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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- 38th Association of Banks in Singapore (ABS), Annual Dinner, Raffles City Convention Centre, Tuesday, 28 June 2011 “Bank Capital Adequacy and Institutional Structure – Singapore’s Approach” INTRODUCTION Chairman, ABS, Council members of ABS, Ladies and Gentlemen It is my pleasure to be here this evening. I was last here to deliver the keynote address in 2007, prior to the global financial crisis. 2 As economies now recover, especially in Asia, it is easy to forget how close the global financial
- MAS
- Circulars
Last revised date:
- This circular was issued following a series of thematic inspections carried out between 2014 and 2015 which covered licensed and exempt financial advisers, with regard to their AML/CFT practices, handling of customers’ moneys and assets, record keeping, and transactions with customers. It sets out common findings, and good practices observed during the inspections. 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225 5577 Facsimile: (65) 6229 9229 Circular No. CMI 05/2015 28 October
- MAS
- Media Releases
Last revised date:
- Singapore, 6 December 2020… The second edition of the Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH) kicks off tomorrow, providing an avenue for the global FinTech, innovation and business communities around the world to connect, collaborate and network. 2. Running from 7 to 11 December 2020, SFF x SWITCH 2020 will feature more than 600 sessions over five days, 1,400 speakers, more than 1,000 exhibitors, 27 international pavilions, and more than 60,000
- MAS
- Monographs/Information Papers
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- MAS and The Association of Banks in Singapore jointly issued a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic. The paper, “Risk Management and Operational Resilience in a Remote Working Environment” highlights possible risks to FIs in the areas of operations, technology and information security, fraud and staff misconduct, and legal and regulatory risks. It also examines the impact on people
- PDPC
- Public Consultations
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- ' ' ATMD Bird 8: Bird LLP ATMD 311' 1311' 2 Shenton Way #18-01 SGX Centre 1 Singapore 068804 Tel +65 6534 5266 Fax +65 6223 8762 twobirds.c0m 1 April 2013 BY EMAIL ONLY THE PERSONAL DATA PROTECTION COMMISSION Email: pdpc_consultation@pdpc.com.sg Dear Sirs PUBLIC CONSULTATION 0N PROPOSED REGULATIONS AND ADVISORY GUIDELINES 0N KEY CONCEPTS AND SELECTED TOPICS IN THE PDPA 1. ATMD Bird & Bird LLP is a law ?rm with a data protection practice. We are in a global association with Bird & Bird LLP
- MAS
- Speeches
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- Chairman, ABS Council Members of ABS Ladies and gentlemen 1 It is good to be here tonight. The ABS Dinner is an excellent opportunity for the Singapore financial services community to get together, catch up and look ahead. State of the Singapore Financial Sector 2 2006 has been a good year for Singapore. The financial services sector has done particularly well. All in, financial services grew 9.2% in 2006, outperforming Singapore’s overall GDP growth of 7.9%. This momentum has carried into
- MAS
- Speeches
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- As an example, Real Estate Investment Trusts (REITs) and business trusts have developed as a mainstream asset class over the last ten years in Singapore.
- MAS
- Speeches
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- 1 Mr Deputy Speaker, I beg to move, "That the Bill be now read a second time". Background 2 In a constantly changing environment, our legislation needs to be reviewed regularly to keep pace with changes. The Monetary Authority of Singapore (MAS) therefore reviews the Banking Act from time to time to ensure that the regulatory framework for banks continues to foster safety and soundness in Singapore’s banking system while making sure that requirements are not unduly burdensome. 3 In this round of
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 14 November 2019… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $11.2 million on UBS AG (UBS), for acts of its client advisors that contravened section 201(b) of the Securities and Futures Act (SFA). The client advisors had engaged in acts that deceived or were likely to deceive clients about the spreads and/or interbank prices for transactions in over-the-counter (OTC) bonds and structured products. The enforcement action followed UBS’ reporting of the misconduct
- MAS
- Media Releases
Last revised date:
- Singapore, 20 April 2020 …. The Monetary Authority of Singapore (MAS) has launched the MAS SGD Facility for ESG Loans The MAS SGD Facility for ESG Loans was first announced in MAS’ media release on 31 March 2020. (the Facility) in partnership with Enterprise Singapore (ESG), to lend Singapore Dollars (SGD) at an interest rate of 0.1% per annum to eligible financial institutions Banks and finance companies participating in the ESG Loan Schemes are eligible to tap the Facility. , to support their lending