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, 9 February 2022…The Institute of Banking and Finance Singapore (IBF) and the Monetary Authority of Singapore (MAS) today set out 12 technical skills and competencies needed for individuals to perform various roles in sustainable finance (see Annex for details). 2. The Sustainable Finance Technical Skills and Competencies (SF TSCs) are part of the IBF Skills Framework for Financial Services, which provides information on occupations and job roles, career pathways, and training programmes
- MAS
- Speeches
Last revised date:
- Mr Andrew Beeson, Chairman, Schroders Ms Susan Soh, Managing Director and Country Head, Schroders Singapore Members of the Schroders board Distinguished guests, ladies and gentlemen, good evening. I am delighted to join you to celebrate the 40th anniversary of Schroders Singapore and the opening of your new office. 2 Established in London in 1804 – 15 years before the founding of modern Singapore by Stamford Raffles, Schroders is a venerable institution with a long and rich history. 3 Over the
- MAS
- Media Releases
Last revised date:
- Singapore, 15 November 2016… The Monetary Authority of Singapore (MAS) today announced that three FinTech companies will receive a cash prize of S$50,000 each for the technology solutions they presented at the Global FinTech Hackcelerator Demo Day. Organised as part of the inaugural Singapore FinTech Festival , the Hackcelerator saw 19 finalists using innovative technology solutions to solve problems submitted by the financial industry. The finalists presented a working demo of their solutions to
- MAS
- Media Releases
Last revised date:
- Singapore, 17 March 2016… MoneySENSE, together with the Association of Banks in Singapore (ABS) and Securities Investors Association (Singapore) (SIAS), held the My Money @ Campus Seminar today at the National University of Singapore (NUS). The Seminar is targeted at tertiary students between the ages of 17-25 years and aims to broaden their perspectives on the importance of managing their future income well and being financially healthy. This is the second My Money @ Campus event, following a successful
- PDPC
- Public Consultations
Last revised date:
- ' I COMMENTS ON THE I PROPOSED REGULATIONS ON PERSONAL DATA PROTECTION IN SINGAPORE i SUBMITTED BY: IBM SINGAPORE PTE. LTD. 9 Changi Business Park Central 1 The IBM Place Singapore 486048 CONTACT PERSONS: MR. KIM FATT LAI (CONSULTING GOVERNMENT PROGRAMS LEADER) +65 6418 9551 Iaikf@sg.ibm.com MS. ERLYNNE ESPENILLA UY 1 (LEGAL COUNSEL, DA TA PROTECTION & PRIVACY OFFICER FOR ASEAN) +65 6418 1457 erlynne@sg.ibm.com MS. ANICK FORTlN-COUSENS (CORPORATE PRIVACYAND DA TA PROTECTION & PRIVACY OFFICER
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $29,000 was imposed on Tripartite Alliance for failing to put in place reasonable security arrangements to prevent the unauthorised access of approximately 20,000 individuals’ and companies’ data stored in its customer relationship system database. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2003-B6000 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tripartite Alliance Limited
- PDPC
- Commission's Decisions
Last revised date:
- Directions were issued to Jiwon Hair Salon, Next@Ion, Next Hairdressing and Initia for failing to put in place data protection policies to comply with the provisions of the PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC [2] Case No DP-1612-B0431 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And 1. Jiwon Hair Salon Pte. Ltd. 2. Next@Ion Pte. Ltd. 3. Next Hairdressing Pte. Ltd. 3.
- MAS
- Media Releases
Last revised date:
- Singapore, 11 November 2022…The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Ricardo Caballero as the MAS Term Professor in Economics and Finance from 14 to 25 November 2022. Professor Caballero will be hosted by the NUS Faculty of Arts and Social Sciences’ Department of Economics, and the Economic Policy Group of MAS during the term of the Professorship. 2 Professor Caballero is the Ford International Professor of Economics
- MAS
- Media Releases
Last revised date:
- Singapore, 21 November 2022… The Monetary Authority of Singapore (MAS) would like to address some questions and misconceptions that have arisen in the wake of the FTX.com (FTX) debacle. 2. A first misconception is that it was possible to protect local users who dealt with FTX, such as by ringfencing their assets or ensuring that FTX backed its assets with reserves. MAS cannot do this as FTX is not licensed by MAS and operates offshore A further misconception is that if Singapore investors’ assets
- MAS
- Monetary Policy Statements
Last revised date:
- 12 April 2005 INTRODUCTION 1 In October last year, MAS announced that it would maintain the policy of a modest and gradual appreciation of the S$NEER which has been adopted since April 2004. MAS assessed this policy stance to be supportive of economic growth, while ensuring low and stable inflation over the medium term. Chart 1 Nominal Effective Exchange Rate (S$NEER) 2 Since the Monetary Policy Statement (MPS) in October 2004, the S$NEER has fluctuated within the upper half of the policy band