Choosing the right jurisdiction is one of the key decisions when launching a regulated payment or e-money business in the European Economic Area.
In this webinar, we will explore three popular EEA jurisdictions for Payment Institution (PI) and Electronic Money Institution (EMI) licensing: Latvia, Malta and the Netherlands.
Three legal experts specialising in financial regulation in their respective jurisdictions will provide a practical overview of the licensing environment in each country, including:
- PI and EMI licensing options and regulatory framework
- Key licensing and capital requirements
- Local presence, management and operational requirements
- Application process and expected timelines
- Key considerations when choosing a jurisdiction
- Practical aspects of preparing and submitting a licence application
The webinar will help fintech founders and existing financial businesses better understand the differences between the three jurisdictions and assess which option may be more suitable for their business model and expansion plans.
AGENDA
Presentation 1: PI and EMI licensing in the Netherlands
The presentation will provide an overview of PI and EMI licensing in the Netherlands, including key licensing and capital requirements, local presence and management expectations, and the application process and expected timelines.
Speaker
Jan Christiaan Hagen
Advisory Lead, DNB/AFM Licensing & EMI Applications, Advapay
Short bio:
Jan Christiaan Hagen has hands-on experience supporting DNB EMI licence applications from company inception through the full licensing process. His work includes regulatory engagement, application preparation and managing follow-up questions from DNB throughout the authorisation process.
Presentation 2: PI and EMI licensing in Malta
The presentation will cover the main aspects of obtaining a PI or EMI licence in Malta, with a focus on regulatory and capital requirements, local operational substance, management requirements and the key stages of the application process.
Speaker
Dr. Kelly-Dominic Fenech
Partner, Advapay Malta
Short bio:
Dr. Kelly-Dominic Fenech is an advocate specialising in financial services and the FinTech sector. He has been recognised in the Chambers and Partners FinTech Guide for more than five consecutive years and is currently ranked in Band 2.
Presentation 3: PI and EMI licensing in Latvia
The presentation will explore the PI and EMI licensing framework in Latvia, including capital and licensing requirements, local presence and operational expectations, and the practical process and timeline for submitting an application.
Speakers
Māris Liguts
Partner, Attorney-at-Law, GLIMSTEDT
Short bio:
Māris Liguts is a Latvian attorney-at-law specialising in banking and finance, financial regulation, licensing, AML compliance, corporate law and cross-border transactions. He advises clients on regulatory and corporate matters related to financial services and market entry.
Valters Diure
Partner, Attorney-at-Law, GLIMSTEDT
Short bio:
Valters Diure advises clients on banking and finance, financial regulation, capital markets, aviation finance and cross-border transactions. His practice combines regulatory expertise with experience in complex financial and transactional matters.
Registration
Advapay at stake:
How can Advapay can assist you in launching your fintech, payment or crypto business?
- Assistance in EMI/PI licencing in the EEA/UK
- Registration of MSB company in Canada
- SRO membership in Switzerland
- Delivery of a comprehensive Core banking system encompassing back-office and white-label applications for end-users
- Assistance in payment infrastructure development
- BaaS-solutions in collaboration with our partners – EEA/UK licenced EMIs and PIs
