France Offers Fast-Tracked EMI Application: Embarking on the journey to obtain an Electronic Money Institution (EMI) license in the European Union, requires navigating a complex regulatory landscape and is time consuming with licenses application proceeding of 12 to 18 months in most countries (e.g. Lithuania, Bulgaria, Malta etc…). We invite you to reach out to us at connect@swissfintechpro.com to discuss your specific needs.
we offer a streamlined path to acquiring your EMI license in France – remarkably, within a short span of 6/8 months. Our partnerships with an experienced local partner ensure you have the best in legal advice and support, simplifying what might otherwise be a daunting endeavor.
If you want your EMI to be able to onboard crypto exchange as client or clients dealing in Crypto then France is the place to be
Regulatory Landscape: It’s true that regulators in some countries, like Poland and Lithuania, have tightened their stance on EMIs working with crypto-related businesses. This often stems from concerns about money laundering and the inherent risks associated with cryptocurrencies.
French Approach: France is positioning itself as a hub for fintech and crypto innovation within Europe. The Autorité de Contrôle Prudentiel et de Resolution (ACPR), which oversees EMIs in France, has a more accommodating regulatory framework for EMI crypto-related activities compared to some other European jurisdictions.
This approach by the French regulator can be a strategic advantage for EMIs looking to operate in the crypto space. France’s relatively progressive stance could make it an attractive location for EMIs that want to serve crypto exchanges or deal with crypto clients.
Crypto Exchange License: The possibility for a French EMI to also apply for a crypto exchange license adds an interesting dimension. It could allow for a more integrated range of services, appealing to a broader client base interested in both electronic money and crypto transactions.
Caution for EMIs Of course the price for this leniency will be that the EMI will need to exercise due diligence and ensure compliance with all relevant regulations, including anti-money laundering (AML) and know your customer (KYC) requirements. The crypto world is still relatively new and can be volatile, so risk management is key.
We are excited to introduce “EMI Express” – a pioneering service offering EMI licenses in France within just 6/8 months. This accelerated timeline is a game-changer for businesses eager to enter the EU financial market.
Our service package is comprehensive, covering every step of the application process for an Electronic Money Institution license with the Autorité de Contrôle Prudentiel et de Resolution (ACPR) in France.
Our professional fees: Priced at 159,000 EUROS, our all-inclusive package includes:
Our dedication to providing exceptional service and personalized attention throughout the process is unwavering. We aim to make your application thorough, complete, and reflective of your business objectives. We welcome the opportunity to discuss your needs in detail and address any queries.
In conclusion, navigating the EMI licensing process in France need not be a daunting task. With our expertise and comprehensive service package, you can confidently step into the EU financial market. We invite you to reach out to us at connect@swissfintechpro.com if you have questions about France Offers Fast-Tracked EMI Application or complete the What’s App form below.
