Checklists
for Fintechs
Practical step-by-step guides to ensure your FinTech innovation meets all SEC incubation requirements—from first-look assessment to sandbox operations
Embarking on the SEC’s incubation pathways can feel complex—multiple forms, fees, technical schematics, and legal attestations. Our carefully distilled checklists help you:
- Understand exactly what’s required at each stage
- Gather and organize all necessary documents before submission
- Anticipate key regulatory controls, reporting obligations, and exit criteria
- Streamline your application so it’s reviewed quickly and accurately
Whether you’re a fintech newcomer or an experienced Digital Asset Service Provider, these checklists are your roadmap to a compliant, transparent, and efficient incubation process.
Accelerated Regulatory Incubation Program (ARIP) Checklist
Aimed at Virtual Asset Service Providers (VASPs) and Digital Investment Service Providers (DISPs), this checklist translates the ARIP Framework into an actionable guide. You’ll find clear steps on eligibility, documentation, controls, reporting, and transition to full SEC registration.
Key Sections at a Glance:
- Preamble & Legal Authority
- Purpose & Objectives
- Definitions & Applicability
- Eligibility Criteria
- Application Process
- Required Documentation
- Fees & Financial Requirements
- Reporting & Monitoring
- Controls, Conditions & Restrictions
- Termination & Suspension
- Operational Plan Requirements
- Transition to Full Registration
- Penalties & Sanctions
- Confidentiality
Important Notes for Regulatory Incubation Applications
Before you submit your full RI Application, this checklist ensures you’ve completed your Initial Assessment and assembled every document and plan required for a smooth review:
Checklist Highlights:
- FinTech Initial Assessment completion & discussion
- Processing Fee
- Corporate Documents
- Financial Evidence
- Business Schematic & Plan
- Risk Management Framework
- Exit & Transition Plan