SAFEGUARDING MEASURES
EMERALD has implemented appropriate safeguarding measures to ensure that clients’ funds are properly identified and segregated upon receipt. These funds are then either deposited in separate accounts with authorised credit institutions or invested in secure, liquid, low-risk assets. The assets are specifically placed in separate accounts with custodians authorised by the FCA in the UK. The funds are safeguarded by the end of the business day following the day the funds were received.
We exercise due skill, care, and diligence in selecting, appointing, and periodically reviewing the credit institutions and custodians involved in EMERALD’s safeguarding arrangements. It’s important for our clients to understand that funds held with EMERALD do not fall under the protection of the Financial Services Compensation Scheme (FSCS). However, our strict adherence to regulations is designed to ensure the safety and liquidity of the funds deposited in electronic money accounts.
For more information, please visit https://www.fscs.org.uk/.
Should you have any questions or require further clarification, please do not hesitate to contact us.