December 2, 2025 · 1 min read · Harlyz Advisory
The three variables that matter most
- Regulatory intensity: how strict governance and capital requirements are.
- Market access: where the license enables you to operate.
- Operational cost: staffing, substance, and audit expectations.
A practical comparison approach
Build a matrix that maps each jurisdiction to your target markets, product model, and timeline. This keeps decisions grounded in evidence, not assumptions.