When will Monzo's banking restrictions be lifted?

Apologises if this has been asked already, but when do Monzo expect their banking restrictions to be lifted? I can see it’s planned for 2017, do we know a more specific timeframe?

The latest update from Jonas @ Monzo, 11 days ago -

I think current accounts will be launched soon after, if not immediately after acquiring the full banking license. So can expect it around about the same time.

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