Authorised EMI in the United Kingdom, clean, with PIS and AIS

About This Company

SI 2011/99 authorises this entity to issue electronic money and execute payment transactions across the United Kingdom. The Electronic Money Regulations 2011, in force from 2011-04-30, grant permissions covering issuing electronic money, money remittance, issuing payment instruments, acquiring payment transactions, payment initiation services, and account information services. Authorisation remains domestic and does not passport. Corporate assets include a clean shelf company with no trading history, GBP 490K in share capital, and no debts or liabilities. Commercial arrangements include a five-year agreement with VISA covering issuing, with readiness for principal membership onboarding. Three people on payroll are willing to stay through the change of control. Acquirers must obtain prior FCA approval before acquiring control under FSMA 2000 Section 191F. Proceeding without supervisory approval is designated a criminal offence under Section 191F. Regulatory notifications trigger when crossing thresholds of 10%, 20%, 30%, and 50% of shares or voting rights, or becoming a parent undertaking. Assessment requires 60 business days under FSMA Section 189, pausable once for up to 30 business days if regulators request additional information. Public records on the Financial Services Register verify active permissions, trading names, registered address, and supervisory restrictions by searching the firm's 6-digit reference number.