Licence route · AISP
Account Information Service Provider
For firms providing account information services without holding funds. The institution must evidence its authentication journey, consent handling and PII cover. Genesis support is in development.
In DevelopmentApplication depth: Moderate
Who this route is generally for
Open-banking firms that read account information but do not hold customer funds.
Typical activity
Account information services under registration or authorisation.
Key indicators
Regulatory status
Registered (RAISP) for AIS-only firmsSource: PSRs 2017, reg. 17 · Position at 2026-07-30
Initial capital
No initial capital requirement (AIS-only)Source: PSRs 2017 · Position at 2026-07-30
Ongoing own funds
No own funds requirement; professional indemnity insurance requiredSource: PSRs 2017, reg. 22 · Position at 2026-07-30
Safeguarding
Not applicable — no customer funds heldSource: PSRs 2017 · Position at 2026-07-30
Route indicators are informational and require confirmation against the full business model and applicable law.
How Genesis supports the route
Building an AISP the regulator expects.
- Determines route eligibility from actual activities and funds flow
- Builds the regulatory business plan and programme of operations
- Constructs the route-specific financial model
- Designs safeguarding where applicable and reconciles it
- Assembles the evidence schedule and challenges the application before submission
Common weaknesses
What delays applications.
- Financial model that contradicts the business narrative
- Safeguarding design that does not reconcile with funds flow
- Governance that exists on paper but not in operating reality
- Evidence gaps against stated regulatory claims
- Permissions that do not match the actual activities
Current Genesis route status: In Development
This route is not yet certified. Support status is shown honestly and updated as it graduates.