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.