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Knowledge Centre

Approved Exchange / Recognised Market Operator licence

What are the admission criteria for an Approved Exchange/Recognised Market Operator licence?

  • According to MAS (Pages)
    last revised on 11 Oct 2021

    "When assessing an application for an AE or RMO licence, MAS takes into account factors such as:

    • Market structure and operations in accordance to international standards and best practises.
    • Track record, management expertise and financial soundness of the applicant.
    • Ability to meet the minimum financial requirements prescribed under the SFA.
    • Strength of risk management and accompanying internal controls and systems.
    • Business plans and projections.
    • Corporate governance, fitness and propriety."