Obtaining an Electronic Money Institution (EMI) or Payment Institution (PI) authorisation involves more than submitting the required application forms and policies.

Regulators increasingly expect applicants to demonstrate that their business model, governance, safeguarding arrangements, internal controls, management structure and operational framework are both realistic and appropriately implemented.

This session will explore common regulatory red flags and weaknesses that can lead to additional questions, delays, or, in more serious cases, concerns regarding the viability of an application.

Drawing on practical experience from EMI and PI authorisation projects, the session will provide insight into what regulators typically look for and how applicants can address potential issues related to an application.