Approved Exchange / Recognised Market Operator licence

How long is an AE/RMO licence valid for?

According to MAS (Pages)

Validity of the Licence
An AE or RMO licence does not need to be renewed.

The licence is valid until:

  • The holder applies for cancellation of the licence.
  • The licence is revoked by MAS in accordance with section 14 of the SFA.