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Knowledge Centre

Approved Exchange / Recognised Market Operator licence

Application process for an AE/RMO licence

  • According to MAS (Pages)

    Who Can Apply
    An AE or RMO licence is granted only to a corporation.

    How to Apply
    To apply for a licence, submit either Form 1A or Form 1B.

    Paying the Application Fee
    A non-refundable application fee of $4,000 is required. Please refer to payment instructions contained within the application form. 

    Processing Time
    It will take approximately 9 months to process and approve a RMO application where the applicant meets all relevant admission criteria, has a straightforward business model, and the submission is complete and clear. MAS will require a longer time for complex cases, or where the submission is assessed to be incomplete or inaccurate.

    Ensure that your application is complete, accurate, and accompanied by the requisite supporting documents.