Obtaining a license to operate a business in the financial services industry can be a complex and time-consuming process. One way to expedite this process and get your business up and running more quickly is to consider renting or leasing…
Ever wondered what is the difference between an Authorized Delegate to an Electronic Money Distributor, or a Registered Agent? The table below outlines the differences between the three classifications. Please note this table is valid for the European EMI licensing…
A registered agent in the non-banking financial institution world is a person or organization that has been designated to receive legal documents and other official communications on behalf of the financial institution. The registered agent may be responsible for forwarding…
An authorized delegate is a person or entity that has been appointed by a money services business (MSB) to act on its behalf in certain capacities. This can include conducting transactions, managing accounts, and representing the MSB in its interactions…
People often ask, why they should not start by owning their own money transmitter licenses. The answer is not so simple. It depends on so many factors. Are you a startup? Do you have adequate funding and resources? Obtaining your…