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
- Speeches
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- 1 Mr Lim Hng Kiang, Minister for Trade and Industry (Trade), and Deputy Chairman, Monetary Authority of Singapore, on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of the Monetary Authority of Singapore (“MAS”), today moved the Payment and Settlement Systems (Finality and Netting) (Amendment) Bill (the “Bill”) for First Reading in Parliament. BACKGROUND 2 The Payment and Settlement Systems (Finality and Netting) Act (Cap. 231) (the "FNA") was enacted in 2002
- MAS
- Media Releases
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- Singapore, 8 March 2017… The Monetary Authority of Singapore (MAS) has successfully obtained a civil penalty judgment against Mr Wang Boon Heng (Wang) and Ms Foo Jee Chin (Foo) for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits any conduct that operates as a fraud or deception in connection with the subscription, purchase or sale of securities. This case was referred to MAS by the Singapore Exchange Securities Trading Ltd. 2 At the material times, Wang and
- MAS
- Media Releases
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- Singapore, 31 January 2018…The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) today announced that IBF will expand its mandate to provide career advisory and job placement services for the financial sector. IBF will set up a dedicated Career Centre providing advisory services for professionals in the financial industry. The Centre, targeted to be set up by July 2018, will allow IBF to provide a comprehensive suite of services ranging from setting competency standards
- MAS
- Media Releases
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- Singapore, 8 February 2007...The Monetary Authority of Singapore (MAS) has released details of changes to the capital adequacy requirements for Singapore-incorporated banks. 2 Effective from 1 March 2007, MAS will lower the Tier 1 capital adequacy ratio (CAR) requirement from 7% to 6%. The Total CAR requirement will remain unchanged at 10%. 3 MAS will also recognise a broader range of instruments as Tier 2 capital. These instruments can be of a shorter maturity and do not necessarily have to
- MAS
- Speeches
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- Mr Lester Gray Chairman Investment Management Association of Singapore Mr Chan Lee Mun Principal & CEO Nanyang Polytechnic Distinguished guests Ladies & Gentlemen Good afternoon. Introduction 1 I am pleased to join you today for the MOU signing ceremony between Nanyang Polytechnic (NYP) and the Investment Management Association of Singapore (IMAS). 2 I would like to commend IMAS and NYP for joining hands to provide training in the areas of fund management and administration. With its focus
- MAS
- Speeches
Last revised date:
- Introduction 1 A very good morning to all of you. To our overseas guests and friends, may I extend a very warm welcome to you. I am very pleased to have been invited to this inaugural Euromoney South East Asia FX Forum. 2 The past year has been a challenging one, as most of you will readily acknowledge. The global financial turmoil, which began more than a year ago in the US, continues to unfold. Many consider the state of the market the worst since the great depression in the 1930s. In the
- MAS
- Speeches
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- Tharman Shanmugaratnam Deputy Prime Minister and Minister-in-charge of MAS MAS will provide an effective anchor for economic and financial stability during a period of global and regional uncertainties. We will also actively promote innovations in finance. Technology will challenge many existing players, but is a major opportunity for our financial centre. We will work with the industry to use technology to increase efficiency and lower costs of payments, enable financial institutions to expand their
- MAS
- Speeches
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- Mr Steven Schwarzman, Chairman and CEO, the Blackstone Group, Distinguished guests Ladies and Gentlemen, 1. I am very happy to join you in marking the opening of Blackstone’s Singapore office. I understand that Singapore is your new regional hub for Private Equity and Real Estate investments across Asia and Australia, and houses its only treasury function outside New York. This reflects Blackstone’s strong interest in o Asia’s future growth. Rising Prominence Of Private Equity As An Asset Class
- MAS
- Media Releases
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- Singapore, 19 March 2015... The Monetary Authority of Singapore (MAS) has taken civil penalty action against Mr Tan Hua Ann for false trading under Section 197(1)(b) of the Securities and Futures Act (SFA). 2 On 20 October 2011, Mr Tan, then a remisier with UOB Kay Hian Private Limited, entered a false sell order to create a false appearance in the indicative opening price for an Exchange-Traded Fund, Lyxor UCITS ETF MSCI AC Asia Ex Japan (LA10) during the pre-open phase before the start of the
- PDPC
- Public Consultations
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