Master the Art of Gold Trading

Last Updated: January 1, 2025

1. FCA Authorization

Gold Trading Global Limited is authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number GTG789456. Our authorization covers:

• Investment advice on precious metals and commodities
• Training and educational services
• Investment management consultancy
• Financial promotions

You can verify our authorization on the FCA Register at register.fca.org.uk

2. Regulatory Framework

We operate under the following regulatory frameworks:

• FCA Handbook: All applicable rules and guidance
• Consumer Duty: Ensuring good customer outcomes
• COBS (Conduct of Business Sourcebook): Client interaction standards
• SYSC (Senior Management Arrangements): Governance and controls
• PRIN (Principles for Businesses): Fundamental regulatory principles

3. Client Classification

We classify clients according to FCA rules:

• Retail Clients: Highest level of regulatory protection
• Professional Clients: Experienced investors with reduced protections
• Eligible Counterparties: Large institutions with minimal protections

4. Consumer Duty Compliance

Under the FCA's Consumer Duty, we are committed to:

• Acting to deliver good outcomes for retail customers
• Being proactive in considering customer needs
• Avoiding foreseeable harm
• Enabling and supporting customers to pursue their financial objectives

5. Anti-Money Laundering (AML)

We comply with UK anti-money laundering regulations:

• Customer Due Diligence (CDD) procedures
• Enhanced Due Diligence for high-risk clients
• Ongoing monitoring of business relationships
• Suspicious Activity Reporting (SAR) to the National Crime Agency
• Regular AML training for all staff

6. Data Protection Compliance

We comply with:

• UK General Data Protection Regulation (UK GDPR)
• Data Protection Act 2018
• Privacy and Electronic Communications Regulations (PECR)

7. Financial Crime Prevention

Our systems and controls include:

• Fraud prevention measures
• Sanctions screening
• Market abuse monitoring
• Bribery and corruption prevention

8. Professional Indemnity Insurance

We maintain professional indemnity insurance providing coverage of £5,000,000 per claim, as required by FCA regulations. This insurance covers:

• Professional negligence claims
• Errors and omissions
• Breach of duty claims
• Regulatory defense costs

9. Client Money Protection

We do not hold client money. All payments for services are made directly to our designated business accounts and are not subject to client money rules.

10. Complaints Handling

We operate a comprehensive complaints procedure in accordance with FCA requirements:

• Acknowledgment within 3 business days
• Investigation and response within 8 weeks
• Right to escalate to Financial Ombudsman Service
• Annual reporting to FCA on complaints received

11. Financial Services Compensation Scheme (FSCS)

As an FCA-authorized firm, eligible clients may be covered by the FSCS for:

• Investment advice: Up to £85,000 per person
• Investment management: Up to £85,000 per person

12. Record Keeping

We maintain comprehensive records as required by FCA rules, including:

• Client communications and instructions
• Investment advice and suitability assessments
• Training records and qualifications
• Financial crime prevention activities

13. Staff Qualifications and Training

All relevant staff maintain appropriate qualifications:

• CII (Chartered Insurance Institute) qualifications
• IMC (Investment Management Certificate)
• Continuous Professional Development (CPD)
• Regular compliance training updates

14. Senior Managers and Certification Regime (SM&CR)

Our senior managers are approved by the FCA and maintain required fitness and propriety standards. We operate under the Solo-regulated SM&CR regime.

15. Regulatory Reporting

We submit required regulatory returns including:

• Annual compliance reports
• Financial returns (GABRIEL system)
• Regulatory capital assessments
• Annual business plan submissions

16. Contact Our Compliance Team

For regulatory or compliance matters, please contact:

Chief Compliance Officer
Email: compliance@goldtradingglobal.com
Phone: +44 20 7123 4567
Address: Unit G25 Waterfront Studios, 1 Dock Road, London, E16 1AH