Safeguarding Accounts

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We help firms secure safeguarding arrangements across all three FCA-recognised methods, and manage the process end-to-end.

Where our structuring and onboarding guidance is followed, we are able to introduce firms to safeguarding providers with a high likelihood of acceptance, significantly reducing the time and uncertainty typically involved.

What we do

Most firms come to us with a simple question:  “Can you get us a safeguarding account?”

The answer is yes and we have a tried and tested process for achieving this. We:

• Assess your business model and regulatory position
• Structure your safeguarding approach in line with FCA expectations
• Prepare you for onboarding (documentation, flows, controls)
• Introduce you to appropriate safeguarding providers
• Support the process through to account approval and go-live

This ensures you are not just introduced, but accepted and operational.

Safeguarding methods

There are three primary methods of safeguarding under the FCA regime, and we support firms across all of them:

• Segregation via safeguarding bank accounts
• Investment in secure liquid assets (SLA structures)
• Insurance or comparable guarantee arrangements

Each method comes with different regulatory, operational, and commercial considerations. We ensure the chosen approach is appropriate and implementable.

Market access and partnerships

We have established relationships across the safeguarding ecosystem, including:

• Safeguarding bank account providers (UK and EEA)
• Secure liquid asset (SLA) structures, including high-yield arrangements
• Insurance and guarantee providers

We are also the preferred safeguarding audit partner for a number of providers, meaning we understand exactly what is required to secure approval.

Operational accounts

We also support firms in securing operational and FX accounts, including for higher-risk models where access can be more limited.

End-to-end support

We don’t just make introductions — we ensure safeguarding arrangements are:

• Operationally workable
• Aligned to FCA expectations
• Capable of standing up to audit scrutiny

Lower cost

We are aware that many firms are currently incurring very high costs for safeguarding accounts.

Our solutions are typically significantly more cost-effective than some of the more commonly used providers, including ClearBank, LHV Bank and Banking Circle, while also providing greater long-term stability and flexibility.