Financial business licensing
Financial and investment licensing coordination
Coordinate financial licensing assessment for payment, investment and fund projects with BDA, from the business model to specialist-led application work.
Before preparing a licence application, the planned activity needs to be classified correctly. BDA coordinates the work between founders and relevant regulatory, legal and operational specialists so the project can be assessed as a whole.
Who this is for
Founders planning payment or electronic-money services, investment businesses, brokerage, asset management or fund projects. This page concerns the coordination of a regulatory project, not the provision of financial services or licensed legal advice by BDA.
What BDA coordinates
- EMI licences
- PI licences
- Banking licences
- Currency exchange
- Forex
- Broker-dealer
- Investment adviser
- Asset manager
- Investment-fund licences
Typical project stages
- 01
Define the activity
Describe products, customers, fund flows and target markets so specialists can assess the relevant regulatory questions.
- 02
Assess project readiness
Coordinate review of the proposed jurisdiction, ownership, management, financial resources and operational capabilities.
- 03
Organise the workstreams
Align preparation of the business case, documents, policies and specialist-led application steps; track requests and responsibilities.
Information for an initial assessment
- Detailed products and intended customer types
- Target countries and distribution model
- Owners and proposed management
- Funding plan and operational resources
- Current systems, policies and existing permissions
Jurisdiction context
These are comparison examples only. No licence category, capital requirement, market-access right or current availability is asserted. A qualified specialist must verify the applicable framework for the specific activity and jurisdiction.
Practical questions
Which licence does the business need?
That depends on what the business actually does, where it operates and whom it serves. A service name alone is not enough to determine the required authorisation. Specialist classification comes first.
Can the application begin before the operating model is ready?
An early readiness assessment can identify gaps. The project should clarify who will manage operations, what systems and controls are planned and which evidence can support the application.
Does a licence automatically cover other countries?
Do not assume cross-border rights. The scope of an authorisation and access to other markets require a current specialist review before the business relies on them.
One point of coordination. Specialist-led work.
Discuss your project
Start with a short, non-sensitive outline. There is no mandatory form. Please do not send identity documents or banking credentials in the first message.