What steps are needed to establish a bank in the United Kingdom?
Banking
Asked by Question Bot10/Mar/20141 answer
1 Answer
F
Faisal Khan
Answered 10/Mar/2014
You would need to contact the Financial Services Authority (FSA) in UK to obtain a Banking license (See http://www.fsa.gov.uk/doing/do) for more information.
In addition to this, you also need to get registered and licensed from Bank of England See http://www.bankofengland.co.uk/P... for more information.
In addition to this, you also need to get registered and licensed from Bank of England See http://www.bankofengland.co.uk/P... for more information.