Systems, data flows, access and incidents
Map architecture and providers; protect permissions and data quality; test outages and recovery.
Explore workstream →REGULATORY TOOLS / OPERATIONAL READINESS
Authorisation is a milestone. The operation has to work.
Building a regulated financial service requires more than a convincing application. People, systems, processes and controls must work together before the first client transaction and thereafter. This section maps the dependencies, decisions and tools on the path to operating readiness.
From business model to operational launch
Select a stage. The seven workstreams below show what must be built and checked beyond the application.
Seven workstreams, one operating model
Each area produces its own evidence. The key question is whether the areas work together under real conditions.
From client contact to reporting
Design onboarding, assessments, order flow, reconciliation, complaints and reporting as end-to-end processes.
Explore workstream →Skills, accountability and cover
Appoint capable management and function holders; secure training, deputies and clear decision rights.
Explore workstream →Turn accountability into structure
Connect management, control functions, outsourcing and decision bodies so risks become visible.
Explore workstream →Make requirements work in daily operations
Bring risk, conflicts, compliance, audit trails and ongoing monitoring into a coherent framework.
Explore workstream →Plan resources for a sustainable operation
Align required funds, liquidity, provider costs and growth scenarios with the business plan.
Explore workstream →Align mandates and client information
Align service scope, authority, terms, risk information and changes with the actual client journey.
Explore workstream →Assessments where client journeys take shape
Appropriateness and suitability are part of onboarding, client relationships, technical implementation and contracts. The interactive examples appear within those workstreams.
Connection to the Pathfinder
The Pathfinder helps classify a proposed business model. This section examines the next step: implementation and a controlled start of operations.
Open initial assessment →Regulatory context
This map illustrates typical investment services in Germany. It is neither an exhaustive checklist nor a supervisory sign-off. Other activities may have different obligations.
MiFID II · Art. 16DORAESMA · Copy TradingDid you know?
From the Pathfinder
Business concept
How an app can become an activity that requires permission.
Have you explored?
Across our tools & projects
Fit & Proper · skills matrix
Prepare management profiles and collective suitability reviews.
International market entry / Germany
Is Germany your next market?
Considering a local office, a branch or a standalone authorisation in Germany? The appropriate route depends on your home jurisdiction, activities and operating model. 3RMCN combines experience from complex supervisory projects with product, technology and delivery expertise: from entry strategy and key interfaces through to operational readiness.
Discuss your plans ↗Supervisory perspectives
Familiar with several regimes
Experience in the context of CySEC (Cyprus), MFSA (Malta), FCA (United Kingdom), the European ESMA framework and MAS (Singapore). ESMA is not a national licensing authority.
International structuring
Incorporating offshore?
For incorporation in offshore jurisdictions, relevant specialists from the network can be involved. Jurisdiction, activities and regulatory obligations need to be considered for each project.
REGULATORY MONITORING
Regulatory Timeline
BaFin, ESMA and the EU since 2018: publications with references, status, application dates and official sources.
WHAT COMES NEXT
Regulatory Outlook
Consultations, legislative proposals and upcoming application dates, with their status and official sources.
FROM APPLICATION TO OPERATIONS
Project Management for Authorisation
How project leadership connects counsel, business, vendors, budget and operational readiness.