As you would expect we adopt the strictest of controls over all aspects of conducting business with you to ensure the security of your assets at all times.
We encourage the use of our nominee service – Secure Nominees Limited – to provide greater administrative efficiency and ensure security of client assets. Reducing the administrative burden in this way allows us to focus on what is most important to clients; service and performance.
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Secure Nominees Limited is a separately incorporated legal entity whose assets do not form part of Spearpoint’s balance sheet, assuring total "ring-fencing" of all assets at all times
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All assets are held with selected high quality custodians. Sterling cash is held with HSBC and Barclays, two of the largest banks in the world, whilst foreign cash is held by BNP Paribas, which has one of the strongest credit ratings of all banks. As required under local regulations, we have obtained written confirmation from our bankers and custodians that our "client asset accounts" are free of lien and cannot be used to offset any obligations incurred by Spearpoint Limited
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The company maintains substantial Professional Indemnity Insurance in excess of regulatory requirements, providing an additional layer of protection
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The company is subject to regular internal and external audits. Our external auditor is KPMG (one of the top four accountancy firms in the world)