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United Kingdom
01 Jan 2018 (8 Years)
Last online: No recent activity
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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.
Get to know Project Heather
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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