Application dossier · § 15 WpIG checklist

Classify all requested investment services, ancillary activities and own-account business precisely.

The authorisation scope must match the actual service.

Activity map by client group, instrument, contractual party and workflow; trading and banking book distinction where relevant.

Assess possible exemptions or EEA market-access routes with reasons.

One exemption cannot be inferred from a label or single task.

Analysis of conditions, boundaries and combined activities, identifying open questions.

Consider firm size, client-asset access and own-account activity.

Classification determines capital and organisational requirements.

Reasoned classification, proposed authorisation restrictions and calculation of relevant capital.

State identity, seat, legal form, contacts and requested activities.

Supervisors need to identify the applicant and proposed business.

Application form, current company data, register extract or certified incorporation papers and relevant articles and management rules.

Provide and evidence available initial own funds.

The firm needs a sound capital base at launch.

Capital calculation and source; EEA CRR bank confirmation of paid-up, unencumbered funds available to managers; recent auditor confirmation for existing firms.

Disclose direct and indirect owners, qualifying holdings and close links.

Reputation, influence and effective supervision must be assessable.

Ownership chain, beneficial owners and required shareholder evidence; if no qualifying holding, identify up to 20 largest shareholders.

Make close links and third-country relationships transparent.

Complex groups must not impede effective supervision.

Group chart, control rights, legal and practical information flows and third-country links.

Show reputation, competence, management experience and sufficient time.

The service needs leaders who can actually direct it.

Month-by-month complete, dated and signed CV; mandates, time allocation, declarations and register extracts as required.

Evidence the required number of managers and collective capabilities.

Key-person concentration can overwhelm leadership and controls.

Allocation of responsibilities and skills; assess two non-honorary managers where client money or instruments may be held.

Name relevant bodies and people with suitable expertise and availability.

Supervisors assess the capacity to govern and oversee the business.

Member list, functions, qualifications, time commitment and relevant key-function holders where applicable.

Explain services, target clients, markets, channels and processes coherently.

Supervisors need to see that business model and organisation fit together.

An initial three-year programme and end-to-end client journey from marketing and onboarding to orders, settlement, reporting and complaints.

Make financial assumptions and likely business development understandable.

Capital needs and continuity must fit the proposed service.

Reasoned revenue, cost, capital and liquidity projections, assumptions and scenarios as required for the application.

Explain structure, functions, deputies and reporting lines.

Supervisors need to know who fulfils operating and control obligations.

Organisation chart, functional and process ownership, controls, staffing and provider boundaries.

Describe internal controls, conflicts and oversight.

Breaches and risks must be detected and corrected.

Risk inventory, controls, roles, escalation and review functions appropriate to the firm.

Describe client information, terms, suitability or appropriateness journeys and safeguarding, where applicable.

The promised service must match actual client treatment.

Sample contracts and screens; risk, cost and conflict information, client-data collection and client-asset arrangements.

Describe systems, data flows, providers and continuity.

Digital services must remain controlled and resilient.

System map, access controls, critical providers, monitoring and recovery plan.

Map every subject in the Delegated Regulation and standard form.

The guidance is not exhaustive; missing required information delays review.

Submission index linking each required field to exhibit, owner and reasoned non-applicability.

Use the prescribed standard forms and relevant change notices.

The application follows binding form requirements.

Completed authorisation form and management-body list; change form where relevant, consistent with supporting documents.

Check delivery channel, copies, evidence form and language.

Authorities need usable, secure evidence in the required form.

Package addressed as set out in the guidance; original/certified material, secure electronic delivery and signed original power of attorney when applicable; agree English documents in advance.

Handle changes after filing and additional information requests coherently.

The decision must rest on a current, consistent application.

Versioned follow-ups, change log, owners, deadlines and cross-references to affected exhibits.