Company Information

Get to know Project Heather

Founded by Tomás Carruthers, Project Heather aimed to launch a Scottish Stock Exchange to serve the needs of Scottish businesses and investors. Its mission was to create a modern, regulated, and transparent marketplace for capital, with a unique focus on companies that demonstrated a positive social and environmental impact, aligning with the UN Sustainable Development Goals. The project partnered with global exchange operator Euronext for its trading technology. Despite initial progress and backing, Project Heather failed to secure the necessary final round of funding to become operational, leading it to enter administration in late 2019 and was ultimately dissolved.

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Project Heather

United Kingdom

Founded in

01 Jan 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.