Question 1

What is finconduit and who do you work with?

Accepted Answer

finconduit is a specialist regulatory advisory firm operating exclusively in the regulated financial services sector. We advise Electronic Money Institutions (EMIs), Virtual Asset Service Providers (VASPs), Crypto Asset Service Providers (CASPs), Payment Service Providers (PSPs), Payment Processors, and cross-border payment companies operating across the European Economic Area and the United Kingdom.

Question 2

Are you a law firm or regulated advisory practice?

Accepted Answer

finconduit is not a law firm and does not provide legal advice in the legal professional sense. We are a specialist regulatory advisory practice. Our work product—including legal opinion frameworks, regulatory gap analyses, and compliance documentation—is prepared to institutional standards and is routinely reviewed by our clients' legal counsel.

Question 3

What regulatory frameworks does finconduit advise on?

Accepted Answer

Our advisory covers MiCA (Markets in Crypto-Assets Regulation), PSD2 and PSD3, GDPR and DPIA obligations, the Sixth Anti-Money Laundering Directive (6AMLD), DORA (Digital Operational Resilience Act), EMD2 (Electronic Money Directive), and FATF recommendations and travel rule requirements. We also advise on jurisdiction-specific transpositions of EU directives, including the FCA's equivalent frameworks in the UK.

Question 4

How does finconduit facilitate institutional banking access for regulated fintechs?

Accepted Answer

Our banking access service is built on pre-established relationships with correspondent banks, EMI banking partners, and specialist financial institutions across the EEA and UK that are actively willing to onboard regulated fintechs. We prepare or review the full documentation package a banking partner will scrutinise before any introduction—achieving an 87% pre-approval success rate across introduced institutions.

Question 5

We have been declined by multiple banks. Can finconduit help?

Accepted Answer

Institutional banking declines for regulated fintechs are rarely about the institution itself—they are almost always documentation or positioning failures. Our remediation process begins with a root cause assessment: we review previously submitted documentation, identify specific deficiencies, and reconstruct the application package from the ground up before making introductions through our existing relationships. Multiple prior declines do not preclude a successful outcome.

Question 6

What does a bespoke compliance programme from finconduit include?

Accepted Answer

A compliance programme from finconduit is built to the specific regulatory obligations of your institution by licence type, jurisdiction, and business model. It typically encompasses an AML/CTF Policy and Procedures Manual, a GDPR-compliant Privacy Framework, a PSD2 or MiCA Operational Framework, and a DORA-aligned ICT Risk Management Framework where applicable. Every document is written as if a regulator or banking partner will read it.

Question 7

What types of legal opinions does finconduit prepare?

Accepted Answer

We prepare regulatory legal opinion frameworks including MiCA classification opinions, AML/CTF legal opinions for banking partners, jurisdiction-specific licensing opinion frameworks, PSD2 exemption opinions, and GDPR adequacy and transfer mechanism opinions. These opinion frameworks are prepared to the standard that banking partners and external legal counsel expect to rely upon.

Question 8

How does finconduit structure its fees?

Accepted Answer

We operate on three fee structures: fixed-fee project engagements (such as gap analysis or compliance programme build) priced before work begins; banking introduction engagements on a success-fee basis alongside a preparation retainer; and ongoing advisory retainers for regulatory monitoring and compliance officer support, priced as monthly retainers calibrated to the level of service required.

Question 9

Do you charge for the initial regulatory assessment?

Accepted Answer

The initial consultation—a structured call during which we assess your institution's profile and provide a preliminary view of your compliance position and banking access readiness—is complimentary and carries no commitment. If we agree to proceed to a formal regulatory assessment, that assessment is priced as a fixed-fee project, clearly stated before any work begins.

Question 10

How long does a full regulatory compliance engagement take?

Accepted Answer

A regulatory strategy engagement from initial assessment through to a delivered compliance roadmap typically takes three to six weeks. Building out a complete compliance programme adds four to twelve weeks depending on scope. Banking introductions, once documentation is prepared, typically result in a banking decision within four to eight weeks of introduction.

Question 11

Can you advise on MiCA token classification before a token issuance?

Accepted Answer

Pre-issuance token classification advice is one of our most sought-after services. MiCA creates three primary categories—Asset-Referenced Tokens (ARTs), E-Money Tokens (EMTs), and other crypto-assets—with materially different regulatory obligations. Our classification advisory examines the technical and legal characteristics of the proposed token and produces a classification opinion addressing the MiCA analysis.

Question 12

Where is finconduit based and which jurisdictions do you cover?

Accepted Answer

Our principal office is in London, England. We operate across the full European Economic Area and maintain working relationships with regulatory advisors in key licensing jurisdictions including Ireland, Lithuania, Luxembourg, and the Netherlands. For UK-specific engagements, we work directly with FCA requirements and associated frameworks.

Question 13

How does finconduit handle confidential institutional information?

Accepted Answer

Every engagement is governed by a mutual Non-Disclosure Agreement executed before any material information is shared. Institutional documentation is handled with the same standard of confidentiality expected from a law firm. We do not discuss client engagements with third parties unless expressly authorised in writing by the client.

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