Business Issue
An authorised e-money business sought to expand its product offering beyond deliverable FX to include option products. This extension required regulatory approval and careful planning to ensure the business model and internal arrangements met FCA expectations.
Solution
fscom was engaged to support the firm through the authorisation process. We led a series of workshops with the client to clarify and agree the intra-group resource model—an essential step before drafting the application. Our team then project managed the entire authorisation process, ensuring all necessary documentation and governance elements were in place.
Benefits
The client received expert guidance at every stage of the authorisation journey, from initial planning through to submission. Our structured approach ensured regulatory requirements were fully addressed, resulting in a smooth and efficient process.
Client
Feedback
The client was pleased with the collaborative and hands-on approach fscom provided. They felt supported throughout and were confident in the quality of the application, which led to a successful and timely FCA approval.
