T&S Asset Management

Lesson 3 of 5

Phased entry: restricted licences, caps and the path to full status

Many regulators let a new bank start small. For an entry phase it operates under caps on deposits or assets and lighter requirements, and it moves to full status only after it has shown that its model works. If it cannot, it may have to exit.

Published 13 October 2026 Members

In this lesson

  • Why start small
  • What the caps limit
  • Singapore: from restricted to full digital bank
  • Malaysia: a foundational phase with an asset limit
  • Reading a cap: how many customers it allows
  • Questions to ask about any entry phase