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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    •  Good morning, ladies and gentlemen. 2   I would like to thank IFPAS for inviting me to address you this morning.  It is indeed my pleasure to be here, speaking to professionals from across the financial industries. Introduction 3   Prospects for the financial advisory industry in Singapore look bright.  Several economic and demographic trends point towards continued growth for the financial advisory industry. The Singapore economy grew by a healthy 6.4% in 2005 and the growth momentum is expected
    • MAS
    • Media Releases

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    • Singapore, 15 July 2014...The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed amendments to its notices to financial institutions (FIs) on anti-money laundering and countering the financing of terrorism (AML/CFT). The proposed amendments draw reference from international best practices and the latest recommendations of the Financial Action Task Force (FATF), the global standard-setter for measures to combat money laundering (ML), terrorist financing (TF), and
    • MAS
    • Speeches

    Last revised date:

    • His Excellency Paul Kagame, President of the Republic of Rwanda, His Excellency Hakainde Hichilema, President of the Republic of Zambia, distinguished guests, ladies and gentlemen, good afternoon. I am delighted to be part of this remarkable session bringing Africa and Asia together on the theme of Enabling FinTech for Good .  There is much we can do together, and Singapore is proud to be part of this effort.  Since coming here a couple of days ago, my colleagues and I have been struck by the energy
    • MAS
    • Recent Economic Developments

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    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. Is i 17 September 2014 RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 4 September 2015 Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % Labour Market and Prices Unemployment Rate, sa, % (Average) CPI-All Items Inflation, y-o-y % Wage Growth, y-o-y
    • MAS
    • Recent Economic Developments

    Last revised date:

    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. 17 September 2014 RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 5 June 2015 2014 Q2 Q3 Q4 Full Year Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % Labour Market and Prices Unemployment Rate, sa, % (Average) CPI-All Items Inflation, y-o-y
    • MAS
    • Speeches

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    •  Speech by Mr Koh Yong Guan, Managing Director, MAS at the Millennium Law Conference Date: 10 Apr 2000 1   INTRODUCTION 1.1   I am honoured to be invited to speak at the Millennium Law Conference. 1.2   The organisers had asked that I speak on issues related to the Internet challenge. This is not surprising. Financial services is among those sectors that stand to be radically transformed by the world-wide web phenomenon. 1.3   The Internet is more than just another delivery mechanism or cost-effective
    • MAS
    • Consultations

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    • Proposed good practices of financial advisers in the areas of advisory and sales process, recruitment, training and competency of representatives, complaints handling and compliance function. Response VIEW DOCUMENT Response to Feedback: Draft Information Paper on Good Practices for Licensed and Exempt Financial Advisers (164.2 KB) Consultation Paper VIEW DOCUMENT Draft Information Paper on Good Practices for Licensed Financial Advisers and Exempt Financial Advisers (2.1 MB) RESPONSE TO FEEDBACK
    • MAS
    • Guidelines

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    • Trusts) Regulations 2005 respectively.
    • Conduct of Business) Regulations (Rg 10); Securities and Futures (Offers of Investments) (Shares and Debentures) Regulations (Rg 1); Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations (Rg 2) and Securities and Futures (Offers of Investments) (Business
    • Trusts) Regulations 2005. 6 The following illustrations are only intended as a guide; whether or not section 339 applies in a specific case would depend on the facts and circumstances of the case, and with regard to the principles set out in Section 4 of these Guidelines
    • MAS
    • Speeches

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    •  1   I am glad that you have chosen the theme "Doing It Right" for this year's AFA Congress.  The Financial Advisers Act or FAA was introduced more than two years ago. Now that we are entering the third year, it is timely for us to take stock and reflect on what the financial advisory industry has achieved, and to consider what it really means for the industry to "do it right" moving forward. The focus on "doing it right" goes beyond complying with the regulations, guidelines and minimum standards
    • PDPC

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    • GUIDE TO DEVELOPING A DATA PROTECTION MANAGEMENT PROGRAMME Published 1 November 2017 Revised 15 July 2019 -------- GUIDE TO DEVELOPING A DATA PROTECTION MANAGEMENT PROGRAMME (Revised 15 July 2019) TABLE OF CONTENTS PART 1: INTRODUCTION .................................................................................................................................. 3 1.1 What is a DPMP? ....................................................................................