New Bank Start-up Guidelines
Key Highlights:
Total Application fees: £25000 to PRA (Prudential Regulation Authority)
Capital Requirements: Subject to PRA (Prudential Regulation Authority) approval. The applicant has to apply separately for the total Capital requirements as it depends on so many factors.
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Prudential Regulation / New Bank / New Bank Start Up Unit GuidePrudential Regulation / Authorisations / New Firm Authorisation
Application for Authorisation Banks
New Bank Start Up Unit Guide