Securing a license from MAS is crucial for many financial businesses to operate in the city-state. At Advomi, we provide comprehensive legal guidance to simplify and streamline the MAS licensing process.
Why MAS Licensing Matters:
The MAS, as Singapore’s central bank and financial regulatory authority, ensures that businesses adhere to strict standards that promote financial stability, transparency, and integrity. Obtaining a license from MAS not only legitimises your business operations but also boosts credibility and trust among clients and partners in a highly competitive market.
Advomi’s Expertise in MAS Licensing:
- Understanding Your Needs: We begin by understanding the nature of your financial service, and ascertaining which MAS license is the most appropriate for your operations.
- Comprehensive Documentation: Our panel of lawyers assists in preparing, reviewing, and submitting all necessary documents ensuring they are in line with MAS requirements.
- Continuous Communication with MAS: With Advomi, you will have sustained interaction with MAS throughout the application process, ensuring all queries are addressed and additional information is provided as required
- Risk Management: Advomi’s approach involves identifying potential challenges in your application and providing guidance to mitigate them, thus enhancing your prospects for successful license acquisition.
- Staying Updated: Regulatory landscapes evolve. Our panel of lawyers ensures you are kept abreast of any changes in MAS licensing criteria and aids in adapting your business model accordingly.
- Post-Licensing Support: Our services don’t conclude once the license is acquired. We offer continued legal support, ensuring compliance with MAS’s evolving regulatory standards.