme (ESS) to help individuals and SMEs that continue to face cashflow difficulties due to the pandemic transition gradually to full loan repayments. The application
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 24 June 2021… The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of the existing industry-wide support measures In October last year, the financial industry introduced the Extended Support Scheme (ESS) to help individuals and SMEs that continue to face cashflow difficulties due to the pandemic transition gradually to full loan repayments. The application
    • MAS
    • Economic Essays

    Last revised date:

    • This study was published as Special Feature A in the October 2012 Macroeconomic Review. 2 74 Macroeconomic Review, October 2012 Special Feature A Deleveraging and Rebalancing in the Global Economy: A Medium-term Perspective1 Introduction forced undertake In the aftermath of the Global Financial Crisis, in the advanced economies are households consuming less to shed debt and bolster balance sheets. At the same time, governments are fiscal to increasingly
    • MAS
    • Economic Essays

    Last revised date:

    • This study was published as Special Feature A in the October 2014 Macroeconomic Review 76 Macroeconomic Review, October 2014 Special Feature A MAS Macroeconomic Modelling Workshop 20141 Introduction The Economic Policy Group (EPG) at the MAS organised a Macroeconomic Modelling Workshop in August 2014. The event was attended by about 70 participants comprising local academics, private sector analysts, and public sector and MAS economists. The purpose of the Workshop
    • MAS
    • Economic Essays

    Last revised date:

    • This study was published as Special Feature C in the April 2018 Macroeconomic Review. Special Features 89 Special Feature C Inflation Expectations In Singapore: A Behavioural Approach by Alexander Clark, Aurobindo Ghosh and Samuel Hanes1 Introduction2 growth inflation, The expectations of economic agents have significant impact on their decisions and are key determinants of macroeconomic outcomes such as and economic unemployment. For example, if a worker
    • MAS
    • Media Releases

    Last revised date:

    •  MAS Sets Up New Committee to Oversee Bond Market Developments 5 Aug 1999... Minister for Health and Second Minister for Finance, Mr Lim Hng Kiang, today announced the names of the first group of sixteen financial institutions that have been accorded the Approved Bond Intermediary (ABI) status. Mr Lim also announced the formation of a multi-agency Debt Market Committee chaired by MAS Managing Director Mr Koh Yong Guan. Speaking at a reception hosted by the Monetary Authority of Singapore (MAS),