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Regulatory Information

Regulatory Information

Licensing, compliance, and regulatory status details

Last Updated: 10/1/2024

~8 min read

v1.5.0

Table of Contents

Regulatory Information

Regulatory Information

Last Updated: October 1, 2024 Effective Date: October 1, 2024 Version: 1.5.0

Executive Summary

ClearView-WOW operates under strict regulatory oversight to ensure compliance with financial services regulations across multiple jurisdictions. This document provides transparency about our licensing, regulatory status, and compliance framework.

1. Corporate Structure

Company Name: ClearView-WOW Limited Registration Number: 12345678 Registered Address: 123 Financial District, London, EC2N 2DL, United Kingdom LEI (Legal Entity Identifier): 213800ABCDEFGH123456 Incorporation Date: January 15, 2018

1.2 Authorized Activities

ClearView-WOW is authorized to provide:

  • Portfolio management systems and software
  • Investment analytics and reporting tools
  • Data aggregation services
  • Risk management systems
  • Compliance monitoring solutions

Important: ClearView-WOW does not provide investment advice, execute trades on behalf of clients, or hold client assets.

2. Regulatory Authorizations

2.1 United Kingdom

Regulator: Financial Conduct Authority (FCA) Authorization Number: FRN 987654 Status: Authorized and Regulated Permitted Activities:

  • Operating electronic systems for portfolio management
  • Providing investment analytics software
  • Data reporting services

Regulatory Contact:

  • Financial Conduct Authority
  • 12 Endeavour Square, London, E20 1JN
  • Website: www.fca.org.uk

2.2 European Union

Regulator: European Securities and Markets Authority (ESMA) Status: Registered Technology Service Provider Passport Rights: Operating across all EU member states under MiFID II framework Reference Number: EU-TSP-2024-456

Compliance Framework:

  • MiFID II (Markets in Financial Instruments Directive)
  • GDPR (General Data Protection Regulation)
  • EMIR (European Market Infrastructure Regulation)
  • MAR (Market Abuse Regulation)

2.3 United States

Status: Technology Service Provider (Non-Registered) Regulatory Framework:

  • Operates as a software provider, not as a registered investment adviser
  • Services provided to institutional clients and registered investment advisers
  • Compliant with data protection requirements

Note: ClearView-WOW does not require SEC registration as it does not provide investment advisory services or manage client assets.

3. Compliance Framework

3.1 Anti-Money Laundering (AML)

ClearView-WOW maintains a robust AML program including:

  • Know Your Customer (KYC) verification for all clients
  • Customer Due Diligence (CDD) procedures
  • Enhanced Due Diligence (EDD) for high-risk clients
  • Transaction monitoring for suspicious activities
  • Sanctions screening against OFAC, EU, and UN lists

Money Laundering Reporting Officer (MLRO):

3.2 Data Protection & Privacy

Data Protection Registration:

  • UK ICO Registration: ZA123456
  • EU GDPR Compliance: Verified
  • Privacy Shield Framework: Certified (where applicable)

Data Protection Officer:

3.3 Information Security

Certifications:

  • SOC 2 Type II - Security, Availability, Confidentiality
  • ISO 27001 - Information Security Management
  • ISO 27701 - Privacy Information Management
  • PCI DSS - Payment Card Industry Data Security Standard

Annual Audits:

  • External security audits conducted annually
  • Penetration testing performed quarterly
  • Compliance reviews conducted bi-annually

3.4 Client Asset Protection

Important Disclosure: ClearView-WOW does not hold, control, or have access to client funds or securities. All assets remain with authorized custodians and regulated financial institutions.

Custodian Integration:

  • Read-only access to portfolio data
  • No execution capabilities without explicit authorization
  • Segregated access controls
  • Audit trails for all data access

4. Professional Indemnity Insurance

ClearView-WOW maintains professional indemnity insurance covering:

  • Coverage Amount: £10,000,000 per claim
  • Aggregate Limit: £25,000,000 annually
  • Insurer: Lloyd's of London Syndicate
  • Policy Number: PI-2024-567890
  • Coverage Period: January 1, 2024 - December 31, 2024

5. Client Categorization

5.1 Eligible Clients

ClearView-WOW services are exclusively available to:

Professional Clients:

  • Authorized investment firms
  • Credit institutions
  • Insurance companies
  • Pension funds and UCITS
  • Large undertakings (meeting 2 of 3 criteria):
    • Balance sheet total > €20M
    • Net turnover > €40M
    • Own funds > €2M

Elective Professional Clients:

  • Qualified investors who meet financial thresholds
  • Must complete professional client opt-up assessment

5.2 Retail Clients

ClearView-WOW does not provide services to retail investors.

6. Conflicts of Interest

6.1 Conflicts Management

ClearView-WOW maintains a Conflicts of Interest Policy addressing:

  • Organizational and administrative arrangements
  • Chinese walls between departments
  • Personal account dealing restrictions
  • Outside business activities approval process
  • Gifts and entertainment limits

6.2 Disclosure

Where conflicts cannot be avoided, they are disclosed to clients in writing before services are provided.

7. Complaints & Dispute Resolution

7.1 Internal Complaints Procedure

Complaints Officer: complaints@clearview-mgp.com Response Timeline:

  • Acknowledgment within 2 business days
  • Resolution within 15 business days
  • Final response within 8 weeks maximum

7.2 External Dispute Resolution

UK Clients:

EU Clients:

  • Access to FIN-NET (Financial Dispute Resolution Network)
  • National ombudsman services available

8. Regulatory Reporting

8.1 Mandatory Reports

ClearView-WOW submits regular reports to regulators including:

  • Quarterly compliance reports to FCA
  • Annual financial statements (audited)
  • Client money and asset reports (N/A - no client assets held)
  • Incident reports for material operational issues
  • Transaction reports where applicable under MiFID II

8.2 Public Disclosures

Annual public disclosures available at:

9. Business Continuity

9.1 Continuity Plans

ClearView-WOW maintains:

  • Disaster Recovery Plan - RTO: 4 hours, RPO: 1 hour
  • Business Continuity Plan - tested bi-annually
  • Crisis Management Plan - escalation procedures
  • Alternative site - fully operational backup location

9.2 Incident Notification

Material incidents affecting services are reported to:

  • Regulators within required timeframes
  • Affected clients within 24 hours
  • Public disclosure where required

10. Changes to Regulatory Status

10.1 Notification Obligation

ClearView-WOW will notify clients of:

  • Changes to regulatory authorization
  • New regulatory permissions or restrictions
  • Material changes to compliance framework
  • Regulatory enforcement actions (if any)

10.2 Historical Changes

Version History:

  • 1.5.0 (Oct 2024) - Updated insurance coverage details
  • 1.4.0 (Jul 2024) - Added EU ESMA registration
  • 1.3.0 (Apr 2024) - Updated compliance framework
  • 1.2.0 (Jan 2024) - Added SOC 2 Type II certification
  • 1.1.0 (Oct 2023) - Updated FCA authorization details
  • 1.0.0 (Jul 2023) - Initial regulatory information document

11. Contact Information

11.1 Regulatory Inquiries

Compliance Department:

11.2 General Information

Headquarters:

  • ClearView-WOW Limited
  • 123 Financial District
  • London, EC2N 2DL
  • United Kingdom

Support:

12. Further Information

For additional regulatory information, please refer to:

Regulatory Status Verification:

This regulatory information is provided for transparency and informational purposes. It does not constitute legal or financial advice. Clients should consult their own legal and compliance advisers regarding regulatory requirements.

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