Client Money and Asset Protection

At GTN Europe Financial Services Limited (“GTN Europe”), we are committed to safeguarding our clients’ assets and money. GTN Europe is a registered company in England & Wales and regulated and authorised by the UK Financial Conduct Authority (“FCA”). GTN Europe holds the appropriate permissions to hold and control client money and assets and is subject to the FCA’s rules relating to Client Assets.

Under the FCA’s CASS rules (Client Assets Sourcebook), client money entrusted to GTN Europe is held in trust in segregated bank accounts, while client assets are similarly held in segregated custodian accounts. The stringent segregation requirements and strict safekeeping standards mandated by the CASS rules ensure that client funds and assets remain distinct from the firm’s operational funds, meaning that, in the unlikely event of any default by GTN Europe, client money and assets would be directly accessible to them, rather than becoming unsecured creditors of the firm.

In accordance with the standards mandated by CASS, GTN Europe conducts comprehensive ongoing reconciliations of client bank and custodian accounts, with stringent due diligence performed on the banks and custodians that hold client money and assets.  This due diligence process is maintained on an on-going basis.  Banks and custodians are chosen, amongst other things, on the strength of their balance sheet, their credit rating and risk outlook.

Additionally, GTN Europe submits monthly Client Money & Assets Returns to the FCA and undergoes Client Money & Asset annual audits by independent auditors, which are then reported to the FCA.

Please refer to your Terms and Conditions for more information.