R
RegNexusGenesis
Start Assessment

Quick estimate

Get a quick estimate of cost for your licence type.

The FCA’s own data shows that three in four payments-portfolio applications fail to reach approval. Before you commit a five-figure advisory budget, see what a deterministically validated application actually costs. Complete the three steps below and your indicative pre-VAT estimate — with the market evidence behind it — is released on screen.

Step 1 — Your details

All fields are required. Your estimate is prepared against verified market data and released on screen once complete.

Step 2 — Your licence type

Step 3 — Fit & Proper self-check

The FCA assesses every application against its fit-and-proper test. Review each statement — use the button to understand why it matters — and tick each one you can confirm.

0/8

  • No director or senior manager has unspent criminal convictions — particularly for dishonesty, fraud or financial crime.

  • No individual has been the subject of adverse findings, sanctions or investigations by the FCA, PRA or any other regulator.

  • No individual or connected firm has had a regulatory authorisation, registration or licence refused, revoked or restricted.

  • No director is, or has been, disqualified from acting as a company director.

  • No individual has been bankrupt, entered an IVA, or has material unsatisfied judgments or debts.

  • No individual has been dismissed, or asked to resign, from a position of trust for misconduct.

  • The proposed directors and senior managers collectively hold relevant knowledge, skills and experience for the regulated activities applied for.

  • The firm is willing to disclose all material information to the FCA openly and candidly.

Indicative self-assessment framed on the FCA’s FIT criteria — not an FCA determination. If you cannot confirm a statement, Genesis Diagnostic will assess how it affects your route.

Estimates are indicative, exclusive of VAT and FCA application fees, and confirmed by quotation so pricing reflects the actual scope of work. The fit-and-proper self-check is an indicative self-assessment framed on the FCA’s FIT criteria, not an FCA determination. RegNexus does not provide legal advice and does not guarantee authorisation outcomes.