Hi @jamesbrierley, thanks for checking in! We are hopeful that we will receive our authorisation with restrictions (AWR) in the next 3-6 months. That’s when the mobilisation phase starts. Some of the critical IT functions can only be built during that time. In particular the connectivity with FPS and BACS payments schemes and the current account switching service are blocked by AWR. It’s a lot of work 
To give you a rough estimate, I’d be very happy if we got the full licence by the end of the year!