Licensing & Registration

Information about obtaining a license to operate in Antigua and Barbuda's financial services sector.

Application Process

How to Apply for a License

1

Initial Inquiry

Contact FSRC to discuss your business plans and requirements

2

Pre-Application Meeting

Meet with regulatory staff to review licensing requirements

3

Application Submission

Submit completed application with all required documents

4

Due Diligence Review

FSRC conducts comprehensive review of application

5

Fit & Proper Assessment

Background checks on directors and senior management

6

License Decision

Commission reviews and makes final determination

License Categories

Types of Licenses

Banking License

For commercial banks, credit unions, and deposit-taking institutions

Minimum capital of EC$5 million
Fit and proper assessment
Business plan approval
AML/CFT compliance

Processing Time

90-120 days

Application Fee

EC$25,000

Insurance License

For insurance companies and intermediaries

Minimum capital requirements
Actuarial assessment
Reinsurance arrangements
Corporate governance

Processing Time

60-90 days

Application Fee

EC$15,000

Securities License

For securities dealers, advisers, and investment funds

Net capital requirements
Compliance officer appointment
Risk management framework
Client asset custody

Processing Time

45-60 days

Application Fee

EC$10,000

Corporate Services License

For registered agents and corporate service providers

Professional qualifications
Due diligence systems
Record-keeping procedures
Professional indemnity insurance

Processing Time

30-45 days

Application Fee

EC$5,000

Money Services License

For remittance services, currency exchange, and payment providers

Minimum capital
Agent management
AML/CFT program
Transaction monitoring

Processing Time

45-60 days

Application Fee

EC$7,500

Resources

Forms & Documents

Application Form - Banking

PDF

Application Form - Insurance

PDF

Application Form - Securities

PDF

Fit & Proper Declaration

PDF

Business Plan Template

DOCX

Fee Schedule 2024

PDF

Ready to Get Started?

Contact our licensing team for guidance on your application or to schedule a pre-application meeting.