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Introduction to the UK's Authorised Electronic Money Institution (AEMI) An AEMI is an entity regulated by the UK's FCA, authorized to issue and redeem electronic money. Electronic money is a digital equivalent of cash stored on electronic devices or remote servers. Additionally, an AEMI can provide all services of a payment institution. An electronic money license is more suitable for businesses that wish to retain client funds for longer periods and offer stored value products. Services that an AEMI can provide: 1. Issuing electronic money 2. Services for depositing cash into payment accounts and all operations required to operate payment accounts; 3. Services supporting cash withdrawals from payment accounts and all operations required to operate payment accounts; o Executing payment transactions, including transferring funds on a user's payment service provider or other payment service provider's payment account; o Executing direct debits, including one-off direct debits;

Switzerland Fintech License In 2017, the Swiss Federal Council's fintech consultation document further clarified and expanded the definition of "bank" under Swiss law to distinguish between the following two types of licenses and various exemption requirements: - Full Banking License - Fintech License ("Light" Banking License) As the name suggests, the fintech license is essentially a basic version of a banking license. The introduction of this license primarily facilitates virtual currency trading platforms. However, unlike a banking license, a fintech license does not allow the investment of client deposits or the payment of interest. Licensed companies must record deposits in a manner that is either segregated from their own funds or recorded separately from their own funds. The latter method, where only separate recording is required, must undergo mandatory auditing. The fintech license will allow license holders to receive up to 100 million Swiss francs from the public, and these funds...

A CRYPTO LICENSE IN POLAND In Poland, a cryptocurrency license is a document that authorizes entities to conduct regulated cryptocurrency business under the laws of the proposed jurisdiction. In other words, obtaining a cryptocurrency license allows one to operate cryptocurrency-related businesses in Poland as a cryptocurrency exchange operator or a cryptocurrency custodian wallet operator. Poland has currently introduced regulation of economic activities in the cryptocurrency sector, primarily including the registration and restriction of companies conducting cryptocurrency trading activities, and addressing the legalization of income through anti-money laundering measures to prevent virtual currencies from being used for criminal activities, thereby protecting cryptocurrency consumers. The reasons why Poland's cryptocurrency license is currently attracting market attention include the following: Poland has a population of nearly 40 million, making it a relatively large and extensive market among European countries. Poland has signed agreements with 84 countries worldwide to avoid double

UK EMI License (Electronic Money Institutions Licensing) Investment Environment in the UK The UK is the sixth-largest economy in the world. As a long-established capitalist power, the UK's corporate tax rate has consistently been at a relatively low level. Due to its lower business costs, the UK has always been one of the popular destinations for domestic enterprises to invest overseas. London, as one of the world's top three financial centers, is highly favored by investors for its robust fintech growth and investment prospects. Currently, there are over 1,600 fintech companies in the UK, most of which are based in London. The concentration of a large number of technical talents is also one of the potential drivers for future economic growth in the UK. Electronic Money "Electronic money" refers to "monetary value stored electronically (including magnetically)." It is represented by a claim on the issuer, issued upon receipt of funds, and intended for use in payment transactions, and

The UK is the world's sixth largest economy and one of the most popular destinations for Chinese investors going global. London — one of the world's three major financial centres — offers strong fintech growth and investment prospects. Here is your complete guide to the UK Electronic Money Institution (EMI) licence.

For a long time, many clients have consulted us with questions like: "What is a trust?", "What are the uses of a trust?", and "How can one allocate assets and plan taxes?". Today, Oushin will guide you through the essentials of trusts. NO. 1｜What is a Trust? Basic Definition of a Trust Before understanding trusts, we need to first grasp three concepts: Settlor: The settlor is the entity that establishes the trust, also known as the donor or grantor. The settlor sets up the trust and legally transfers control of their assets to the trust. In certain types of trusts, the settlor can also act as the beneficiary, trustee, or both. Trustee: The trustee is a third party that manages the trust assets according to the terms of the trust. In most countries, trustees can be local licensed institutions or a private trust company (PTC) established by the settlor themselves.

Offshore companies have been popular in the international market for many years, but for a long time, they were a mysterious concept for Chinese people. With the development of reform and opening up, China has integrated with the world, and more and more Chinese enterprises and affluent new elites are "going global," making it common to establish companies overseas. Many well-known Chinese enterprises have offshore companies abroad, such as Baidu, Alibaba, Tencent, and Bilibili. Today, Oushin will provide a detailed understanding of what an offshore company is. NO. 1｜An offshore company, as the name suggests, is a company registered outside the place of residence. For example, non-local residents register companies in countries or regions like Belize or Mauritius. Among Chinese enterprises registering offshore companies overseas, Sina is a prime example. Due to Chinese laws and the Ministry of Industry and Information Technology not allowing internet companies with servers in China to list abroad, Sina cleverly utilized an offshore company to register a subsidiary with actual control overseas.

At present, time is becoming increasingly crucial. Entering the market quickly means you have more time than your peers to understand and capture the market. However, Europe's complex financial regulations and regulatory systems indeed cause headaches for most people. The increase in time costs means you might lose your competitive edge. "White labeling" can help you quickly solve this problem. NO. 1｜What is White Labeling? Simply put, "white labeling" involves purchasing a standard "solution." While you cannot change the core functions of the solution, such as service and product content, compliance management, etc., you can modify the brand's logo and user interface. In the Fintech sector, white labeling refers to a licensed company packaging its licenses, operational permits, system infrastructure, backend support, human resources, and more into a solution that is leased to a third party. This way, the third party can offer related services under the license without any construction costs, enjoying the benefits of the licensed company.

Time-to-market is increasingly critical. Complex European financial regulation can dramatically increase your costs and delay your launch. White-label solutions could solve this problem fast.