Doo Capital Market SG Pte. Ltd. (DCM), a subsidiary under
Doo Financial, has recently received approval for a Capital Markets Services
(CMS) license from the Monetary Authority of Singapore (MAS), marking a
significant milestone in its operations.
Doo Financial has been expanding its presence in the
Singaporean market, and the acquisition of the CMS license has solidified its
foothold. With this license, DCM is now authorized to engage in activities such
as dealing in capital markets products, product financing, and providing
custodial services. Additionally, DCM holds a license that allows it to offer
financial advisory services such as advising on investment products and issuing
or promulgating analyses/reports on investment products.
The granting of the CMS license to DCM. Ltd. followed a
rigorous vetting process by MAS.
This recognition opens avenues for DCM to offer enhanced professional services,
thereby creating new investment opportunities.
📣 We are delighted to announce that Doo Capital Market SG Pte. Ltd., an entity under Doo Financial, has officially been granted with a Capital Markets Services (CMS) license from Monetary Authority of Singapore (MAS).
📷 Check out the article @ https://t.co/9hT79PAAOB pic.twitter.com/69hP64FARD
— Doo Financial (@DooFinancial) March 22, 2024
Doo Group’s Digital Solutions for Global Growth
Under the authorization of the license, DCM is permitted to
provide a range of services, including dealing in capital markets products,
product financing, providing custodial services, advising on investment
products, and issuing or promulgating analyses/reports on investment products.
It’s important to note that these services are limited exclusively to
securities and exchange-traded derivatives contracts.
Doo
Group has expanded into the Middle East by establishing an office in Dubai,
UAE, as reported by Finance Magnates.
With existing operations in various countries including the US, UK, Cyprus, and
more, the group aims to enhance its global footprint. While holding operational
licenses in many jurisdictions, it awaits approval from Dubai authorities. The
company emphasizes its commitment to providing innovative digital solutions to
improve operations, customer experiences, and foster sustainable growth in the
digital era.
Doo Capital Market SG Pte. Ltd. (DCM), a subsidiary under
Doo Financial, has recently received approval for a Capital Markets Services
(CMS) license from the Monetary Authority of Singapore (MAS), marking a
significant milestone in its operations.
Doo Financial has been expanding its presence in the
Singaporean market, and the acquisition of the CMS license has solidified its
foothold. With this license, DCM is now authorized to engage in activities such
as dealing in capital markets products, product financing, and providing
custodial services. Additionally, DCM holds a license that allows it to offer
financial advisory services such as advising on investment products and issuing
or promulgating analyses/reports on investment products.
The granting of the CMS license to DCM. Ltd. followed a
rigorous vetting process by MAS.
This recognition opens avenues for DCM to offer enhanced professional services,
thereby creating new investment opportunities.
📣 We are delighted to announce that Doo Capital Market SG Pte. Ltd., an entity under Doo Financial, has officially been granted with a Capital Markets Services (CMS) license from Monetary Authority of Singapore (MAS).
📷 Check out the article @ https://t.co/9hT79PAAOB pic.twitter.com/69hP64FARD
— Doo Financial (@DooFinancial) March 22, 2024
Doo Group’s Digital Solutions for Global Growth
Under the authorization of the license, DCM is permitted to
provide a range of services, including dealing in capital markets products,
product financing, providing custodial services, advising on investment
products, and issuing or promulgating analyses/reports on investment products.
It’s important to note that these services are limited exclusively to
securities and exchange-traded derivatives contracts.
Doo
Group has expanded into the Middle East by establishing an office in Dubai,
UAE, as reported by Finance Magnates.
With existing operations in various countries including the US, UK, Cyprus, and
more, the group aims to enhance its global footprint. While holding operational
licenses in many jurisdictions, it awaits approval from Dubai authorities. The
company emphasizes its commitment to providing innovative digital solutions to
improve operations, customer experiences, and foster sustainable growth in the
digital era.
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- Source: https://www.financemagnates.com//forex/doo-financials-subsidiary-dcm-secures-cms-license-from-mas/