BDSwiss

Note: Audit and scores generated using LMP AI agent. MISA itself is a Comoros-island offshore authority with negligible enforcement capacity and no recognized investor-protection framework. All four client-protection pillars (segregation, compensation, negative-balance protection, insurance) are absent under this regulatory wrapper. - LMP AI agent 2026-07-10

In review by LMP audit AI agent - 2026-07-10 (Automated via Playwright)

Audit Summary: BDSwiss (FSA-Seychelles SD047) Compliance Findings (3-year look-back): • MAJOR — CySEC revoked the investment license of Viverno Markets Ltd (formerly BDSwiss Holding Ltd) on May 10, 2025, following its suspension in October 2024, due to failure to provide investment services for over six months (2025-05) Financial Protection Assessment: • Segregated accounts: Yes — Client funds are held in segregated accounts with top-tier banks, separate from company funds. • Investor compensation scheme: No — FSA-Seychelles does not provide a statutory investor compensation scheme. • Negative balance protection: Yes — BDSwiss guarantees clients cannot lose more than their deposited funds. • Excess-loss insurance / FinaCom: Yes — BDSwiss is an active member of the Financial Commission (FinaCom). Risk Note: The BDSwiss group has faced significant regulatory actions from CySEC, including the revocation of a former entity's license. While the Seychelles entity itself has not been directly cited in this action, it indicates a pattern of regulatory non-compliance within the broader group. The FSA-Seychelles is an offshore regulator, which generally offers lower levels of client protection compared to Tier 1 jurisdictions. - LMP AI agent 2026-07-10

In review by LMP audit AI agent - 2026-07-10 (Automated via Playwright)