What DLK delivers with the TPP license

PREPARATION STAGE

• assessment of entity and service compliance with TPP license requirements (procedures and policies, capital and funds, models of cooperation with partners, user agreements and regulations)
• corporate set-up or implementation of corporate changes (share capital increase, changes in company bodies)
• legal qualification of services in terms of assigning them to specific payment services
• development of service descriptions and schematic diagrams

APPLICATION DOCUMENTATION STAGE

• model program of activity and financial plan for the first 3 years of activity to be completed by the Employer in terms of figures and specific solutions and intentions
• model internal procedures (risk management, internal control, security strategy, BCP, incident management, complaints, organization and management, ethics, in case of AIS + PIS and PISPO additionally: AML/CFT, statistics, outsourcing) to be approved by the Principal and supplemented for specific solutions
• model framework agreement (regulations) for the provision of payment service
• assistance in operationalizing the model documentation
• dedicated forms for managers to collect warranty information (education, experience, history)
• in the case of AIS + PIS and PISPO: forms dedicated to the Employer’s shareholders for collecting warranty information (education, experience, history)
• guidance on the documentation needed to be collected by the Principal (certificates, statements, documents)
• assistance in obtaining insurance/guarantees
• for AIS + PIS and PIS only: model outsourcing or agency agreement;
• application to the supervisory authority for authorization (registration) of the TPP

PROCEEDING STAGE

• periodic communication with the authority as to the progress of the case
• drafting a response to a request for additional explanations and documents
• execution of adjustments required by the authority during the proceedings
• obtaining a license (including obtaining formal confirmation of receipt of a license with the establishment of a license date)

START-UP STAGE

• assistance in updating information in registries, letters, websites
• guidance on filling all positions and functions, as well as registry changes
• workshop on the execution of internal procedures
• instruction on payment of supervisory fees
• instruction on carrying out reporting and reporting obligations