Risk and Safeguarding Policy

Foreign exchange activity carries financial risk. This policy explains the main risks and the steps taken to safeguard client funds.

Currency Risk

Exchange rates change throughout the day. Rates may move before a transfer is completed. The confirmed rate may differ from the rate you viewed earlier. Market changes may increase the cost of your transfer or reduce the value received.

Execution Risk

Orders may not complete at the expected rate during periods of rapid movement. Quotes remain valid only for a short period. You should review each quote before you approve it.

Operational Risk

Delays may occur due to banking processes, compliance checks or technical issues. We work with trusted partners to reduce these risks, but some external factors remain outside our control.

Safeguarding of Funds

Client funds are handled through regulated payment partners. These partners place client money in safeguarded accounts with trusted institutions. Client funds remain separate from business funds. This structure protects client money if a provider experiences financial difficulty.

We work only with partners who meet strong regulatory standards. They maintain secure systems, tested internal controls and settlement procedures designed to protect client money.

Partner Institutions

Transfers may be processed through more than one service partner. Each partner follows its own regulatory framework. Partners are selected based on their compliance standards, operational strength and security controls.

For more detail on risk or safeguarding, contact j.murphy@ovalpeakpartners.com