About this Blog

This blog informs you about recent developments and significant innovations with respect to the establishment of banks, financial services institutions, payment service institutions and investment companies, as well as alternative investment fund managers (AIFM). The blog covers issues that range from strategy to implementation of an establishment project and thereby addresses regulatory as well as organisational and procedural issues which a financial sector entity has to face before, during or after a licensing procedure. In addition to this we would also like to inform you about the practical aspects of the implementation of recent regulatory requirements.

This blog is directed to both the entity’s decision-makers who plan a licensing procedure and the senior management and interested persons of financial sector entities which are already licensed.

Our bloggers work in the financial services department of PwC. The PwC banking establishment team consists of experts specialising in regulatory, as well as strategic, organisational and procedural issues. We assist during formal licensing procedures and other regulatory procedures, such as the acquisition of a regulated entity, at the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin).

We develop individual and efficient solutions regarding, inter alia, the organisational and operational structure, information technology or sourcing issues. The highly regulated financial industry sector imposes special demands on the institutions in the area of conflict between efficiency requirements on the one hand and fulfilment of regulatory requirements on the other hand. Our team is familiar with these demands and takes them into account when developing bespoke solutions.

Our team has gained practical experience in numerous establishment projects, outsourcing projects and feasibility studies. We would like to share this experience with you in our blog.

Please contact us should you have any remarks or questions. We look forward to your comments.