Licensing services

Licensing and registration

Licensing support: Assistance with registration and licensing process: liaising with regulators and advisors to managing the licence / registration submission process itself.

Regulatory guidance: Nexus will provide guidance and advice on managing regulatory requirements as well as best practice and can assist in preparation of all procedures and controls necessary to operate a regulated entity.

Provision of key officers: Nexus can provide key roles as part of your application; and also assist in recruitment, screening, and F&P assessment of any other role holders as required.

Resource and personnel: Nexus can provide operational training and mentoring to your 1LOD and 2LOD teams, including MLRO and Head of Compliance for any new licence applications.

Post-licensing consultancy: Nexus can provide key personnel, compliance advisory, and ongoing consultancy to provide stability and ongoing assurance during the critical first few years.

Ongoing guidance and mentorship will be provided to your team to enable them to learn and scale effectively and appropriately, in line with both shareholder and regulator expectations.

Nexus Consultancy provides strategic and operational guidance and advice to facilitate and support businesses apply for and obtain a financial services license, or DNFBP registration in the Isle of Man.

Nexus has extensive experience with the licensing process: being part of or leading multiple successful licence applications and extensions, we can provide industry leading advice to overcome common pitfalls, minimise time and costs and ensure the strongest outcomes when dealing when applying for a new licence or licence extension. 

Nexus can provide the following services to support your licence application or DNFBP Registration on the Isle of Man:

License surrender and wind-down

Nexus has experience with the licensing surrender or de-registration and wind-down process, having been part of or led a number of licence surrenders and company wind-down programmes across both Financial Services and eGaming.

Nexus can assist and support your licence surrender, DNFBP de-registration and business wind-down programme - ensuring the regulated entity is both wound down appropriately and continues to meet all of its regulatory requirements post licence surrender date - specifically record keeping and retention.