R1 License Singapore [cracked] May 2026

But what exactly is the R1 License, who needs it, and how do you survive the rigorous application process? Let’s break it down. Under the Securities and Futures Act (SFA), the R1 License refers to the Capital Markets Services License (CMSL) for Fund Management .

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. r1 license singapore

However, do not DIY this. Budget in legal and compliance fees for the setup. Hire a specialist law firm (WongPartnership, Allen & Gledhill, or a boutique like Gateway Law). But what exactly is the R1 License, who