UK Banking License Applications from Compliancy Services
Applying for a UK banking license is a complex process. You will need to complete a comprehensive set of application forms and provide the regulator (the Financial Services Authority) with a full set of supporting documents such as your business plan, risk management policy statements, compliance manuals and procedures and other information.
You will need to show the regulator that you have a clear and workable business plan. You will need to evaluate your capital requirements and to demonstrate that sufficient capital is in place.
Applying for a banking license is officially known as a “Complex Application”. and is unlike the vast majority of Financial Services License applications. It requires fully experienced advisers to manage the process.
Our Consultants have successfully carried out 15 Banking License Applications. We can provide full guidance from early stage planning right the way through to a successful and fully implemented project.
The first step is to meet and discuss your project at a high level. We can offer early advice on your progress and the steps you should be taking now before carrying out a full project appraisal and taking your application forward.
