API Compliance is a regulatory compliance consultancy for companies operating – or looking to operate – in the payments industry.

With many years of experience in the global payments market, we can handle all of your company’s needs, including:

• Small Payment Institution (SPI licence)
• Authorised Payment Institution (API licence)
• Upgrading your firm from SPI to API status
• Passporting your licence to other EU jurisdictions (API firms only)
• Providing banking introductions
• Business procedures analysis and development
• AML and regulatory audit, which is often required by banks and payment correspondents

Can API Compliance help with overseas applications?

We can also provide licencing support for:

• Ireland
• Malta
• Switzerland (Polyreg)
• Hong Kong

Our service

We charge on a flat-fee basis for all licences and will work closely with you to ensure your project specification is well-defined, with a clear time scale for key milestones and completion.  You can follow the progress of your projects online via our web portal.

All licencing quotes include unlimited follow-up with the regulator until your licence is granted.

If you would like to discuss your business’ options, including assessing your firm’s readiness for its licencing application please get in touch.

• Advice pre regulatory risk assessment or supervision visit
• Authorisation -FCA
• Client Assets
• Complaints Handling
• Compliance advice
• Compliance Support
• Compliance Training
• Contracting/Interim
• Documentation
• Due Diligence
• Enforcement Action - AML and Payment Services
• Expert Witness - AML and Payment Services
• File Review
• Governance
• Information Security/Data Protection (GDPR)
• Money Laundering/Financial Crime Advice and Reviews
• Passporting/International Compliance
• Payments Services Registration and Compliance
• Regulatory Capital/Solvency
• Regulatory Returns Assistance
• Regulatory Updates
• Risk Management

• Electronic Money Issuers
• Fintech / Regtech
• Money Service Businesses
• Payments Services Institutions
• System Providers
• Third Party Product Providers