Tesco PLC Trade ensures the safety of client funds and consumer protection as per the applicable laws and regulations. Thus, the measures that Tesco PLC Trade
undertakes include the following:
- Segregation of clients' funds
Clients' funds get transferred to the Company's segregated client bank account. These funds are off balance sheet and cannot be used to pay creditors in the unlikely event of Company insolvency.
We maintain client and operational bank accounts with banking institutions of great repute.
- Supervision by the regulator
We are obliged to meet strict financial requirements. We are thus required by law to maintain sufficient liquid capital to cover clients' deposits, possible fluctuations in the Company's currency positions, and any outstanding costs.