With our deep understanding of regulatory requirements, regulator’s expectations and the end-to-end licensing process, we assist clients in their Banking and Capital Markets License application to the Monetary Authority of Singapore (MAS).
Our services include:
- conducting workshops with senior executives to identify the strategies, core products and service offerings, and target customer segments for the planned Singapore operations;
- evaluating the reasonableness of the business plan for the proposed Singapore operations (such as target growth rates);
- reviewing the license application documents and providing recommendations on areas for improvement;
- providing post-submission advisory support in responding to MAS’ queries in relation to the license application documents; and
- developing manuals, policies and procedures for the planned Singapore operations.