Licenced Fund Management Company (LFMC): Licence Application

When is my fund not considered to be "dealing in capital markets products" and exempted from adding it to my licence?


  • According to MAS (FAQs)
    last revised on 12 October 2021

    An FMC that deals in any capital markets products in a manner which is incidental to
    its conduct of fund management business is exempted from the need to add the activity of dealing in capital markets products to its CMS licence.