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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- PDPC
Last revised date:
- Introduction to the Guidelines 1 Introduction 1.1 The advisory guidelines (the “Guidelines”) are issued by the Personal Data Protection Commission (the “Commission”) pursuant to section 49(1) of the Personal Data Protection Act 2012 (the “PDPA”) to provide guidance on the manner in which the Commission will interpret provisions of the PDPA. Where relevant, reference is made to the provisions of the regulations made or to be made under the PDPA (“Regulations
- MAS
- Speeches
Last revised date:
- Ladies and gentlemen, good morning. Thank you for inviting me to speak at this important investment forum. Asia’s dynamism and growth will be the defining investment theme of the next decade. Asian assets have become an essential component of a balanced and diversified portfolio. The expansion of Nomura’s forum from an Asian equity event previously to one that showcases the full suite of investment products in the region reflects the growth in investment opportunities in Asia. Like Nomura which serves
- MAS
- Speeches
Last revised date:
- Good afternoon, fellow Council members, distinguished guests, ladies and gentlemen. Welcome to the Inaugural IBF Annual Conference which is held in conjunction with our Annual General Meeting. 2 The need to build a deep pool of financial sector talent with worldclass capabilities is now felt more keenly than ever. Last year, 11,000 jobs were created in the financial sector. Latest DOS statistics show that in Q1 2007, financial services GDP grew by 12.9% over the same period last year, more than
- MAS
- Speeches
Last revised date:
- 1 Good morning ladies and gentlemen. 2 Let me first warmly welcome all our foreign guests to Singapore. I would also like to thank the organisers for bringing this conference to Singapore following the success of the inaugural conference in Shanghai last year. It is indeed my pleasure to join you this morning and share with you my perspectives on the important issue of insurance education and training. Growth of Asian Insurance 3 We are well aware of the emergence of Asia as a powerhouse
- MAS
- Speeches
Last revised date:
- Mr Wee Ee Cheong, Chairman, ABS and CEO, UOB Distinguished guests, ladies and gentlemen, 1 Thank you for joining us here at our inaugural FinTech Awards prize presentation ceremony. 2 Let me begin by thanking the participating teams, as well as the international cast of judges who helped evaluate the entries, for their time and inspiring work. 3 This evening, we are honouring winners from two competitions organised as part of the inaugural Singapore FinTech Festival: the Global FinTech Hackcelerator
- MAS
- Speeches
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- Dr Ackermann, Excellencies, Ladies and Gentlemen, Introduction It is my great pleasure this afternoon to join my fellow central bankers and regulators in a discussion of this very current topic. As MAS performs both the functions of a central bank as well as a financial regulator, I will be taking on both perspectives this afternoon. 2 As you all know very well, the recent market turbulence was triggered by concerns over a very specific segment of high-risk borrowers, but very rapidly spilled
- MAS
- Speeches
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- THE NEW FINANCIAL LANDSCAPE: CATALYSING THE GROWTH OF ISLAMIC FINANCE IN THE ASIAN MARKETS His Royal Highness Prince Salman bin Khalifa Al Khalifa, Ladies and gentlemen, Good morning. I am pleased to join you for the prestigious World Islamic Banking Conference (WIBC). I would like to thank the Central Bank of Bahrain (CBB) and MEGA for inviting the MAS to participate. The new financial landscape 2 Let me start by sharing some observations on economic growth prospects from an Asian perspective
- MAS
- Speeches
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- 1 Mr Speaker Sir, on behalf of the Senior Minister, I beg to move that the Bill be now read a second time. 2 This Bill enhances existing protection schemes for depositors and insurance policy owners, and brings them together into a single piece of legislation. The Deposit Insurance Act which established the Deposit Insurance (“DI”) Scheme, as well as provisions under the Insurance Act relating to the Policy Owners’ Protection (“PPF”) Scheme, will be repealed as a result. 3 The proposed enhancements
- PDPC
- Public Consultations
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- RESPONSE TO THE PERSONAL DATA PROTECTION COMMISSION’S CONSULTATION PAPER ON PROPOSED ADVISORY GUIDELINES ON THE APPLICATION OF THE PERSONAL DATA PROTECTION ACT TO SCENARIOS FACED IN THE TELECOMMUNICATIONS SECTOR Contact partner: Lam Chung Nian d: +65 64168271 e: chungnian.lam@wongpartnership.com WongPartnership LLP 12 Marina Boulevard Level 28 Marina Bay Financial Centre Tower 3 Singapore 018982 www.wongpartnership.com -------- 1. 1.1. 1.2. 2. 2.1. 2.2.
- PDPC
- Commission's Decisions
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- Ngian Wen Hao Dennis, Chua Puay Hwa Melissa and Winarto were found in breach of the PDPA and issued warnings in relation to two incidents involving the unauthorised collection and disclosure of individuals’ personal data in 2019 and 2020. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2109-B8857 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Ngian Wen Hao Dennis (2) Chan Puay Hwa Melissa (3)