You need at least two full-time directors with at least 5 years of relevant experience in fund management. Crucially, at least one of these directors must be a CEO/Executive Director based in Singapore.
Your fund managers must be Singapore-based. Remote management from New York or London while holding a Singapore license is not allowed. r1 license singapore
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. You need at least two full-time directors with