Eternity Law International Financial intermediaries UK BIPRU €50,000 Limited Licence Firm

UK BIPRU €50,000 Limited Licence Firm

Published:
November 28, 2020

Authorised and regulated by the FCA and the National Futures Association in the United States.

Price:

Asking price: £390,000

Registration of changes & submission of the new owner for FCA approval: £10,000

Q & A:

  1. Are there are any assets, software?
  • No, the Seller is not selling our proprietary investment strategy and software, and doest not selling assets under management. The Seller intend to novate existing business to a new firm and sell the “empty shell” with all its regulations and permissions (please note The Seller is currently in the process to remove the permission to manage retail money)
  1. Was a company operational or zero history?
  • Is in operation since January 2012
  1. Any active bank accounts?
  • Yes, the Company bank with HSBC (GBP, EUR, USD) and TransferWise (USD)
  1. Any existing agreements with brokers / liquidity providers / other service providers?
  • The Seller is currently using RJO’Brien and Interactive Brokers for execution and Morgan Stanley, ADM, and RJO for clearing. In the past the Company also used Goldman Sachs International.
  1. Any personnel & office to stay?
  • The current management team of three is available to stay onboard to continue operating the business. However, the Company would not do the sales or origination but does the risk management, compliance, administration and finance of the firm. All operations are in the cloud and the Company use Office 365 and do not operate a physical office which saves costs. We can onboard new business from the Buyer the day we sign the purchase agreement, day-1 operational.

Requirements:

  1. May control but not hold client money
  2. BIPRU firm MiFID activity restriction
  3. Small Authorised UK AIFM (Sub-Threshold)
  4. When dealing with retail clients, the firm may not carry out the investment activity of Contracts for Difference (including rolling spot forex).

Competences of the Company:

1. Managing an unauthorised AIF

Dealing in investments as agent

Customer Type: Eligible Counterparty, Professional, Retail

2.Managing investments

Customer Type: Professional, Retail

3.Advising on investments (except on Pension Transfers and Pension Opt Outs)

Customer Type: Eligible Counterparty, Professional

4.Arranging (bringing about) deals in investments

Customer Type: Eligible Counterparty, Professional, Retail

5.Making arrangements with a view to transactions in investments

Customer Type: Eligible Counterparty, Professional, Retail

Investments Type:

  1. Certificates representing certain security
  2. Commodity Future
  3. Commodity option and option on commodity future
  4. Contract for Differences (excluding a spread bet and, a rolling spot forex contract and a binary bet)
  5. Debenture
  6. Future (excluding a commodity future and a rolling spot forex contract)
  7. Government and public security
  8. Option (excluding a commodity option and an option on a commodity future)
  9. Rights to or interests in investments (Contractually Based Investments)
  10. Rights to or interests in investments (Security)
  11. Rolling spot forex contract
  12. Share
  13. Spread Bet
  14. Unit
  15. Warrant

Limitation: Rights to or interests in (both).

Passports

A ‘passport’ enables an authorised firm to provide financial products or services in another country in the European Economic Area (EEA).

Countries

AUSTRIA | BELGIUM | CYPRUS | DENMARK | FINLAND | FRANCE | GERMANY | IRELAND | ITALY | LIECHTENSTEIN | LUXEMBOURG | MALTA | NETHERLANDS | NORWAY | SPAIN | SWEDEN |

Passport Type Service

1.A(1) Reception and transmission of orders in relation to one or more financial instruments

2.A(2) Execution of orders on behalf of clients

3.A(4) Portfolio management

4.B(5) Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments

5.B(7) Investment services / activities / ancillary services of the type included in Sec. A/ B of Annex 1 related to the underlying of derivatives included under Sec. C – 5, 6, 7 and 10 – where connected to provision of investment or ancillary services

Investments Type

  • C(1) Transferable securities
  • C(10) Other contracts
  • C(2) Money-market instruments
  • C(3) Units in collective investment undertakings
  • C(4) Derivatives in Securities, etc
  • C(5) Commodities Derivatives – Cash Settled
  • C(6) Commodities Derivatives – Physically Settled
  • C(7) Non-Commercial commodity Derivatives
  • C(8) Derivative instruments for the transfer of credit risk
  • C(9) Financial contracts for differences

Details: dmitriy.m@eternitylaw.com

You could be interested

Bank in Eurozone for sale

Offered for consideration is a European bank for sale (Northern Europe) that has excellent records with CB and ECB. That bank in Eurozone for sale has been granted a Principal Member status of SWIFT, VISA and MasterCard that allows providing a wide range of payment and card processing services globally. The reason for the sale...

Bahamas license for sale

License type: securities dealer/market maker. Established: 4+ years ago. Licensed: 3+ years ago. Head office location: Shanghai, China. Banking Institution: the company has a local corporate account with several separate accounts. Availability of MT4 or other systems: no. Capital: 300 thousand $. Current status of the company: the company is active, but not functioning. The...

South African Cat-1 Forex Broker for Sale

Unlock the potential of this Cat-1 South African broker for sale, equipped with a diverse range of financial services tailored to meet the dynamic needs of the market. Financial Services Portfolio: Insurance Expertise: Long-Term and Short-Term Insurance Health Service Benefits Investment Opportunities: Retail Pension Benefits Shares Participatory Interests in a Collective Investment Scheme Diversified Instruments:...

Operating bank in Puerto Rico – for sale

This is a new investment opportunity – a bank in Puerto Rico for sale. Please check out the main details regarding this proposal below. Banking license in Puerto Rico: key considerations International banking license for sale; The bank is connected to the SWIFT network; Correspondent bank relationships in place; The bank is fully licensed to...

Detailed offer with the company in Estonia

Buy company in Estonia Ready made, regulated and licensed company in Estonia for sale. The price includes the services of a private person and an AML officer for 3 months. 3 months after the acquisition, the fee for the director and AML officer without real work will be 16 thousand per year, real work –...

Ready-made Cyprus Investment Firm (CIF) for sale

 Package includes: Type of licence – STP Brokerage licence (CFDs) Commencement of operations – Authorised in 2016 and has limited operations so as to maintain its licence Amount of reserved funds (Contribution to the ICF) – EUR 59.800 Level of Own Funds – EUR 185.000* Number of full time employees – 3 employees: – 2...

Related posts

Trustee License in Hong Kong for Sale

We sell a ready-to-transfer company holding an active permit – trustee license in Hong Kong for sale – a perfect instrument for trust management, company structuring and international asset protection. Buy Trustee License in Hong Kong Key highlights of Hong Kong trustee license for sale. Licensed activities: trust administration, corporate services and cross-border investment advisory. Strategic...

Vintage Swiss Trust Company (Para-Banking & VASP) for Sale

A rare opportunity to acquire a fully licensed Swiss trust company with para-banking and VASP authorizations. This Geneva-based company, established in 1978, is clean, compliant, and ready to begin operations immediately under Swiss regulatory standards. Key Features of this Swiss Trust Company Incorporation & Regulatory Details: Year of Registration: 1978 Jurisdiction: Geneva, Switzerland Regulatory Status:...

MSB-Licensed Company in the USA for Sale

A clean, MSB-licensed company registered in the United States (Wyoming) is available for immediate acquisition. Established in 2025, this entity is in good standing and fully equipped to operate in key financial service areas, including cryptocurrency and money transmission. Key Features of this MSB Company Incorporation Details: Year of Registration: 2025 Jurisdiction: Wyoming, USA Status:...

ELI Corporate Services Package in the United Arab Emirates

We are pleased to offer an ELI corporate services package in the United Arab Emirates for sale for those seeking to establish or scale operations in the UAE – one of the world’s fastest-growing business ecosystems. Whether you are launching a startup or expanding your global presence, our turnkey support ensures a seamless market entry,...

Ready-Made Company in Poland with Director Services and Bank Account for Sale

A ready-to-operate Polish company is now available for acquisition, offering a fast and efficient market entry. This is an ideal solution for investors and entrepreneurs seeking an established structure with active banking and management in place. Key Features of this Polish Ready-Made Company Date of Incorporation: February 2022 Company Activity: General Trade Director Services: Included...

Fully Developed Online Casino Platform for Sale

We are pleased to present an exclusive opportunity – a fully developed online casino platform for sale. This offer includes a robust infrastructure, extensive game catalog, licenses, and full source code, enabling immediate market entry or portfolio expansion. Buy Fully Developed Online Casino Platform The ready-made casino platform for sale comes complete with both Curacao...
Fill the blank: