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      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.

      KPMG has successfully assisted a number of financial institutions domiciled in various jurisdictions in their license applications, including Europe, Japan and the Middle East.

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      Our Advisory professionals work with the world’s leading organisations to create and protect sustainable business value.

      KPMG firms’ professionals are working with organisations that are already considering how to have the upper hand when recovery comes.

      KPMG’s integrated team of specialists works at deal speed to help you find and drive value throughout your transformation and transaction lifecycle.

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      Our people

      Grace Tan

      Partner, Financial Services Consulting

      KPMG in Singapore


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      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.