Following an application prepared and submitted by the AGP Regulatory Services team, on the 20th of October 2015 the Central Bank of Cyprus granted to our client, OKPAY, the authorization to operate as Electronic Money Institution in Cyprus and in the EU, according to the provisions of the Electronic Money Law of 2012.
We, as AGP, are proud to have consulted and represented OKPAY on all the steps of its licensing procedure, contributing thereby to its successful licensing.
Information on the AGP regulatory services on EMI licensing can be found here.
OKPAY is a leading electronic payments and e-wallet institution; information on OKPAY CY Ltd can be found here.
If you have any questions regarding the licensing procedure, you can get in touch with the AGP Regulatory and Financial Services Advisory.