While regulation is not the most exciting part of your investment journey, it is certainly one of the most important. You would not want to drive a car that had not passed its MOT, and this logic applies to financial services too, where a great deal of the regulation exists for investor protection.
Good financial relationships are built on trust, so you should feel secure in the knowledge that we strictly adhere to all regulation and best practice guidelines set forth by the Financial Conduct Authority (FCA). You can find us on the FCA register (FCA No.: 779660) and we have what is called “Appointed Representative” status. This means that we sit under our principal firm, Consero Capital LLP (FCA No.: 570728), who are authorised and regulated by the FCA, and thus we are granted certain permissions such as arranging investments. In addition to managing compliance in house, we also utilise an external compliance team who act in a consultative role and have a degree of oversight in our regulatory process.
It is important to note that our investments themselves are not regulated and are not covered by the FSCS. We are also not regulated to give investment advice, and so it is therefore important that you seek financial advice if you do not understand any aspects of an investment product before proceeding.
How does our regulation affect you?
There are a few points throughout the investment process where this regulation will affect you as an investor:
- Before you are able to invest with us or receive information about our investment products, we need to make sure that they are appropriate for you. We consequently employ a three-step process to establish that you are happy to make your own investment decisions, understand the terms and that there is no coverage by the Financial Services Compensation Scheme (FSCS), and are aware that investments carry risk – you can read more about the general risks that apply to our investment opportunities here.
- During the application process we are required to see a proof of address and proof of identity, and on receipt of these we run an identity verification check. This is in order to comply with anti-money laundering regulation.