Licence types
Financial authorisations, explained by activity
Each category below links to the jurisdictions in our database where it applies, with regulators, capital and official sources.
Banking
Payments
Electronic money institution (EMI)
Issue e-money and provide payment services; funds must be safeguarded.
3 jurisdiction regimes
Swiss SRO affiliation (AML supervision)
One of the most versatile entry routes in global finance: a single AML affiliation that lets a Swiss company act as a financial intermediary across a wide range of payment, transfer, exchange and crypto services.
1 jurisdiction regimes
Payment institution (PI)
Provide payment services such as transfers, acquiring and money remittance.
3 jurisdiction regimes
Money transmitter / MSB
Money transmission and remittance licensing, often per state or province.
2 jurisdiction regimes
Stored value / e-wallet licence
Licensing for multi-purpose stored value facilities and wallets (e.g. Hong Kong SVF, UAE SVF).
2 jurisdiction regimes
Digital assets
Crypto-asset service provider (MiCA CASP)
EU authorisation for crypto-asset services, passportable across the EEA.
2 jurisdiction regimes
Virtual asset service provider (VASP)
Registration or licensing for virtual-asset businesses outside MiCA (e.g. Switzerland, UAE, UK, Singapore).
6 jurisdiction regimes
Swiss SRO affiliation (AML supervision)
One of the most versatile entry routes in global finance: a single AML affiliation that lets a Swiss company act as a financial intermediary across a wide range of payment, transfer, exchange and crypto services.
1 jurisdiction regimes