R1 License Singapore Access

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.

Navigating the R1 License in Singapore: A Blueprint for Fund Managers r1 license singapore

The R1 is not for the faint of heart, but for serious asset managers, it is the only professional way to play in Asia’s wealthiest sandbox. Disclaimer: This post is for informational purposes only and does not constitute legal advice. You should consult a licensed law firm in Singapore regarding your specific fund structure. You need at least two full-time directors with

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 . Disclaimer: This post is for informational purposes only

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).

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.

Your fund managers must be Singapore-based. Remote management from New York or London while holding a Singapore license is not allowed.