wholesale wood jewelry beads What is the British FCA license? What types are there?

wholesale children's jewelry Three types of FCA financial regulatory licenses
The first type: EU license. According to the current regulatory law of the European Union, other countries should be recognized by any regulation obtained in a certain EU country. Financial regulatory licenses such as Germany, Italy and France are the weakest. In fact, these companies are not regulated by the FCA. Usually the EU license will display "EEA" on the STATUS column of the FCA regulatory information website, and there is no FSCS compensation instructions. This is a typical license for "Unable to Hold Client Money".
If's small countries such as Cyprus registered foreign exchange dealers' licenses in the UK FCA will show this. Their licenses in the UK can actually allow them to accept British residents to open an account and introduce customers to their headquarters. Foreign exchange dealers supervised by FCA.

fxpro (EEA)
The second type: Basic License. It is in line with British supervision, but there is no office or branch in the UK. Most of them are sent to some white labels. The white label of a large broker will also be just a license, because the cost of the license plate of Able to Hold Client Money is very high, which is not necessary for the white label. This and the first one is usually Unable to Hold Client Money, that is, there is no qualification to hold customer funds. Basic License's license clearly mentioned that FSCS compensation cannot be obtained in the regulatory information of FCA.
BMFN (Basic License)
The third type: Full License. It must be reviewed by FCA and set up a physical office in the UK. Most of them are Able to Hold Client Money, that is, they are qualified to hold customer funds. Companies with "Able to Hold Client Money" need to pay more than 2 million pounds of margin, which means that financial companies can hold and keep customers' funds. For foreign exchange traders Only the protection of the financial service compensation plan (FSCS).

buy wholesale jewelry display boxes The British FCA has always been a benchmark for financial supervision. The strategic goal of FCA is to ensure that the relevant market operates well. The operating goals are:
protecting consumers -providing consumers with appropriate protection
protect the financial market - —The integrity of protecting and strengthening the British financial system
The promotion of competition -promoting effective competition for consumers' interests

( -) Investment type of company activities; of which FINTECH's services involve regulatory financial instruments, such as symbolic securities

1. Assets or symbolic products. It can arrange 'two transactions to conduct transactions but cannot represent customers' execution transactions, or conduct more complicated activities. Capital requirements are generally 50,000 pounds, or 5,000 pounds PI insurance

2. Executing Broker; assuming that a typical business model costs, the agent usually holds the customer's money on the agent's own account, and the transaction for them may also include the matchmaker. The minimum request for the "type of self -processing" this type is 125,000 pounds or 25%

3 of the annual fixed cost. Or Digital securities are classified as a type of financial assets. The minimum requirements for capital are 125,000 pounds or 25%

4. , Manage its investment portfolio or part of it-may include digital asset portfolios, including some asset portfolio classified as financial instruments, and funds with some experienced investment managers invest in digital assets. Do not hold customer funds in your account or maintain customer assets or transactions at your own account
The minimum requirements for capital are 50,000 pounds, up to 25%of the project funds City merchants / multilateral transactions (MAKER / Trading) company can handle it by itself or do a market transaction for other markets to operate multilaterally, or organize transaction facilities, such as exchanges and traditional trading platforms mainly securities and digital assets. The minimum request for the type of license to the capital is 730,000 pounds or the sum of credit, market and business risk capital requirements. Payment related to legal currency, or holding a legal currency in an account that is not a bank account (electronic currency))
1. Obtain mainstream payment services such as transactions. For customers can use password assets to pay merchants or transfer legal currencies through password assets. Capital requirements are 20,000-125,000 pounds, depending on the business model
2. Small payment institutions (SPI) can provide API with API The same payment service scope, but the average monthly payment is limited to 3 million €, and it is impossible to provide services. In addition, the requirements for ensuring customer funds are optional non -capital requirements
3. ) You can aggregate client account information from different bank accounts in a single application. Summary information can be used for negotiating purposes, or for example, providing consultation opinions on other funds without registered capital requirements.
4. Payment startup service service The provider (PISP) ​​can initiate payment directly from the customer's account in the third -party financial institution, instead of using a third -party payment tool, such as debit or credit card. Registered capital requires £ 50,000
5. The funds of authorized electronic and currency institutions (EMI) customers always hold third -party banks to be relatively complicated. Currency, then may be used for different purposes-for example. Digital assets that are not controlled by transactions can issue stable tokens to linked to legal currencies, and have 1: 1 support, and promote payment services by executing transactions with these token. EMI's license is being used, providing a variety of business models with power registered capital requirements 350,000 euros
6. Small electronic currency institutions (SEMI): You can provide the same scope of payment services exceeding EMI, but the highest is not the highest failure, but the highest is not the highest. The electronic currency paid is 5 million euros, and services are not allowed. The protection requirements are still applicable to registered capital, with a total daily wallet of up to 500,000 euros, and then accounting for 2 %

(3) credit company; Arrange Consumer Credit Credit of a third -party loan

1. Credit broker: Arrange consumer borrowing third -party lenders. The view of the FCA will depend on the type of loan .. Agent, evaluate the fragility of customers, and the goals of the market sector. There is no requirement for registered capital, the application fee depends on turnover
2. Credit lender: providing customers with different types of loans to credit loans to borrowers to bring different degrees of credit risk and risk FCA. Responsibility, customer fragility assessment, the purpose of loan, reputation evaluation, charging rate, market sector goals, etc.
The registered capital is not required, and the application fee depends on the turnover.
3. Active loan platform: The activity scope platform matches the borrower and the third -party lender who wants the loan to loan the platform has a specific set of
Pound, but it may be much higher when the platform starts to operate, because there are a large amount of capital required for capital

(4) Bank business: accept customer deposits to their own balance sheets, for their own for their own Loans or investment activities provide funds
The business models of banks are different. Its core business is to include deposits into its own asset liability statement -from private banks to payment
Please note that the word "bank" is regulated by the UK, but it is still widely abused. If you want to open a bank, please adopt the suggestion that the registered bank registered capital registered capital is required to minimize 5 million pounds. This is much higher than it is much higher than it

sterling silver jewelry making supplies wholesale If you are a financial technology industry, you are considering applying for a British financial service license, then this article introduced the British FCA license will help you understand which areas and authority of FCA and which areas and permissions. The article can be seen according to your needs.
: Investment company, if FINTECH's service is related to the prescribed financial instruments, such as tokens.
1. Investment consultant: apply for capital 50,000 euros or € 5K PI insurance.
2. Executive broker: Apply for 125K euros of capital or 25 % annual fixed costs.
3. Keeping person: Applying for capital 125K euros or 25 % annual fixed costs.
4. Investment manager: Apply for capital 50,000 euros or 25 % annual fixed costs.
5. Doing market/multilateral trade facilities: Apply for 730,000 euros or reputation market and operating risk capital requirements. Scope of application: The company can trade or do a market transaction facilities with a multilateral or organized transaction facilities for other markets, such as exchanges and traditional trading platform securities and digital assets.
: Payment facilities, FINTECH's service involves all payment related to the customer's Fiat, not the balance in the bank account or the legal currency (electronic currency).
1. Authorized institution (API): Applying capital from € 20K to € 125K depends on the business model.
This scope: The scope of business model may include helping customers transfer funds; obtaining transactions and other mainstream payment services enable customers to use cryptocurrency or transfer legal currency assets through cryptocurrencies.
2. Small payment institution (SPI): Apply for capital 0.
This scope: You can provide the same range of payment services as the API, but the average monthly payment quantity is limited to 3 million euros, and passport services cannot be provided. In addition, the requirements for maintaining customer funds are optional.
3. The account information service provider (RAISP) of the book: Apply for Capital 0.
This scope: You can summarize the account information of customers from the following aspects: different bank accounts in a single application; the summary information can be used for consultation purposes, or suggestions for other funds.
4. Payment service direct provider (PISP): Applying for capital 50,000 euros.
This scope: You can start paying directly from the account held by customers in third -party financial institutions instead of using third -party payment tools such as debit cards or credit cards.
5. Authorized Electronic and Monetary Institutions (EMI): The minimum of € 350K for the application capital.
This scope: Customers' funds are always held by third-party banks and can provide "similar banks" account service; electronic wallets holding legal currencies may be used for different purposes-such as transactions are not subject to being subject to being subject to being subject to being subject to Digital assets for supervision; stable tokens that can be issued to the legal currency have 1: 1 support and convenient payment to provide services through the execution of transactions.
At present, the EMI license has been widely used.
6. Small electronic currency agency (SEMI).
This scope: You can provide payment services of the same scope. Compared with EMI, the electronic currency is 5 million euros. The service pass is not allowed and the maintenance costs are available later.
: Credit companies directly provide consumers who provide credit or allocate credit leases for third parties.
1. Credit brokers 2. Credit lenders
3. Point -to -point borrowing platform category: The minimum capital of £ 50,000, but it may be 50,000 higher. Relding.
This scope: The platform contacted the borrower with a third -party lender who hoped to loan. It is suitable for the scope of the asset category. The platform has a set of specific liability for the protection lenders.
The bank, accepting customers' deposits on their own balance sheets to fund their asset loans or investment activities.
registered capital: at least 5 million pounds, but usually more
The applicable range: define the core service of the bank to receive deposits on its own balance sheet, the bank's business model is different, From private banks to paying banks, we have conducted financial transactions from traditional lenders
Please note that the term "bank" is protected by British regulations by the following terms. If you want to open a bank, you need to conduct more detailed consultation.

FCA licenses are divided into four types of seven types: EU licenses, AR licenses, payment licenses and full licenses. Three types, AR licenses can also be divided into two types: introduction and independent type.
EU license: It should be noted that the European Economic Zone (EEA) license does not have the qualification to hold customer funds, nor can it enjoy the guarantee of 50,000 pound financial service compensation plans (FSCS)
Full license: The highest qualification, but remember that the full license cannot be equivalent to being guaranteed by FSCS. The full license can be divided into three types of investment consulting licenses, STP licenses and MM licenses
1 Investment license (50K): For this type of license, the customer fund column shows that the company cannot hold customer funds
2Stp License (125K): This license can hold the funds of customers, but cannot be traded with its own account. It can only match the main dealer, which is often said to be guaranteed by FSCS.
3mm licenses (730K): Compared with the STP license, the MM license has no Matches Principal Broker limit in the limitation column and can trade its own account. Can hold customer funds and be guaranteed by FSCS
Paying licenses (350K):
mainly for payment companies. If some dealers have both foreign exchange business and payment business, they will also display SEE FULL Details. For example, Gain Capital's payment brand Payments.
Plisting license (AR): It should be noted that the AR company itself is not regulated by the FCA, but is only supervised by the FCA direct supervision company, which means that the FCA direct supervision company is directly responsible for the qualification review of AR. In addition, AR’s business scope is compared to
The platforms currently choose to apply for AR licenses when considering funds. I hope my general description can help you