{"id":4869,"date":"2021-10-12T09:09:08","date_gmt":"2021-10-12T09:09:08","guid":{"rendered":"https:\/\/faisalkhan.com\/2021\/10\/12\/what-is-the-difference-between-an-agent-and-non-agent-of-an-emi-in-europe-uk\/"},"modified":"2023-01-16T12:50:11","modified_gmt":"2023-01-16T09:50:11","slug":"what-is-the-difference-between-an-agent-and-non-agent-of-an-emi-in-europe-uk","status":"publish","type":"post","link":"https:\/\/faisalkhan.com\/2021\/10\/12\/what-is-the-difference-between-an-agent-and-non-agent-of-an-emi-in-europe-uk\/","title":{"rendered":"What is the difference between an agent and non-agent of an EMI in Europe\/UK?"},"content":{"rendered":"\n

There are a couple of differences between an agent and a non-agent in the European EMI licensing regime.<\/p>\n\n\n\n

A non-agent for starters is commonly referred to as an operator-led model. Where the operator of the license is handling all the facets of custody of funds, compliance, reporting, etc. The non-agent is essentially responsible for marketing & sales, including the first level of customer support.<\/p>\n\n\n\n

For an Agent led model, there are essentially two: <\/p>\n\n\n\n

  1. EMD – Electronic Money Distributor, and<\/li>
  2. RA – Registered Agent<\/li><\/ol>\n\n\n\n

    You can see a detailed comparison I did on this earlier on at: https:\/\/faisalkhan.com\/delegate-status-comparison-table\/<\/a><\/p>\n\n\n\n

    The main difference between the two is that an EMD can only resell the services that the principal EMI is offering, whilst an RA can create new products\/services that the RA can sell, with the approval of the principal EMI.<\/p>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    There are a couple of differences between an agent and a non-agent in the European EMI licensing regime. A non-agent for starters is commonly referred to as an operator-led model. Where the operator of the license is handling all the facets of custody of funds, compliance, reporting, etc. The non-agent is essentially responsible for marketing […]<\/p>\n","protected":false},"author":1,"featured_media":4870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[2556],"tags":[],"blocksy_meta":[],"featured_image_urls":{"full":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-150x150.jpeg",150,150,true],"medium":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-300x169.jpeg",300,169,true],"medium_large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-768x432.jpeg",768,432,true],"large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-1024x576.jpeg",1024,576,true],"1536x1536":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"2048x2048":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"gb-block-post-grid-landscape":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-600x400.jpeg",600,400,true],"gb-block-post-grid-square":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-600x600.jpeg",600,600,true],"yarpp-thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",120,68,false]},"post_excerpt_stackable":"

    There are a couple of differences between an agent and a non-agent in the European EMI licensing regime. A non-agent for starters is commonly referred to as an operator-led model. Where the operator of the license is handling all the facets of custody of funds, compliance, reporting, etc. The non-agent is essentially responsible for marketing & sales, including the first level of customer support. For an Agent led model, there are essentially two:  EMD – Electronic Money Distributor, andRA – Registered Agent You can see a detailed comparison I did on this earlier on at: https:\/\/faisalkhan.com\/delegate-status-comparison-table\/ The main difference between…<\/p>\n","category_list":"blog<\/a>","author_info":{"display_name":"Faisal Khan","author_link":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-150x150.jpeg",150,150,true],"medium":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-300x169.jpeg",300,169,true],"medium_large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-768x432.jpeg",768,432,true],"large":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-1024x576.jpeg",1024,576,true],"1536x1536":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"2048x2048":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",1280,720,false],"gb-block-post-grid-landscape":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-600x400.jpeg",600,400,true],"gb-block-post-grid-square":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance-600x600.jpeg",600,600,true],"yarpp-thumbnail":["https:\/\/faisalkhan.com\/wp-content\/uploads\/2021\/10\/Faisal-Khan-LLC-Banking-Payments-Cryptocurrency-Fintech-Blockchain-Compliance.jpeg",120,68,false]},"post_excerpt_stackable_v2":"

    There are a couple of differences between an agent and a non-agent in the European EMI licensing regime. A non-agent for starters is commonly referred to as an operator-led model. Where the operator of the license is handling all the facets of custody of funds, compliance, reporting, etc. The non-agent is essentially responsible for marketing & sales, including the first level of customer support. For an Agent led model, there are essentially two:  EMD – Electronic Money Distributor, andRA – Registered Agent You can see a detailed comparison I did on this earlier on at: https:\/\/faisalkhan.com\/delegate-status-comparison-table\/ The main difference between…<\/p>\n","category_list_v2":"blog<\/a>","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\nWhat is the difference between an agent and non-agent of an EMI in Europe\/UK? - Faisal Khan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/faisalkhan.com\/2021\/10\/12\/what-is-the-difference-between-an-agent-and-non-agent-of-an-emi-in-europe-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the difference between an agent and non-agent of an EMI in Europe\/UK?\" \/>\n<meta property=\"og:description\" content=\"There are a couple of differences between an agent and a non-agent in the European EMI licensing regime. 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A non-agent for starters is commonly referred to as an operator-led model. Where the operator of the license is handling all the facets of custody of funds, compliance, reporting, etc. The non-agent is essentially responsible for marketing…","_links":{"self":[{"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/posts\/4869"}],"collection":[{"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/comments?post=4869"}],"version-history":[{"count":0,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/posts\/4869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/media\/4870"}],"wp:attachment":[{"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/media?parent=4869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/categories?post=4869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/faisalkhan.com\/wp-json\/wp\/v2\/tags?post=4869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}