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, 13 June 2016… The Monetary Authority of Singapore (MAS) announced that it would set up dedicated departments to combat money laundering and strengthen enforcement respectively. The changes will take effect on 1 August 2016. Anti-Money Laundering (AML) 2 Like all major international financial and business centres, Singapore’s financial sector faces the risk of being used as a conduit for money laundering and terrorist financing activities. While MAS has in place a robust regime to protect
- MAS
- Speeches
Last revised date:
- Mr Ravi Menon, Chairman of IBF Council, IBF Council members, Distinguished guests, ladies and gentlemen, Introduction 1. Good evening to all of you. Thank you for inviting me to the annual IBF Distinction Evening. I am very happy to be here to celebrate the exemplary achievements of individuals and financial institutions, or FIs, who have contributed to the advancement of the financial services industry. Allow me to extend my warmest congratulations to all the award recipients present here tonight
- MAS
- Circulars
Last revised date:
- Circular to Corporate Finance Firms on Enhancing Anti-Money Laundering & Countering the Financing of Terrorism Measures and Business Conduct This circular was issued following a series of thematic inspections carried out between 2014 and 2015 which covered licensed and exempt corporate finance firms, with regard to their AML/CFT practices, record keeping and staff trading. It sets out common findings, and good practices observed during the inspections. 2 10 Shenton Way MAS Building Singapore 079117
- MAS
- Forms and Templates
Last revised date:
- Markets - Form 1A Application for approval as an approved exchange or recognition as a Singapore-incorporated recognised market operator Explanatory Notes Please read the explanatory notes and questions carefully before completing the form. Before you fill up this form, you should: Read the rules and regulations pertinent to the operation of an organised market. These include (but are not limited to): Part II and the First Schedule of the Securities and Futures Act; and Securities and Futures