Change in Control

As an alternative to directly becoming authorised, a business may purchase a regulated entity and use their license. This may facilitate a faster entry to market on the basis that the required framework and controls should be in place and the business has already been approved by the Regulator. However, doing so can be complicated and require more resources than applying for a new license, depending on the specific circumstances.

Neopay can assist your business in developing an effective strategy for the Change in Control process, and work with you to develop all of the required processes, procedures and documentation required by the Regulator.