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, 21 April 2020...In response to media reports, Enterprise Singapore (ESG), the Maritime and Port Authority of Singapore (MPA) and the Monetary Authority of Singapore (MAS) confirmed that the agencies are closely monitoring developments related to Hin Leong Trading Pte Ltd and the broader oil trading and bunkering sectors. 2.     ESG assessed that Singapore’s oil trading sector remains resilient notwithstanding the challenges posed by the drop in global demand for energy. The sector is sufficiently
    • MAS
    • Speeches

    Last revised date:

    •   Good afternoon, Mrs Kathryn Shih, Mrs Christine Ong, Ladies and gentlemen. I am delighted to be here at the soft launch of the UBS Wealth Management Campus - Asia Pacific. Building Wealth Management Talent For Asia 2   UBS is a major global player in wealth management, and is well-positioned in Singapore and the region to tap Asia's unprecedented wealth creation. The economies in Asia, all within the same time zone as Singapore's, and a short flight away, are all growing strongly. Millions of
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 12 November 2018… The Monetary Authority of Singapore (MAS) has released a set of principles to promote fairness, ethics, accountability and transparency (FEAT) in the use of artificial intelligence (AI) and data analytics in finance. 2 Known as the FEAT Principles, the document provides guidance to firms offering financial products and services on the responsible use of AI and data analytics, to strengthen internal governance around data management and use. This will foster greater confidence
    • MAS
    • Speeches

    Last revised date:

    • 1. Good afternoon. It is my pleasure to join everyone virtually at the Stewardship Asia Roundtable 2022. 2. As Robert Swan, the lauded environmentalist and adventurer said: “The greatest threat to our planet, is the belief that someone else will save it.” Ladies and gentlemen, there is no “someone else”. There is here today, you and I, who have to work together on Creating a Collective Better Future . 3. This year’s Roundtable theme is a timely one, given how the past two years have brought to the
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Tipros for failing to use or disclose personal data about an individual only for purposes that a reasonable person would consider appropriate. Click here for more information PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 7 Case No. DP-2207-C0019 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tipros DECISION Organisation Page 1 of 8 -------- Tipros Yeong Zee Kin, Deputy Commissioner Case
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Tipros for failing to use or disclose personal data about an individual only for purposes that a reasonable person would consider appropriate. Click here for more information PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 7 Case No. DP-2207-C0019 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tipros DECISION Organisation Page 1 of 8 -------- Tipros Yeong Zee Kin, Deputy Commissioner Case
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Tipros for failing to use or disclose personal data about an individual only for purposes that a reasonable person would consider appropriate. Click here for more information PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 7 Case No. DP-2207-C0019 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tipros DECISION Organisation Page 1 of 8 -------- Tipros Yeong Zee Kin, Deputy Commissioner Case
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Tipros for failing to use or disclose personal data about an individual only for purposes that a reasonable person would consider appropriate. Click here for more information PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 7 Case No. DP-2207-C0019 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tipros DECISION Organisation Page 1 of 8 -------- Tipros Yeong Zee Kin, Deputy Commissioner Case
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Tipros for failing to use or disclose personal data about an individual only for purposes that a reasonable person would consider appropriate. Click here for more information PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 7 Case No. DP-2207-C0019 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Tipros DECISION Organisation Page 1 of 8 -------- Tipros Yeong Zee Kin, Deputy Commissioner Case
    • MAS
    • Consultations

    Last revised date:

    • Proposed revisions to streamline the exemption framework which allows foreign related corporations of financial institutions in Singapore to provide cross-border services to customers in Singapore without having to hold a licence. Response VIEW DOCUMENT Response to Consultation on Proposed Revisions to FRC Framework (784.3 KB) Annexes to the Response to Feedback Received on Proposed Revisions to FRC Framework (928.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Revisions to