What steps are needed to establish a bank in the United Kingdom?

Asked Mar 10, 2014· 1 answer ·Developed Markets, EMEA, Europe, United Kingdom, Western Europe
Faisal KhanAnswered Mar 10, 2014
You would need to contact the Financial Services Authority (FSA) in UK to obtain a Banking license (See http://www.fsa.gov.uk/doing/do) for more information.

In addition to this, you also need to get registered and licensed from Bank of England See http://www.bankofengland.co.uk/P... for more information.
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