Gibraltar Financial Services Commission (GFSC) License
Desfran provides a turnkey solution for financial licensing. To facilitate your process of applying for a Gibraltar Financial Services Commission (GFSC) license, we will:
- Promote your application to the Gibraltar regulators
- Assist with answering questions regarding the application process and requirements
- Draft and review application documents and questionnaires
- Follow up with the application and ensure the submission of additional information required by the related departments in Gibraltar
Category 1 – Firms are permitted to deal as principal, agent and arrange deals for investors, give investment advice and hold/control customer money and assets.
Category 2 – Firms are permitted to deal as agent and arrange deals for investors, give investment advice and hold/control customer money and assets.
Category 3 – Firms are only permitted to arrange deals for investors and give investment advice.
Investment services and activities –
Ancillary services –
Category 1 – EUR 730,000
Category 2 – EUR 125,000
Category 3 – EUR 50,000
Desfran shall seek to understand your business activities and goals to assist with your business plan drafting that best encompasses this whilst still being compliant to the prevailing regulations. Desfran shall also advise on the possible questions that might be posed by the regulator.
Due Diligence is necessary to formally verify the identity of all clients of the firm. The following documents are required to conduct due diligence for the license application:
Please note for a company listed on a major stock exchange or subject to regulatory supervision in a country with equivalent AML regulations to Gibraltar, evidence of such listing or regulation will suffice in place of the above information. Where the directors to be appointed are employees of such a listed or regulated company, a certified passport copy and confirmation of employment (to include position) will suffice.
The Gibraltar Financial Services Commission (GFSC) supervises a broad range of firms including auditors, banks, company managers, e-money institutions, professional trustees, payment services providers, funds and fund service providers, insurance companies, managers and intermediaries, investment firms, and insolvency practitioners. Firms that wish to do business in or from within Gibraltar must meet the GFSC standards and criteria both at application stage and on an on-going basis. Their supervisory work focuses primarily on the way firms are operated and governed and the identification of risks to consumers and the reputation of the jurisdiction more generally.
Desfran assists with the complete licensing application. Contact us to find out more about the Gibraltar company registration and forex license application. Our team of experts will get back to within the next business day.