Compliance

Security, Regulation and Compliance

Ballinger Group is committed to upholding the highest standards of regulatory compliance across every part of the business. We are a matched principal broker, entering the market only when our clients trade. We never trade speculatively or take proprietary risk. We employ the latest anti-money laundering and anti-fraud technology, and protect client funds with segregated and safeguarded accounts.

Clients can rely on the track record of our founders, team and financial backers, our technology partners, and our network of Tier 1 banks and counterparties. Our core values and principled approach to doing business are combined to provide clients with enduring peace of mind.

Ballinger Group operating companies are authorised and regulated by the Financial Conduct Authority and the Malta Financial Services Authority, as an Authorised Payment Institution, an eMoney Institution, and a MiFID Investment Services Institution.

Security of Funds

Providing absolute security is fundamental to how Ballinger Group handles client funds. We use segregated accounts for processing all client money, and safeguarding or client money accounts for client funds, meaning that these funds are always protected, as they are entirely separate from Ballinger Group’s business accounts and assets.

  • AII client funds classed as “Relevant Funds” are held in designated client money accounts with Barclays Bank PLC and Barclays Bank Ireland PLC Frankfurt Branch, “Barclays Bank”*.
  • SSI accounts, Segregated accounts and client money accounts are always with Tier 1 financial institutions.
  • Client money is never co-mingled with firm funds.
  • No third-party claims can be made of client money.
  • We are subject to ongoing Capital Adequacy requirements to ensure we maintain sufficient capital to operate.

*Barclays Bank provides us with safeguarding account(s), but does not monitor the funds we place in the safeguarding account or how we operate these accounts. As an FCA Authorised Payment institution it is our responsibility to segregate funds.

Ballinger Markets Limited provides additional protection to clients under the Investor Compensation Scheme – https://www.compensationschemes.org.mt/

Compliance and Regulation

  • Ballinger & Co. Ltd is a limited company registered in England and Wales under company number 11401151, registered address: 65 Curzon Street, Mayfair, London, W1J 8PE.
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Ballinger & Co. Ltd is authorised by the Financial Conduct Authority as an Authorised Payments Institution (Registration Number: 825771). It is also registered with FINTRAC in Canada (Registration number: M20579657).
  • Ballinger Europe Ltd is a limited company registered in Malta under company number C 103978, registered address: Fino Buildings, Level 3, Triq I-Imdina, Zone 4, Central Business District, Birkirkara, CBD 4010, Malta.
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Ballinger Europe Ltd is authorised by the Malta Financial Services Authority (“MFSA”) as a Financial Institution under the Financial Institutions Act 1994 (Chapter 376 of the Laws of Malta). Bank Identification Code Number (MT ABI) BEU-21306.
  • Ballinger Markets Ltd is a limited company registered in Malta under company number C 103976, registered address: Fino Buildings, Level 3, Triq I-Imdina, Zone 4, Central Business District, Birkirkara, CBD 4010, Malta.
  • Ballinger Markets Ltd is authorised by the Malta Financial Services Authority as a Category III Investment Services Company (Registration Number: BML 10-21176).
  • Ballinger & Co. Ltd is registered with the information Commissioner’s Office, Data Protection Registration number ZA493826.
  • Ballinger & Co. Ltd is registered with the London Stock Exchange for the purposes of European Market Infrastructure Regulation (EMIR) reporting, LEI 2138006K7ABK4LRUP760.
  • Ballinger Europe Ltd is registered with the London Stock Exchange for the purposes of European Market Infrastructure Regulation (EMIR) reporting, LEI 213800JIIAH1SISZM676.
  • Ballinger Markets Ltd is registered with the London Stock Exchange for the purposes of European Market Infrastructure Regulation (EMIR) reporting, LEI 2138005PQVSNKBZ2AX62.
  • We always comply with the Payment Services Regulations 2017.
  • We always uphold the FCA Principles of Business to the highest standards.
  • We always comply with the Money Laundering and Terrorist Financing Regulations 2019.

Anti-Money Laundering

  • Supervised by the FCA and the FIAU (Malta) for anti-money laundering.
  • We comply with:
    • The Money Laundering and Terrorist Financing Regulations 2019 (UK).
    • The Proceeds of Crime Act 2002 (UK).
    • The Terrorism Act 2000 (UK).
    • The Prevention of Money Laundering Act (Malta).
    • Prevention of Money Laundering and Funding of Terrorism Regulations (Malta).
    • Criminal Code (Malta).
  • We apply the guidance on the Joint Money Laundering Steering Group to the entire Ballinger Group.
  • Ballinger Group apply stringent sanctions checks which cover worldwide sanctions lists including:
    • OFAC Sanctions.
    • EU Sanctions.
    • HMT Sanctions.
    • UN Sanctions.