We help UK financial services firms understand, negotiate and draft clear legal documentation
About Us
Business owners, boards of directors and heads of compliance need advisers that understand their industry and speak plainly. We slice through the jargon so that our clients know what their legal documentation really says, our clients comprehend their obligations, what they are signing up to and what they are asking others to sign.
Creed Solicitors works with payment institutions, electronic money institutions, firms that sell currency options, start-ups and large institutions.
Payment Institutions are under increasing scrutiny by the Financial Conduct Authority (FCA). Do you need a solicitor who knows the industry and speaks in Plain English?
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Electronic Money Institutions must protect their legal risk in a shifting technological landscape. Do you need straightforward legal advice on the relevant regulations?
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Currency Options firms are obliged to comply with a raft of new and existing regulations and make business decisions based on them. What questions do you have?
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Startups must move fast. Securing investment. Hiring teams. Developing products. Scaling up. Which contracts, agreements and policies do you require?
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Know How
- PRA expand deposit protection: What it means for EMIs & PIs
On 31st March 2023, the Prudential Regulation Authority (PRA) published policy statement PS2/23. The statement, in conjunction with the amendments made in PRA23/1, finalised … Read more - Authorised push payment fraud: Important Consultation
The Payment Systems Regulator (PSR) is proposing new measures to fight payment scams – and the Regulator issued a consultation paper (CP22/4) in September … Read more - Is your online platform a regulatory risk to your business?
Does your payment institution (“PI”) or electronic money institution (“EMI”) have an online platform whereby its customers can: view the balance of their payment … Read more - 3 steps to that ensure your payment institution’s or electronic money institution’s outsourcing contracts comply with the FCA’s requirements
Outsourcing is a valuable tool and often critical in the operation of payment institutions and electronic money institutions. Given its importance, it is no … Read more
Clients who have benefitted from our advice
