Nothing’s more important to us than the safety of your assets. We’ve built our platform around a ‘security-first’ principle. This guide explains exactly how we segregate and safeguard your money and virtual assets under the strict, regulation-driven framework of VARA.
Segregation of Client Assets
- All client money is held in separate, designated Client Money Accounts (CMAs).
- These accounts are clearly identified and used solely for client funds.
- Client virtual assets are kept separate from OFZA’s own assets.
Safeguarding & No Rehypothecation
- OFZA does not reuse or repledge client assets.
- Rehypothecation occurs only with explicit, prior client consent.
Client-Centric Approach
- OFZA maintains client choices and preferences, supporting transparent asset handling.
Regulatory Compliance
- All practices comply with VARA Rules and applicable UAE regulations.
Operational Procedures
- Timely deposit: Funds deposited into client accounts are subject to bank clearance and operational timing.
- UAE clients: Funds deposited directly to third-party UAE banks.
- International clients: Funds received abroad are transferred to UAE banks within 24 hours.
The bottom line’s simple: your money is held in separate Client Money Accounts, completely isolated from our own. We never reuse or re-pledge your assets. They’re yours and yours alone, protected at all times.
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