Overview
Before launching a financial product, entering a new market or raising capital, a business needs a clear view of which regulated activities it performs, which permissions it needs, and what the alternatives are. A regulatory assessment provides that view in a form that management, investors and banking partners can use.
What the work covers
- Description of the business model and flows of funds, data and assets
- Identification of potentially regulated activities (payments, e-money, crypto-asset services, investment services, lending and others)
- Applicable regimes in the target jurisdictions, including MiCA in the EU where relevant
- Available routes: own authorisation, partnership with a licensed institution, exemptions, or changes to the product
- AML/KYC obligations and their operational consequences
- Key requirements and timelines for the preferred route
How the work is organised
- Discovery — product walkthrough and review of existing documents.
- Analysis — activity-by-activity mapping, with local counsel where the analysis depends on local law.
- Options — routes compared by timeline, cost and operational burden.
- Report and discussion — findings presented to management and, if helpful, to investors.
What you receive
- A written regulatory assessment
- An activities-and-permissions matrix
- A comparison of available routes
- Recommended next steps, including for compliance framework design
Good to know
A regulatory assessment reflects the law and the product as they stand at the date of the assessment. Decisions on authorisation are made by competent authorities and cannot be guaranteed.