R1 License Singapore __full__ | Authentic · COLLECTION |

You must maintain at least S$250,000 in financial base capital at all times. This is not a "use it for rent" fund; this is risk capital held in the company.

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. r1 license singapore

Your fund managers must be Singapore-based. Remote management from New York or London while holding a Singapore license is not allowed. You must maintain at least S$250,000 in financial

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). For any firm looking to manage investor funds

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 .

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.