We started ELI UK aiming to assist FCA-regulated companies to go great guns.
Having a broad experience as FCA compliance consultants, we put our regulatory knowledge and investment sector expertise to good use, offering a plethora of expert solutions that are comprehensive, useful, and always workable.
ELI UK was working as a dedicated consulting company for a decade and used to serve multiple clients. ELI UK is happy to assist you with any services basing on the main focus on delivering pragmatic advice to small and medium-sized enterprises operating in the financial services domain.
Our company is committed to assisting you in staying in line with your regulatory obligations and, most essentially, thriving.
The team of Eli-UK possesses vast experience with over a century of combined industry experience in company setup and secretarial services. We understand that the most important aspect of any business is the team behind it that makes the difference. The people behind our company have been delivering innovative services to international clients for many years. Our main purpose is to bring you the best cost-effective service quickly to assist you in facing and solving the challenges you may encounter in your business environment.
If you’d like to reach out today, you can contact us here. Also, you can find a lot of information about company formation and related services by browsing our website.
Our team has a substantial experience in the legal advisory and financial spheres, our specialists are very happy to asisst you.
Our services are client-oriented, therfore we are always looking to provide our clients with the best options applicable for their requirements.
Secretarial services are also one of our main courses, we have a decade of experience in this and ready to provide our clients with competetive conditions and the best service.
This is any of the below-mentioned legal entities carrying out payment activities and related operations:
After being approved by any EU Financial Authority, PI can provide the range of belowlisted operations:
The main contrast between these approvals is that only E-Money Institutions can provide digital currency or e-wallet or other device. EMI can deliver all the services an API is authorized to offer.
Though there are some similar features between virtual currency and electronic funds, crypto assets are not deemed electronic funds. While e-funds are applied for operations with government-issued and regulated monetary units such as USD and EUR, cryptocurrency is a virtual currency that has no fiat equivalent. If you wish to offer cryptocurrency exchange and cryptowallets, you may be mindful of acquiring a separate authorization.
You can become a SPI license holder, if you meet the following criteria:
The main difference between an API and SPI license is an average monthly turnover in payments.
If it is under 3,000,000EUR, you can start operation as a SPI. If it exceeds this amount, then you will have to apply as an API.
You can acquire a SEMI license, if you meet the following criteria:
The main contrast between these approvals is a volume of payments circulation.
If your monthly turnover transactions are less than 5,000,000 EUR, you can become a small electronic money institution. If your monthly transaction amount exceeds this, then you will have to apply as an EMI.