Two specialised arms, one coherent licensing framework.
The Neves Licensing Authority (NLA) provides a structured licensing framework
for activity conducted in or from Neves. Licensing is organised through two
specialised arms: the Neves Financial Services Authority (NFSA) for financial
services and markets, and the Neves Gaming Authority (NGA) for remote gaming
and betting.
NFSA – Financial services, markets & institutional structures
NGA – Remote gaming, betting & player safeguards
Detailed criteria, categories, documents, and fees are set out on the NFSA and NGA licensing pages. This overview is a starting point.
Use the dedicated NFSA and NGA family pages for detailed category routes.
Licensing under the Neves Licensing Authority
NLA licensing is intended for firms that wish to carry out defined financial services
or remote gaming activity in or from Neves, in a way that is visible to clients,
players, and counterparties as being subject to the Neves licensing and oversight
framework.
The framework is designed to give legitimate firms clear entry conditions, ongoing
expectations, and a structured way to demonstrate that they are taking governance,
conduct, and risk seriously.
In broad terms, NLA licensing:
Defines which activities fall within NFSA or NGA scope and require a License or approval.
Provides a structure for how applications are assessed for each License family.
Sets out high-level expectations for owners, key individuals, and governance.
Requires firms to put in place appropriate policies, systems, and controls.
Creates a basis for ongoing oversight once licensed.
Activity-basedRisk-awareClient- & player-focused
NFSA
Neves Financial Services Authority
Financial services & markets
NFSA is the financial services arm of NLA. It focuses on licensing and ongoing
oversight for firms that provide financial services or markets-facing activity
in or from Neves. This includes trading, payments, digital banking, funds,
asset-holding, and related support services.
Proprietary trading programmes and internal prop desks.
Payment Service Providers (PSPs) and Electronic Money Institutions (EMIs).
Digital banking structures focused on deposits and lending.
Digital asset venues and intermediaries.
Fund management, pooled investment, and investment advisory.
MSBs, custodians, trustees, insurance, and TCSP services.
NGA
Neves Gaming Authority
Remote gaming & betting
NGA is the dedicated arm for remote gaming and betting Licenses. It focuses on
fair play, technical integrity, player safeguards, and responsible gaming across
licensed operators that use Neves as a hosting or operational base.
Online casino and RNG-based platforms.
Sportsbook and e-sports wagering.
Remote gaming operators and network arrangements.
Game testing, certification, and related technical services.
Responsible gaming frameworks and player protection measures.
Capital markets & dealing, Forex & CFD brokers, proprietary trading
and digital asset venues.
NFSA – Payments, wallets & banking
PSP Licenses, EMI / stored-value Licenses, and digital banking Licenses for
deposit and lending activity.
NFSA – Funds & advisory
Fund Management H1, MAM / PAM pools, collective vehicles, and investment
advisory structures.
NFSA – MSB & support services
MSBs, custodians, trustees, insurance, and TCSP Licenses for wider group
and project structures.
NGA – Remote gaming & betting
Online casino, RNG platforms, sportsbook, e-sports, and structured networks
operating from or in Neves.
NGA – Technical & player safeguards
Game testing, certification, platform integrity, and responsible gaming
frameworks designed to protect players.
Eligibility and expectations (high-level)
Specific criteria differ between NFSA and NGA Licenses, and between License
categories, but there is a common set of themes that all applicants should
be prepared to address.
Owners & controllers
NLA expects owners and persons with significant influence over the firm to be
suitable, with a clear and transparent ownership structure.
Clear identification of ultimate beneficial owners (UBOs).
Sources of capital and funding understood.
No material concerns about integrity or conduct.
Key individuals
Individuals in key roles should be competent and able to dedicate sufficient
time to their responsibilities.
Relevant experience for the role and business model.
Understanding of the firm’s products, services, and risks.
Clear allocation of responsibilities within the firm.
Governance & decision-making
The governance structure should be appropriate for the size, complexity, and
risk profile of the firm.
Defined decision-making arrangements.
Regular oversight of key risk and performance areas.
Ability to identify, challenge, and escalate issues.
Risk management & controls
Applicants should be able to explain how they identify, manage, and monitor the
main risks in their business.
Documented policies and procedures.
Control checks proportionate to the activity and scale.
Arrangements for periodic review and improvement.
AML / CFT & client / player protection
Appropriate arrangements should exist for AML / CFT and for protecting clients
or players, aligned to the firm’s business model.
Risk-based AML / CFT approach and ongoing monitoring.
Basic client or player protection measures where relevant.
Clarity on how client or player-related risks are addressed.
Use of Neves & local arrangements
Applications should explain how Neves fits into the business model and what
presence is maintained in the jurisdiction.
Clear rationale for selecting Neves as a base.
Information on local service providers or Registered Agents.
Awareness of how the Neves connection is presented to clients, players, and partners.
The application journey (overview)
Structured and predictable, with room for clarification where needed.
The application process is designed to be structured and predictable, while
allowing for dialogue where clarification is needed. The outline below is a
general description and may vary depending on the License family, category,
and complexity of the application.
Step 1
Initial scoping
Consider whether the business model falls mainly under NFSA or NGA. Identify
the most likely License category or categories using public materials and,
where needed, initial enquiries.
Step 2
Preparation of documents
Compile core information on owners, key individuals, governance, business
model, risk management, AML / CFT, and use of Neves.
Step 3
Submission & completeness check
Submit the application through the appropriate channel, often via a
Registered Agent. An initial completeness check is carried out, and NLA
may request clarifications or additional information.
Step 4
Assessment & outcome
NLA assesses the application against the relevant NFSA or NGA criteria and
informs the applicant of the outcome, including any conditions or limitations
that may be attached to the License.
This overview is not a procedural manual. Timeframes, information requirements,
and interaction points can differ between NFSA and NGA Licenses and between
individual categories.
Licensing administration & controls
Internal hub layer for hidden framework pages.
The broader licensing framework includes administrative pages that explain how License status is interpreted, how changes are handled, how approvals are evidenced, and how review pathways operate after the initial grant stage.
License Application Process
Detailed process flow, information requirements, submission discipline, and review pathway for formal applications.
If your main activity is financial services, markets, payments, wallets, digital
banking, funds, custody, MSB, or corporate services, begin with NFSA Licensing.
If your primary focus is remote gaming or betting, begin with NGA Licensing.
