Recent content by AdamFrederick

No. It has nothing to do with what I do. I'm aware of the structure because we use it for our own clients.

I wish you well then. What I mentioned comes as a full package,

Then I stand by what I said, from what you've said and that's not a great deal, you could set up a European regulated company that is allowed to do KYC and AML. A structure that allows you to act like a bank, even call yourself bank, have an an account with a custodian bank, take deposits and...

Client or clients? I'm not sure what the second part of the sentence means but if they pass the KYC & AML and the need is just for deposits, disbursements and payments it's not such a big problem. A CT structure with European regulatory cover for the compliance is your cheapest option.

Can you say why you want the license as there are numerous options on taking deposits etc but far, far less on offering debt. Certain structures can open accounts with large banks and act as the Trustee for their clients if that structure is regulated to provide KYC and AML.