A company must hold a capital markets services (CMS) licence to conduct activities regulated under the Securities and Futures Act . Individuals representing CMS licensees or exempt financial institutions need to be appointed as representatives.
Companies which may be required to hold a CMS licence include broker-dealers, corporate finance advisers, credit rating agencies, real estate investment trust (REIT) managers, fund managers and securities-based crowdfunding (SCF) operators. You can click on each type of entity for more information on what they do, and the different licensing exemptions available for the different regulated activities.
Permissions:Dealing in Capital Markets Products, i.Spot Foreign Exchange Contracts for the, Purposes of Leveraged Foreign Exchange, Trading;
1. The Firm is attractive to buyers who wants to be a Liquidity Provider servicing the B2B markets or provide FX brokerage services to accredited and high net worth investors (less retail clients).
2. Possible to apply for upgrade to include servicing retail clients or additional permission to include Fund Management.
3. Buyer have the choice of taking over current office location or seek new premise.
Singapore’s success as an international financial center is premised on its robust supervisory framework and pro-business environment. Supplemented by an extremely attractive tax environment for budding businesses, Singapore’s ...
Major payment institutions are licensed and regulated under the Payment Services Act ("PS Act") to provide payment services without being subject to the specified thresholds.
The thresholds are set out in section 6(5) of the PS ...
Description of the license – dealing in investments as principal
Customer Type: Eligible Counterparty, Professional, Retail (Investment)
Investment Type
Certificates representing certain security
Commodity Future
...