Back to Listing

MAS Capital Markets Services License Firm for Sale

Singapore, Singapore
Contact M&A Advisor





    Compare Listings

    Receive a free, no obligation business valuation here X Dismiss

    MAS Capital Markets Services License Firm for Sale

    $4,000,000

    Description

    Key Singapore CMS Forex License Features and Benefits

    • Setting up a financial firm in Singapore, one of the World’s leading Financial Centre
    • Regulated by the Monetary Authority of Singapore (MAS) voted one of the best Central Bank in
    the World
    • Low Corporate Tax of 17%
    • No withholding tax on dividends and interest

    Details of this transaction

    1. The Firm was incorporated in 1999, licensed in late 2010s.
    2. Shares capital requirement is SGD2,000,000 (about USD1,500,000).
    3. Liquidity requirement as prescribed by MAS is SGD1,000,000 (about USD750,000)
    4. Capital Markets Services License include the following permissions:
    a. Dealing in Capital Markets Products
    i. Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign
    Exchange Trading;
    ii. Over-The-Counter Derivatives Contracts.
    5. The Firm also received Exempt Financial Adviser status and is allowed the following
    exception:
    a. Advising on Investment Products
    i. Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign
    Exchange Trading;
    ii. Spot Foreign Exchange Contracts other than for the Purposes of
    Leveraged Foreign Exchange Trading;
    iii. Over-The-Counter Derivatives Contracts.
    6. License Limitations:
    • Able to provide services to High Net Worth Individuals.
    • Able to provide services to Professional Clients/Institutions.
    7. 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).
    8. Possible to apply for upgrade to include servicing retail clients or additional permission to
    include Fund Management.
    9. Purchase price of the firm comes with the following:
    a. 1 x Operating Bank Account
    b. 1 x Clients’ Assets Holdings Bank Account
    c. 1 x Metaquotes MT5 license
    10. The Firm has a clean client record with no open or unresolved legal issues.
    11. The Firm does not have local directors or licensed representatives but Desfran is able to
    assist in the hiring process.
    12. Buyer have the choice of taking over current office location or seek new premise and Desfran
    is able to assist.

    Category: Banks & Other Financial Service

    Detail

    Updated on February 23, 2021 at 10:40 pm

    Property ID:L#20210002
    Property Type:Banks
    Property Status:For Sale
    Asking Price: $4,000,000
    Country:Singapore
    State: Singapore
    City: Singapore
    Contact M&A Advisor





      Schedule a Tour

      Your information

      Similar Properties

      $85,000,000

      This is a great opportunity to buy a bank for sale in the United States of America. Established Bank for sale in Arizona, United States of America. Charter: S Assets: $400,000,000 USD - $500,000,000 USD State: AZ, USA Note: ...

      $85,000,000
      TBD

      Banks

      Fr.375,000

      Electronic payment processing / money transfer. White label money transfer/cryptocurrency exchange platform Optional at additional cost via our Swiss partners - Fully customisable money transfer platform includes EU (IBAN) b ...

      Fr.375,000
      TBD

      Banks, Financial Services

      €450,000

      We have one turn-key, fully licensed Asset Management companies for sale The company is grandfathered from the new rules until 1 January 2023. We also have the following FINMA/SRO licensed companies for sale: Swiss Asse ...

      €450,000
      TBD

      Banks, Financial Services

      ₤390,000
      aaaa

      This firm must protect the money it holds and/or controls on behalf of customers. It cannot lend this money or use it to finance its own business.Specific requirements may  change this firm's ability to hold and/or control client ...

      ₤390,000
      TBD

      Banks

      €6,250,000
      Банковский бизнес в Европе (SEPA, Swift)

      Here is the opportunity to have 100% ownership of a newly opened bank. Basic requirements and the amount needed as a deposit for the application of the license are dependent on the current regulations of the European Union. Pleas ...

      €6,250,000
      TBD

      Banks

      $6,000,000

      This is a great opportunity to buy a bank for sale in the United States of America. Established Bank for sale in Minnesota, United States of America. Charter: S Assets: $40,000,000 USD - $50,000,000 USD State: MN, USA Note: ...

      $6,000,000
      TBD

      Banks


      No Review ( 0 out of 5 )

      Write a Review

      Login for Review

      PREVIOUS PROPERTY

      Swiss Italian Luxury Marina Yacht Business

      NEXT PROPERTY

      Electronic Money Institution (EMI) License for Sale in UK

      MergersCorp M&A
      International As seen on

      • brand 1
      • brand 1
      • brand 1
      • brand 1
      • brand 1
      Skype