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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- "Review of Achievements and Future Challenges" Introduction Thank you very much, Raymond Kwok, President of LIA. Good afternoon, ladies and gentlemen. It's a great pleasure to be with you this afternoon. I?m glad to have the opportunity to address you today. I want to cover some of the same ground that Raymond has covered in his address, although from a somewhat different perspective. I would like to talk about what has happened within the life industry in Singapore over the last year, and then
- MAS
- Speeches
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- Confidence in and resilience of the life insurance industry Dr Khoo Kah Siang, President of the Life Insurance Association, Distinguished guests, Ladies and Gentlemen. 1 Thank you for inviting my colleagues and I to the Association’s 13th Annual Luncheon. 2 Modern life insurance is said to have its beginnings in London more than 300 years ago by a company called Amicable Society for a Perpetual Assurance, with the aim of allowing an amicable distribution of contributions to be made by deceased
- MAS
- Consultations
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- (2) In this regulation asset-backed securities has the same meaning as in in section 262(3) of the Securities and Futures Act (Cap. 289); business trust has the same meaning as in section 2 of the Business Trusts Act (Cap. 31A); collective investment scheme has the same
- trust, has the same meaning as in section 2 of the Business Trusts Act (Cap. 31A); designated investment product has the same meaning as in section 25(6) of the Act; excluded investment product means -------- 11 (a) any stock or share issued or proposed to be issued by a corporation or
- trust; (e) any derivative of units in a business trust; (f) any unit in a collective investment scheme, such collective investment scheme being an arrangement that is a trust; that invests primarily in real estate and real estate-related assets specified by the Authority
- MAS
- Speeches
Last revised date:
- 1 Good morning ladies and gentlemen. To all our foreign guests, a very warm welcome to Singapore. I trust that you found yesterday's discussions both intriguing and fruitful. This morning, I've been asked to talk about general trends in the evolution of corporate treasuries and in particular, how these have affected where they choose to locate their regional treasury centres and what they choose to do in these treasury centres. As many of you are aware, over 3600 companies have chosen Singapore
- MAS
- Financial Sector Development Fund Annual Report
Last revised date:
- FINANCIAL SECTOR DEVELOPMENT FUND STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 March Note 2012 $'000 2011 $'000 Interest Income Dividend Income Gain from Financial Instruments at Fair Value through Profit or Loss Foreign Exchange Loss Other Income Total Income Less: Investment Expenses Grants Total Expenditure 25,146 69,186 28,303 27,238 70,297 48,971
- MAS
- Guidelines
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- Guidelines for approved trustees on Notice SFA 13-N01 on the prevention of money laundering and countering the financing of terrorism. These guidelines provide guidance to approved trustees on the requirements in Notice SFA 13-N01 to the Approved Trustees on Prevention of Money Laundering and Countering the Financing of Terrorism . They should be read in conjunction with the notice. 24 Apr 2015 Previous version dated 24 April 2015 (277.1 KB) [Cancelled] 29 Dec 2006 Previous version dated 29 Dec 2006
- PDPC
- Public Consultations
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- CP Title: CP Description: PDPC - Proposed Data Portability and Data Innovation Provisions The Personal Data Protection Commission (PDPC) launched a public consultation to seek views on proposals to introduce data portability and data innovation provisions in the Personal Data Protection Act (PDPA) as part of its ongoing review. These proposals will provide a balanced regulatory approach to support innovation in a Digital Economy, while giving consumers choice and control over their data. The paper
- MAS
- Speeches
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- Mr Henri de Castries, Chairman of AXA Management Board and CEO of AXA Group Distinguished Guests Ladies and Gentlemen 1 I am delighted to be here with you this evening to commemorate the opening of the AXA University Asia Pacific Campus. 2 . This establishment of a full-fledged corporate training campus here reflects AXA Group’s continued commitment to people development, in Asia and to Singapore. We welcome the leadership and foresight demonstrated by AXA in investing in future growth of the
- MAS
- Media Releases
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- Singapore, 4 November 2020… The Monetary Authority of Singapore (MAS) has taken several strong actions against financial institutions (FIs) and individuals for market abuse, financial misconduct, and control breaches related to money laundering. In its Enforcement Report (933.8 KB) published today, covering the period January 2019 to June 2020, MAS detailed various enforcement actions taken for breaches of MAS regulations and requirements. 2 MAS imposed $11.7 million in civil penalties and, together
- MAS
- Speeches
Last revised date:
- "Embracing Changes, Ready for the Furture" Introduction 1 Good morning ladies and gentlemen. It is a pleasure to join you here today. 2 The marketplace for financial advisory services has been changing, with an increasing variety in the types and complexity of products that are being offered to consumers. The industry and MAS, as the regulator, must embrace change to be ready for the future. 3 MAS recently spelt out its regulatory philosophy in a monograph "Objectives and Principles of