Scope
The summaries below are non-exhaustive and indicative only. They do not constitute legal advice. Requirements relating to capital, substance, fit-and-proper assessment, and timelines change. Confirm all matters with licensed local counsel and the regulator’s current publications before taking any step.
A licensing route frequently discussed among institutional FX operators. Local presence and fit-and-proper themes typically apply. A Seychelles authorisation does not, by itself, authorise solicitation or service provision in other countries.
A dealer framework administered by the FSC. Substance, systems, and application completeness are material to operational readiness. Class selection must be confirmed with counsel.
An EU investment-firm authorisation route under the applicable Cypriot/MiFID framework. Often more extensive in time, governance, and substance; cross-border themes depend on the authorisation and applicable law.
A dealing authorisation under SIBA/FSC frameworks. Structural flexibility may be offset by nexus, substance, and banking practicalities with counterparties.