Our regulator the Financial Conduct Authority (FCA) granted Global Investment Strategy UK Ltd additional regulatory permission as an Authorised Payment Institution (API) under the Payment Services Regulations 2009 (PSRs).
As an Authorised Payment Institution, GIS can provide payment service solutions in the UK as well as other European Economic Area ("EEA") states through a cross-border notification arrangement known as 'passporting’.
GIS can apply to establish a physical presence in any member state, for example opening an office, or using an agent based in that state, to provide cross-border services. This means GIS is better positioned for Brexit (in whatever form it may take) as well as providing further services to our clients.
Our approved Payment Services Activities are currently: