Decide whether the intended activity requires VASP registration, what overlaps arise and whether Georgia fits before costly implementation begins.
Why this workstream matters
Map the customer journey, custody/control, instructions, fiat and virtual-asset movement, platform functions, counterparties, countries and revenue. Test VASP scope alongside payment, securities/investment, lending, token, data and sanctions questions.
Principal deliverables
- Classification memo
- Product and flow map
- Country and customer matrix
- Owner and group screen
- Regulatory overlap analysis
- Gap report and launch roadmap
How it connects to the application
Outputs must be consistent with the ownership structure, product and information flows, providers, business plan, staffing assumptions, policies and system behaviour. Any inconsistency should be resolved before filing or implementation.
Client inputs and dependencies
We confirm required founders, group records, product documentation, vendor information, system access, markets, transaction assumptions and responsible client personnel during scoping. The proposal separates adviser work, client responsibilities and third-party costs.