Security of Client Funds

How OSTC Foreign Exchange fulfil their Compliance and Regulation responsibilities?

  • OSTC Foreign Exchange Limited is authorised by the Financial Conduct Authority under the Payment Service Regulations 2009 (No 588884) for the provision of payment services.
    OSTC Foreign Exchange Limited thus ensures client funds are kept separate from the company's funds.
    The UK's Payment Services Regulation 2009 further ensures that client funds are insulated and safeguarded against the claims of other creditors in the event of insolvency.
  • OSTC Foreign Exchange is a Registered Money Service Business (MLR No: 12691848) regulated by HM Revenue and Customs. OSTC Foreign Exchange has implemented an anti-money laundering (AML) policy that is designed to comply with required HMRC anti-money laundering rules as a minimum standard as well as with all laws, regulations, and guidance relating to the prevention of money laundering, terrorist financing, and related financial crimes
  • As part of its anti-money laundering and anti-terrorist compliance structure, OSTC Foreign Exchange takes steps to ensure that it complies with all embargo regulations applicable globally. As a result OSTC FX maintains lists that are compiled on the basis of multiple sources, including the HM Treasury Asset Freezing Unit, the European Central Bank (ECB) and the Office of Foreign Assets Control (OFAC).

For more information on the Payment Services Directive and our company's required levels of governance please click here.


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