Safeguarding measures
Emerald24 has implemented appropriate safeguarding arrangements to ensure that clients’ funds are properly identified and segregated upon receipt. Such funds are either deposited into separate safeguarding accounts with authorised credit institutions or invested in secure, liquid, low-risk assets in accordance with applicable regulations. Where invested, the assets are held in separate accounts with custodians authorised in the United Kingdom.
Funds are safeguarded by the end of the business day following the day on which they are received.
We exercise due skill, care and diligence in the selection, appointment and periodic review of the credit institutions and custodians involved in Emerald24’s safeguarding arrangements.
It is important for clients to understand that funds held with Emerald24 do not benefit from protection under the Financial Services Compensation Scheme (FSCS). However, our strict adherence to regulatory requirements is designed to ensure the safety and liquidity of funds held in electronic money accounts.
For more information about the FSCS, please visit: https://www.fscs.org.
Should you have any questions or require further clarification, please do not hesitate to contact us.