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....
Showing 3926 Documents for "business trust"
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- MAS
- Media Releases
Last revised date:
- Gujarat, India, 18 September 2022…The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) IFSCA is headquartered at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat, India. today signed a FinTech Co-operation Agreement (CA) to facilitate regulatory collaboration and partnership in FinTech. 2 The CA will promote the following: Regulatory Sandbox Collaboration – MAS and IFSCA will leverage existing regulatory sandboxes in
- MAS
- FATF Statement
Last revised date:
- March 2022 FATF Statement 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 reflect the most recent status in DPRK and
- MAS
- FATF Statement
Last revised date:
- June 2022 FATF Statement 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 reflect the most recent status in DPRK and
- MAS
- Parliamentary Replies
Last revised date:
- Parliamentary Question on Bank Exposure Date: For Parliament Sitting on 14 Jan 98 ________________________________________________________________________________________ Question: To ask the Deputy Prime Minister what is the extent to which our local financial institutions are additionally exposed to bad loans made to regional economies with rapidly falling currency and equity values, especially in October and November 1997, and whether such exposures will lead to banking crises similar to those
- MAS
- Media Releases
Last revised date:
- Debt Market sees Two-Fold Growth in 1999. New Guidelines for Credit Derivatives, Securitisation and Internet-Based Securities Activities Singapore, 6 September 2000 - Deputy Prime Minister and MAS Chairman Lee Hsien Loong today announced that the Monetary Authority of Singapore (MAS) has finalised and will be issuing the guidelines for the regulatory treatment of banks' credit derivatives and securitisation activities. DPM Lee also revealed today that MAS has completed the review of licensing requirements
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: Pace and Path of Banking Mergers in S'pore For Parliament Sitting on 15 Apr 1999 Question: To ask the Deputy Prime Minister whether the Government's position in determining the pace and path of banking mergers in Singapore is contradictory to the principle of adhering to free market forces in Singapore's open economy Answer: 1 The Government must set the pace of liberalisation in the banking sector, because we do not start from a totally
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 3 May 2016… The Monetary Authority of Singapore (MAS) has taken civil penalty action against Pu Weidong (Pu) and Triumpus Assets Management Pte Ltd (Triumpus) for insider trading in the shares of Sinomem Technology Ltd (Sinomem). 2 Pu was the Chief Financial Officer in Sinomem when the contraventions took place. Pu is also the sole director and shareholder of Triumpus. 3 Between 2 and 27 March 2009, Pu and Triumpus purchased 4,605,000 Sinomem shares when Pu possessed confidential price-sensitive
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 21 Case No DP-1801-B1632 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Jade E-Services Singapore Pte. Ltd. … Organisation DECISION -------- Jade E-Services Singapore Pte. Ltd. [2018] SGPDPC 21 Yeong Zee Kin, Deputy Commissioner — Case No DP-1801-B1632 11 September 2018 Background 1 The complaint concerns the failure to protect the personal
- MAS
- Media Releases
Last revised date:
- Singapore, 2 October 2018…The Cyber Security Advisory Panel (CSAP) 1 of the Monetary Authority of Singapore (MAS) provided insights and suggestions on how Singapore’s financial sector can harness the benefits of new technologies while remaining cyber resilient. At its second annual meeting chaired by Mr Ravi Menon, Managing Director, MAS, the international panel also provided advice on MAS’ own cyber resilience strategies. 2 CSAP members shared their views on the growing adoption of new technologies
- MAS
- Media Releases
Last revised date:
- Singapore, 5 June 2019… President Halimah Yacob today launched a $20 currency note to commemorate Singapore’s Bicentennial. The note, issued by the Monetary Authority of Singapore (MAS), depicts Singapore’s journey to nationhood and pays tribute to our forebears who laid the foundations for modern Singapore. In conjunction with the Bicentennial, the MAS Gallery is also exhibiting for the first time a rare collection of currency notes and coins that trace the development of Singapore’s currency over