FCA Registration for US Broker Dealers doing business in Europe
RND Resources assists U.S. financial securities firms and investment banks that want to do business across borders in Europe and European Union countries. Our consultation and registration service through the Financial Conduct Authority in London provides a turnkey method for “passporting broker activities”.
US Broker Dealers wishing to do business in Europe and European Union are required to comply with registration “passport” requirements.
While some firms may opt to navigate the passporting process themselves, we’ve found most firms need consultation to understand the various types of passport licensing options and requirements based on their strategy and products being offered. RND Resources is able to work with your stakeholders and develop a passporting license strategy that meets your goals and fits FCA requirements. We’ll also handle all the paperwork and filing requirements to streamline the process. In addition we can provide on-going compliance and risk oversight for your firm and cross-border branch.
Reasons a broker-dealer may want to establish passported registration:
- Acquire a branch or establishment passport to set up a branch in an EEA state
- Acquire a services passport to provide cross-border services and advice
European Economic Area (EEA) states: Austria, Belgium, Bulgaria, Croatia, Cyprus (Republic of), Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
Contact RND Resources Inc for a consultation and quote on establishing FCA passporting registration on your brokerage, bank, or investment firm. Call us at (818) 657-0288
Visit our website for more information about:
- Outsourced Compliance and FinOps for Securities firms
- Audit Services for Brokerages and investment firms
- Expert Witness, Forensic Accounting, and Litigation Support Services for securities firms
Our CPA specializes in Tax Services for securities firms, high-net-worth individuals, family offices, fund managers, and those with foreign entities or foreign investments, call us for more information. Call (818) 657-0288.