FCA compliance & business support
in Richdale’s safe hands!

LinkedInConnect with us phone+44 (0)20 7781 8019
Get in touch for a free consultation

Case Study: Authorised Payment Institution (API)

Finance and Currency Limited


When an Authorised Payment Institution (API) was seeking to set up a storefront sister company trading in foreign exchange, it meant an entirely separate payment services application to the FCA, in conjunction with training the principal firm on the more fine regulations in the Revised Payment Services Directive (PSD2) concerning foreign exchange payment services.


Ultimately, with our full suite of bespoke compliance consulting and monitoring, we were able to help the foreign exchange firm register with the FCA as a Small Payment Institution (SPI) with the necessary permissions.

Copyright © 2024 Richdale Consultants Ltd. All Rights Reserved.