Definition of “business trust”
Universal
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"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
- Singapore, 1 October 2021…The Monetary Authority of Singapore (MAS) announced today that it will introduce a digital platform and enabling regulatory framework for financial institutions (FIs) to share with one another relevant information on customers and transactions to prevent money laundering (ML), terrorism financing (TF) and proliferation financing (PF) PF refers to the raising, moving or making available of financing, funds, assets or other economic resources to individuals or entities to
- MAS
- Media Releases
Last revised date:
- Dubai, UAE, 29 August, 2018… The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have signed a FinTech Agreement that allows referrals of innovative businesses between the two authorities. The Agreement reflects the commitment of both authorities to support the continuous development of FinTech and innovation to deliver new and enhanced financial services to manage risks better, reduce costs, and increase efficiency. 2 The Agreement centres on a referral
- MAS
- Media Releases
Last revised date:
- MAS Proposes New Powers to Enhance Effectiveness in Addressing Financial Sector-Wide Risks Singapore, 21 July 2020... The Monetary Authority of Singapore (MAS) today issued a consultation paper proposing enhanced powers to deal with risks that can undermine the financial sector. The proposed new Act for financial services and markets will consolidate similar provisions for various classes of financial institutions This includes provisions relating to the prevention of money laundering and terrorism
- MAS
- Forms and Templates
Last revised date:
- Approved Holding Company - Form 1 Application for Approval as an Approved Holding Company SECURITIES AND FUTURES ACT (CAP. 289) SECURITIES AND FUTURES (APPROVED HOLDING COMPANIES) REGULATIONS 2005 FORM 1 REGULATION 6 APPLICATION FOR APPROVAL AS AN APPROVED HOLDING COMPANY Explanatory Notes 1. Please read the explanatory notes and questions carefully before completing the application form. 2. All questions must be answered. If a question is not
- MAS
- Consultations
Last revised date:
- business licence, registered insurers and insurance broking firms. 19 -------- 2.34 For the avoidance of doubt, the scope of nonFA activities referred to in paragraph 2.33 does not include: (a) Referral activities which are passive or adhoc in nature, for example an LFA referring its
- 11 The financial institutions licensed by MAS which LFAs could act as introducers for or make referrals to are as follows: commercial banks, merchant banks, finance companies, money brokers, holders of capital markets services licence, holders of trust
- MAS
- Consultations
Last revised date:
- trust.
- business; (o) trust business; (o) money broking; (p) money broking; (p) money-changing business; (q) money-changing business; (q) remittance business; 1 This includes a financial holding company which is a non-operating company holding a subsidiary
- For example, classes of products under the category of securities would include, amongst others, listed equities, bonds and business trusts; classes of products under the category of securities-based derivatives contracts, would include, amongst others, futures contract on an equity
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $24,000 was imposed on Lovebonito for failing to put in place reasonable security to protect personal data in its possession. The incident resulted in the personal data being accessed and exfiltrated. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPC 3 Case No. DP-1912-B5484 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Lovebonito Singapore Pte. Ltd. DECISION Organisation
- MAS
- Consultations
Last revised date:
- Consultation Paper VIEW DOCUMENT Committee on Efficient Distribution of Life Insurance Report (54.1 KB) (cid:1)(cid:2)(cid:3)(cid:4)(cid:5)(cid:6)(cid:7)(cid:7)(cid:8)(cid:1)(cid:1)(cid:3)(cid:3)(cid:4)(cid:6)(cid:9)(cid:4)(cid:3)(cid:10)(cid:10)(cid:8)(cid:5)(cid:8)(cid:3)(cid:9)(cid:1)(cid:4)(cid:11)(cid:8)(cid:12)(cid:1)(cid:13)(cid:8)(cid:14)(cid:15)(cid:1)(cid:8)(cid:6)(cid:9) (cid:6)(cid:10)(cid:4)(cid:16)(cid:8)(cid:10)(cid:3)(cid:4)(cid:8)(cid:9)(cid:12)(cid:15)(cid:13)(cid:17)(cid:9)(cid
- MAS
- Forms and Templates
Last revised date:
- Form for exempt futures brokers and exempt over-the-counter (OTC) derivatives brokers to notify MAS of their commencement of business. This form must be submitted at least 14 days before the commencement of business. New corporations should submit Form 30 via https://go.gov.sg/noticeofcommencementofbusiness-form30 . SECURITIES AND FUTURES ACT 2001 SECURITIES AND FUTURES (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS FORM 30 NOTICE OF COMMENCEMENT OF BUSINESS LODGED PURSUANT TO PARAGRAPH
- MAS
- Speeches
Last revised date:
- Good afternoon, Mr A K Cher, President of the General Insurance Association, distinguished guests, ladies and gentlemen. It is my pleasure to be here at the GIA Annual Luncheon 2014. In the past few months since taking over as Executive Director of Insurance Department, I have had opportunity at times to look up books on insurance. While there is an abundance of books covering technical insurance issues that are required reading for any serious supervisor, I was also attracted to books detailing