Osborne Clarke - Netherlands has assisted Fiat Republic Netherlands B.V. in securing their e-money institution licence from the Dutch Central Bank. This landmark achievement authorises Fiat Republic to offer electronic money and payment services across the Netherlands and the broader European Union.

Fiat Republic stands at the forefront of financial innovation, striving to seamlessly integrate conventional banking services into the crypto domain via a sophisticated application programming interface (API). Their mission extends to elevating onboarding and compliance benchmarks across the cryptocurrency landscape. Notably, this is the inaugural e-money institution licence awarded in the Netherlands to a service provider dedicated exclusively to cryptocurrency platforms.

Commenting on the acquisition of the licence Adam Bialy, CEO & Co-Founder of Fiat Republic said “Obtaining the e-money licence in the Netherlands was a big milestone for us - it has solidified our reputation as a trusted banking platform. Having the support of Osborne Clarke gave us the edge in navigating this very complex process"

Rooted in the UK, Fiat Republic is a subsidiary of Fiat Republic Ltd, which holds an e-money licence from the Financial Conduct Authority (FCA).

The Osborne Clarke team in Amsterdam, led by Juliet de Graaf, benefited from the expertise of Johannes de Jong, Gijs Versteegh, Anka Langedijk, Jet Francke (focusing on financial regulatory matters), Joanne Zaaijer, Gianna Hendriks (specialising in GDPR), Wyke Schilstra (employment law), Cees Graafland (taxation), and Eveline Leijen (notarial services).

Osborne Clarke's impressive client portfolio and its stature as a revered advisor to trailblazing, tech-oriented clients have been pivotal in a series of significant financial regulatory licence applications. These encompass diverse areas such as payments and e-money (PSD2/2EMD), investment funds (AIFMD and UCITS), and investment firms (MiFID2).

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