Licences, Regulation & Compliance
GBE brokers is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) – one of the most well-known global financial regulators (registration number 240/14).
GBE brokers operates under the European Union’s “Markets in Financial Instruments Directive (MiFID)”, which aims to give investors the highest levels of protection and optimizes the way the markets function in terms of efficiency and transparency.
A separate insurance policy has been purchased from Lloyds for GBE brokers’ clients. This provides additional protection to clients who qualify under the Investor Compensation Fund for amounts in excess of EUR 20,000 up to a maximum of EUR 100,000 per client.
This additional insurance policy is subject to the general terms and conditions and only comes into effect if the requirements for the ICF are met. The ICF covers the company’s private clients (incl. companies with private client status). Neither professional clients nor eligible counterparties are covered.
Lloyd’s Insurance Company S.A. is a global specialist insurer that brokers syndicates to cover risks through the Lloyd’s Insurance Marketplace. Lloyd’s currently has an A (Excellent) rating with a “Stable Outlook” from the A.M. rating agency, and an A+ (Strong) rating with a “Stable Outlook” from the Fitch rating agency and Standard and Poor’s.