R1 License Singapore -

MAS wants to see your playbook. How do you value assets? How do you handle conflict of interest (e.g., side pockets)? How do you prevent money laundering? You need a robust Compliance Officer (often outsourced to a boutique firm initially). The Application Timeline (The Hard Part) Don't believe anyone who says you can get an R1 in 2 weeks. The standard timeline is 4 to 6 months from submission to approval.

You need at least two full-time directors with at least 5 years of relevant experience in fund management. Crucially, at least one of these directors must be a CEO/Executive Director based in Singapore. r1 license singapore

You must maintain at least S$250,000 in financial base capital at all times. This is not a "use it for rent" fund; this is risk capital held in the company. MAS wants to see your playbook

Singapore has solidified its status as a global asset management hub, housing over $4 trillion in assets under management (AUM). For any firm looking to manage investor funds from this financial powerhouse, the Monetary Authority of Singapore (MAS) requires a license. If you are starting small or managing only sophisticated investors, the R1 License (CMSL for Fund Management) is likely your entry ticket. How do you prevent money laundering

Navigating the R1 License in Singapore: A Blueprint for Fund Managers