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
- Speeches
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- Ladies and Gentlemen Introduction 1 It is my pleasure to address the first MAS Risk Conference. I will cover two areas : First, the changing financial landscape and the challenges they pose for risk management; and Second, the introduction of three risk management initiatives. Changing Financial Landscape and Challenges 2 Over the last few years, there has been a fundamental change in the volatility of financial markets. The frequency and the contagion effects of crises affecting financial markets
- MAS
- Speeches
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- Introduction Thank you very much Terence. Good afternoon ladies and gentlemen. I?m very happy to be invited to speak to you again. I was here a year ago, and being back here gives me an opportunity to tell you once again how important the GIA is to Singapore, and to the Monetary Authority. The General Insurance Industry in 2003 Last year when I spoke to you, I talked about some of the challenges facing the industry both globally and locally. The President has mentioned some of these challenges.
- MAS
- Speeches
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- Good morning ladies and gentleman, 1 I am delighted to be here with you this morning at the "1st Asian Conference on Human Resource and Training Development in Insurance". It is indeed timely to focus our attention on human capital - which is undoubtedly very important in today's new economy. With greater emphasis on competency and professionalism in the insurance industry, I am happy that Asia Insurance Review is organising this first ever regional conference dedicated to HR and training issues
- MAS
- Speeches
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- Prof Shih Choon Fong, President of NUS Prof Tan Eng Chye, Chairman, RMI Prof Andrew Rose, Founding Director of RMI Prof Robert Merton Prof Duan Jin-chuan Ladies and Gentlemen It gives me great pleasure to join you for this inaugural Risk Management Institute Research Conference. 2 It is opportune that this Conference is being held this week, which marks the 10 th Anniversary of the Asian Financial Crisis. It provides us a poignant reminder of the need to continually keep apace with the evolving
- MAS
- Media Releases
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- On 13 Sep 2012, TCC Assets Limited (“TCC”) announced a mandatory general offer (the “TCC Offer”) for all the shares in F&N at a price of $8.88 per F&N share. TCC has extended the closing date of the TCC Offer to 5.30 p.m. on 21 Jan 2013. On 15 Nov 2012, OUE Baytown Pte. Ltd. (“OUE Baytown”) announced a voluntary general offer (the “OUE Offer”) for F&N at an offer price of $9.08 per F&N share. OUE Baytown has extended the closing date of the OUE Offer to 5.30 p.m. on 21 Jan 2013. 2 Under Rule 22.9
- PDPC
- Commission's Decisions
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- Directions were issued to Thomson Medical to conduct scan of the web to ensure no publication of affected personal data online and to include in the review of its application deployment process, measures such as the arrangements for security testing and the implementation of data retention policy. This is pursuant to a data breach incident from an unsecured Health Declaration Portal which enabled public access to visitors' personal data. Click here for more information. PERSONAL DATA PROTECTION COMMISSION
- MAS
- Consumer Price Developments
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- This August 2021 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. a\sys 1 Consumer Price Developments in August 2021 Summary from 1.0% in July. MAS Core Inflation edged up to 1.1% on a year-on-year (y-o-y) basis in August, o The increase was largely driven by higher food inflation and the smaller decline in the cost of retail & other goods. CPI-All Items inflation eased
- MAS
- External Publications
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- Financial Action Task Force (FATF)'s guidance on counter proliferation financing for financial institutions. The Financial Action Task Force (FATF) published this year a “Guidance on Counter Proliferation Financing – The Implementation of Financial Provisions of United Nations Security Council Resolutions to Counter the Proliferation of Weapons of Mass Destruction” (FATF Guidance). The FATF Guidance can be found at the FATF website: http://www.fatf-gafi.org/publications/financingofproliferation/
- MAS
- Speeches
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- "The Role Of Macroeconometric Modelling In Public Policy - A Policy-Maker's Perspective" Date: 02 Feb 2000 Introduction 1 Good morning. It is my pleasure to be here today. This conference provides an excellent opportunity for networking and the exchange of ideas between policy-makers, private sector economists as well as academics 2 Last July, at the Far Eastern Meeting of the Econometric Society in Singapore, I mentioned that the Economics Department of MAS was working on a new macroeconometric
- MAS
- Speeches
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- Mayor Yu-Foo Yee Shoon & Parliamentary Colleagues Distinguished guests and Ladies and Gentlemen Avoiding Excessive Consumer Debt Introduction 1 It is a pleasure for me to address you at this conference. The subject of consumer credit counselling is appropriate and timely. 2 Household debt has been growing rapidly in Singapore. According to latest estimates by the Department of Statistics, total household liabilities, in the form of mortgages and personal loans, grew from 118% of annual personal