Open Banking.
Whether developing new services or refining existing offerings, we help open banking firms understand their regulatory position and meet FCA requirements with clarity and confidence.
UNDERSTAND HOW YOUR INNOVATIVE BUSINESS FITS WITH THE REGULATORY PARAMETER
Open banking often pushes the boundaries of existing regulations, making it challenging to determine whether activities fall within the FCA’s perimeter and how requirements apply. We work with you to assess your business model, apply relevant exemptions under the Regulatory Technical Standards (RTS), and ensure your controls meet regulatory expectations. Our experience spans from small payment institutions to banks, enabling us to shape proportionate, commercially viable compliance frameworks that support your growth plans.
We support firms at every stage from initial regulatory opinions through to FCA authorisation or registration. This includes preparing applications as a Payment Initiation Service Provider (PISP) or Account Information Service Provider (AISP), supporting variations of permission, guiding firms through the FCA Sandbox, and assisting EEA-based firms with Brexit and TPR requirements. We also manage change in control notifications, help structure compliant agent and distributor networks, and provide ongoing regulatory advice. With experience from over 1,500 successful FCA applications and first-hand involvement in shaping industry standards, we offer practical, informed guidance so you can innovate and expand with confidence.
