substnz provides MiFID II license infrastructure as a service. Access regulated European distribution without building your own investment firm.
substnz Capital Partners GmbH is a BaFin-supervised investment firm (registry 157452) that provides MiFID II license infrastructure as a service. Licensed for investment brokerage (Anlagevermittlung) and advice (Anlageberatung), with cross-border passporting to 18 EEA markets. Placement agents and asset managers operate under this license as tied agents without establishing their own investment firm.
MiFID II (Markets in Financial Instruments Directive) is the European regulatory framework governing investment services. To provide investment brokerage or advice to professional investors in the EEA, you need either your own MiFID II license or access to one through a regulated firm.
substnz Capital Partners holds a BaFin license under the German Securities Institutions Act, which implements MiFID II in Germany. Through the EU passporting mechanism, this license extends across 18 EEA markets. We make this license infrastructure available to qualified placement professionals and asset managers as a service. The person or company appointed as tied agent must be established in Germany or another EEA country.
Licensed for investment brokerage (Anlagevermittlung) and investment advice (Anlageberatung) under the German Securities Institutions Act.
Cross-border access to 18 EEA markets through the MiFID II passporting mechanism. One license, pan-European reach.
Formal registration as a tied agent in the public register of the country where the agent is established. If that is Germany, the register is BaFin’s. Full regulatory transparency and legitimacy.
Complete regulatory operations including AML/KYC, client categorisation, conflicts management, regulatory reporting, and supervisory reporting.
Independent placement professionals operate under our license as tied agents. Focus on mandates and investors while we handle the regulation.
Fund managers seeking European distribution can leverage our license infrastructure for their placement teams, without the firm establishing their own regulated entity in the EU. The people appointed as tied agents must be established in Germany or another EEA country.
substnz holds the MiFID II license. Tied agents and distribution teams operate under this license with full regulatory coverage.
The license is passported across the EEA. You do not need your own investment firm authorisation. Depending on where your people are established, national notification or registration steps still apply, and substnz runs them.
substnz provides the required compliance infrastructure and supervisory oversight. All regulatory obligations are managed centrally.
You maintain full control over your client relationships, mandates, and commercial terms. The license is the infrastructure; the business is yours.
Our license infrastructure serves two groups: independent placement agents who want to operate in Europe without their own license, and asset managers who want to build European distribution without establishing a local regulated entity.
Our license covers investment brokerage (Anlagevermittlung) and investment advice (Anlageberatung) under the German Securities Institutions Act, the German implementation of MiFID II.
MiFID II allows a firm licensed in one EEA member state to provide services across the entire EEA through a notification process. Our BaFin license is passported to 18 European markets, giving our tied agents access to the same markets.
Yes. Asset managers can have their in-house distribution professionals operate under our license to market their funds to professional investors across Europe. This is particularly relevant for non-EU managers seeking EEA market access.
Contact us to explore how our license framework can support your European distribution strategy.