Tag uk

UK SPI License in a nutshell

The process for applying for a Small Payment Institution (SPI) license is fairly straightforward, but it does require that businesses fulfill certain requirements. A completed application form along with the necessary supporting documentation must be submitted to the Financial Conduct…

Money Transfer License UK

Faisal Khan LLC - Money Transfer License UK.

How to Get a UK Money Transfer License If you want to provide payment services, such as money transfer, in the UK, you will need to obtain a license before you can operate. There are two primary licenses that a…

Scope of Legal Services for SEMI License UK

Faisal Khan LLC - Scope of Legal Services for SEMI License UK.

Most firms are concerned about the complexity of the SEMI Licensing Process. The truth is, that while it may be fairly complicated to obtain a SEMI License, with our support, you will have little to fret over. We can assure…

Main Requirements for SEMI License UK

Faisal Khan LLC - Main Requirements for SEMI License UK.

The main requirements that make an entity eligible to apply for a SEMI License are the following: Required Documentation To apply for an S-EMI License you must submit all the following required documents:

Licensing Process for SEMI License UK

Faisal Khan LLC - Licensing Process for SEMI License UK

Any business that wishes to operate as a Payment Institution and deal with E-Money must obtain a Small Electronic Money Institution (SEMI) License. With the SEMI License, you can not only enter the UK’s financial markets but also offer electronic…