Regulatory Alerts2023-12-05
Added · Updated
Practical guidance on the licensing of credit institutions under Belgian law
Credit institutions incorporated under Belgian law must obtain authorization from the European Central Bank to carry out activities, with the National Bank of Belgium serving as the first point of contact. The licensing process requires submission of a complete application via the ECB’s IMAS portal and is subject to a standard assessment period of six to twelve months. Applicants must ensure their files are accurate and complete, and may face rejection or conditions if statutory requirements are not met.
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