If you are planning to register with FCA and being approved with the status of Small payment institute / Authorised payment institution, then you can choose Milton Consultants and Accountants for the reliable assistance.
We are providing services in assistance of SPI and API registration as well as upgradation from SPI to API. We are also providing assistance for the application of API registration and upgradation of SPI to API.
If you are a PSD agent and looking for the consultancy to get approved as SPI or API, and other supporting services. Erstwhile Milton’s advisors’ team for money service business provide you the best-to-best solution with its proven track record.
We assist in Anti money laundering Policy and procedures and Risk Assessment.
Change in Control (chic) Services – Sale and purchase of SPI / API)
Our expert team provides sector-leading services and advice, guiding our clients through the very best solutions for their ventures. Sale or purchase transactions of MSB can often be stressful due complex regulations and technical assessment. That’s why at Milton Accountants and Consultants, we work closely with our clients to guide them through the process of sale and purchase of MSBs with appropriate and required assessment of MSB assets.
There are many factors which are extremely important to consider while taking over Money Service Business before making decision.
For Example:
- Either the company is already trading?
- Either the company is in operations since many years?
- Either the company is not trading yet?
- Does the maintaining Safeguarding account?
- Any Legal issues underway?
- How properly records been maintained during trading?
- The types of services company been providing?
- Any Tax obligations?
- Regulatory enquiries underway?
- Any warnings from regulators in the past?