Regulatory Status
What the operator is authorised to do, stated so that nobody can mistake software for a licence.
Before you rely on this
This document is a drafting framework prepared for a platform that is not yet trading. It has not been reviewed by qualified counsel in any jurisdiction, and it must be before it is relied upon by anybody.
This is the page to read before assuming anything about the platform’s regulatory position. It is deliberately blunt.
1. Authorisation
LEGAL ENTITY NAME holds AUTHORISATION STATUS. Where an authorisation is held, it is registered as REGISTER ENTRY NUMBER and can be verified directly on the regulator’s own register rather than taken from this page.
Until that line names a specific permission granted by a specific regulator, the correct reading is that no authorisation is held and none should be assumed.
2. Providing software is not being authorised
The platform is a technology provider to firms that carry out regulated activity. Our customers hold their own permissions. Nothing about being a customer of ours confers any permission on anybody, and nothing on this site should be read as suggesting otherwise.
3. Financial promotions
Material about a specific instrument is published by its issuer and is that issuer’s financial promotion. Approval of a promotion, where the law requires it, is the issuer’s responsibility. We do not approve promotions and we do not verify the material.
4. Nothing here is an offer
No page on this site constitutes an offer or solicitation to buy or sell any instrument, in any jurisdiction, to any person. Nothing here is directed at any person where it would be unlawful to direct it at them.
Before this page is published
The highlighted terms above are facts about a specific legal entity that this draft does not know. Each must be supplied, and the whole document reviewed by qualified counsel, before anybody relies on it.
- AUTHORISATION STATUS — whether the operator holds any licence, and from whom
- REGISTER ENTRY NUMBER, if any, and a link to the regulator’s own register
- PERMITTED ACTIVITIES as authorised, if any
- JURISDICTIONS in which the platform is offered, and those where it is not