Documentation Required to Make an Application for Authorisation
Applicants should submit the following documentation, which should be fully completed:
1. Application for Authorisation as a Payment Institution including the specific information and documentation requested therein.
2. Anti-Money Laundering, Counter-Terrorist Financing and Financial Sanctions Pre Authorisation Risk Evaluation Questionnaire for Payment and Electronic Money Institution Applicants
3. Qualifying Holder Application Forms, as appropriate:
a) Application for Legal Person or other entity type with a Qualifying Holdings in an Applicant Payment Institution or Electronic Money Institutions
b) Application for a Natural Person with Qualifying Holding in an Applicant Payment Institution or Electronic Money Institution
c) Application for a Director with Qualifying Holdings in an Applicant Payment Institution or Electronic Money Institution
Once an application is submitted the applicant will also need to ensure that all relevant individuals proposed to hold a Pre-Approval Controlled Function role (typically board members, senior management, key function holders) complete Fitness and Probity Individual Questionnaires.
Individual Questionnaires must be submitted electronically via the Central Bank’s Online Reporting System by all relevant individuals. Applicants should review the Guidance on the sector specific requirements that apply to persons seeking approval for a Pre-Approval Controlled Function role in a Payment Institution or Electronic Money Institution in advance of submitting an Individual Questionnaire. Please note that access to the online Individual Questionnaire only becomes available after an application has been deemed to contain all the key information needed to progress to the assessment phase of the application process.
The completed Application Form, along with all relevant accompanying material, should be submitted in electronic format to the Central Bank via our secure file transfer system. Please request access via email to applications@centralbank.ie.
Documentation Required to Make an Application for Registration
Applicants should submit the following documentation, which should be fully completed:
1. Application for Registration as an Account Information Service Provider including the specific information and documentation requested therein.
Once an application is submitted the applicant will also need to ensure that all relevant individuals proposed to hold a Pre-Approval Controlled Function role (typically board members, senior management, key function holders) complete Fitness and Probity Individual Questionnaires.
Individual Questionnaires must be submitted electronically via the Central Bank’s Online Reporting System by all relevant individuals. Applicants should review the Guidance on the sector specific requirements that apply to persons seeking approval for a Pre-Approval Controlled Function role in a Payment Institution or Electronic Money Institution in advance of submitting an Individual Questionnaire. Please note that access to the online Individual Questionnaire only becomes available after an application has been deemed to contain all the key information needed to progress to the assessment phase of the application process.
Subject to certain exempting criteria, AISPs come within the definition of a ‘designated person’ under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). AISPs that are classed as a ‘designated person’ under the CJA 2010 are subject to all of the AML/CFT obligations contained under Part 4 of the legislation. Accordingly, those AISPs that come within the definition of a ‘designated person’ should ensure that they are in compliance with all of their AML/CT obligations under the CJA 2010.
The completed Application Form, along with all relevant accompanying material, should be submitted in electronic format to the Central Bank via our secure file transfer system. Please request access via email to applications@centralbank.ie.