Bankcharter Advisory / Acquisition of a bank / qualifying holding
Acquisition of a bank / qualifying holding — EU / EEA
Regulatory due diligence and qualifying-holding file; price of the target excluded.
- Place and authority
- EU / EEA
- Capital
- Acquisition financing + regulatory capital
- Renewal
- One-off approval
Place and authority
EU / EEA. Regulatory due diligence and qualifying-holding file; price of the target excluded.
Capital
Acquisition financing + regulatory capital
Renewal
One-off approval. This is the approval or notification of a transaction: it is not renewed. It follows the authorisation it completes.
Our work and its timing
Preparation and filing take 6–16 weeks once we have your documents. The decision and its timing belong to the authority: no time to approval is announced.
Documents we will ask you for
Promoters, applicant bank, shareholders/UBOs and directors
Required in every case
- Power of representation, notarised remotely. It gives us standing to act on your behalf before registries, banks and the relevant authorities, within the limits it sets out. The notarisation session is held by video; a valid identity document is required.
- Draft articles or company documents of the applicant entity
- KYC, tax numbers, CVs, diplomas, references and criminal records of the shareholders/UBOs and directors
- Group chart and evidence of the origin of the regulatory capital
- Programme of operations and detailed business plan
- Prudential financial model, capital and liquidity plan
- Operational chart, key functions and job descriptions
- Questionnaires on governance, risk, AML/CFT, compliance, internal audit and ongoing control
- IT architecture, cybersecurity, continuity, outsourcing and main supplier contracts
Depending on the case
- Audited group accounts and existing regulators' reports
- Fit & proper file and statements of assets
- Lease, employment contracts and evidence of substance
- Acquisition agreement, due diligence and financing for a change of control
- Parent bank's authorisation for a branch
The exact list follows what you order; it is confirmed in your client space after payment.
Questions
Where can this licence be obtained?
EU / EEA.
What capital is required?
Acquisition financing + regulatory capital
Does the licence need to be renewed?
One-off approval. This is the approval or notification of a transaction: it is not renewed. It follows the authorisation it completes.
How are your fees set?
Our fees for preparing and filing start at €256,890, excluding VAT. The firm quote follows the scoping call, before anything is signed; the authority's own fees and the capital are not fees.
How long does it take?
Preparation and filing take 6–16 weeks once we have your documents. The decision and its timing belong to the authority: no time to approval is announced.
Do you guarantee the licence?
No. The licence is granted by the authority after its own review. Our commitment is the quality of the file, its filing and its follow-up until the decision.