Regulatory License & Registration
PRC license and registration.
The UK Financial Services Authority (FSA) is the most complete and sound financial institution in the world. The Financial Services Authority (FSA) strictly regulates all financial services institutions registered in its territory. Since 2013, the FSA has been replaced by two new regulators: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). The regulatory authority for the broker will be transferred from the FSA to the FCA. Responsible for overseeing banking, insurance and investment, including securities and futures.
The Cyprus Securities Regulatory Commission is the full name of Cyprus Securities and Exchange Commission, abbreviated as "CySEC", and is the financial regulator in the Republic of Cyprus. Since Cyprus has always been a member of the European Union, the CySEC has become an important part of the European Union's Financial Instruments Markets Regulations (MiFID ll and etc). CySEC strictly follows the EU Financial Instruments Market Law and imposes administrative sanctions and severe penalties on brokers, brokerage firms, investment advisory companies and other legal or natural persons who violate the rules and regulations of the Cyprus securities market.
PRC is committed to the safety of client funds, and our client funds are always deposited in regulated independent bank accounts, including Barclays International Bank, HSBC Bank and Deutsche Bank. The company's assets and customer funds are separated and stored to ensure the safety of client funds. In order to maximize the security of the client's funds, PRC has also joined the investor compensation fund to ensure that each retail customer will receive up to 20,000 euros in compensation when the company goes bankrupt or is unable to meet its financial obligations. PRC20 years as a day adhering to customer funds safety first, conscientious service customers. This is the basis for creating a good reputation for PRC and the root of absolute trust from customers and partners.