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Tel 0800 689 0190 UK 44 (0) 207 097 1434 International Email info@ Ebooks available at (Amazon) or Compliance Consultant Online Shop - The Financial Conduct Authority (FCA) is the primary regulatory body for financial services in the UK. Safeguarding is a term that refers to measures taken to protect the assets of clients, particularly in the context of businesses that hold their clients' financial assets. For a Payment Service Provider (PSP), having FCA Safeguarding is crucial for several reasons: Client Protection: FCA Safeguarding ensures that PSPs hold client money safely and segregate it from their own money. This means that if the PSP goes bankrupt, client funds will not be used to pay off the PSP's debts. Compliance with Regulatory Requirements: FCA is responsible for ensuring that all financial services providers, including PSPs, comply with a set of rules designed to
