Brexit has created huge challenges for every firm, and every regulator in Europe. B&B’s team has acted successfully for over 30 firms, looking to obtain licences in jurisdictions from the UK to Australia. The team are well known to the FCA, as well as various regulators throughout Europe, and are well placed to provide a client with sensible commercial direction and assistance when looking at either making an application for a licence, a variation of a licence, or dealing with day to day queries.

One of the biggest challenges in relation to any regulatory licence application is time, clients need matters to progress as quickly as possible so as not to lose commercial opportunities. Cutting and pasting from a previous application is simply not time effective and in the long run costs more in fees.

B&B’s approach is to identify the questions that a regulator might ask, and then to ensure that those questions are dealt with in the body of the initial application. This approach is designed to reduce the amount of questions raised by a regulator, which in turn speeds up the application process.