The Securities Commission Malaysia requires applicants to submit a comprehensive registration application to operate as a Recognized Market Operator. The process mandates detailed disclosures regarding the applicant's corporate structure, key personnel, and specific operational frameworks for general markets, equity crowdfunding platforms, or peer-to-peer financing platforms. Submissions must include supporting documentation, a RM5000 fee, and signatures from directors, with approval contingent upon meeting all regulatory standards rather than mere application completeness.