A tier-1 digital-asset exchange seeking a Singapore MAS Major Payment Institution licence to operate legally in Singapore and passport into SEA markets.
CS — 001 · Crypto · VASP
Tier-1 exchange — Singapore MAS
Tier-1 exchange — Singapore MAS
MAS Major Payment Institution licence granted on first submission.
Case Overview
Challenge
A tier-1 digital-asset exchange seeking a Singapore MAS Major Payment Institution licence to operate legally in Singapore and passport into SEA markets.
Approach
Structured the application around MAS's Technology Risk Management (TRM) guidelines, appointed a full-time compliance officer pre-application, and aligned AML/CFT controls with MAS Notice PSN02 ahead of submission.
Outcome
MAS MPI licence granted on first submission with no requests for additional information from MAS. Client commenced live operations within two weeks of grant.
Key Deliverables
MAS MPI licence
AML/CFT policy suite
Technology Risk Management framework
Compliance officer job specification
Milestones
01 / 04
Pre-application advisory
Weeks 1–4
02 / 04
Document preparation
Weeks 5–18
03 / 04
MAS submission
Week 20
04 / 04
Licence granted
Month 11
Ready when you are
Tell us where
Tell us where
you want to
operate.
Forty-five minutes with a partner. Jurisdiction memo within seven days. No retainer required to start.
45 min
First call with a partner.
No retainer required.
No retainer required.
