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BMG Group
Canada
2002 (23 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know BMG Group
Company Information
Get to know BMG Group
Established in 2002, BMG Group Inc.’s (BMG) mission is to be the global leader in providing secure, cost-effective and transparent ways to purchase and store physical gold, silver and platinum bullion for real wealth preservation and true portfolio diversification. A Canadian company based in the greater Toronto area, BMG is a dedicated guardian of Uncompromised Bullion ownership. We maintain multi-country offices and have over 20,000 clients worldwide. We offer bullion ownership in individual bars with the BMG BullionBars:tm: program; and regulated Canadian mutual funds BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund (BMG Funds). Bullion Custodial Services Inc., a wholly owned subsidiary of BMG, manages and provides custodial services for all products within the BMG BullionBars:tm: program. BMG’s 15-year history of ethical management and compliance is achieved in partnership with the industry’s most trusted business entities including, among others, our custodian, The Bank of Nova Scotia, and our auditors, BDO Canada LLP. BMG is also regulated by the Ontario Securities Commission (OSC) which monitors compliance with the requirements of the Securities Act (Ontario), as well as with any related rules and policies of the OSC. BMG is the first and only precious metals management company in Canada to become an Associate Member of the London Bullion Market Association (LBMA); the only other equally accredited company in Canada is the Royal Canadian Mint, the Crown Corporation that produces Canada’s currency. This validation and endorsement is only bestowed upon firms that meet the LBMA’s rigorous industry standards on refining, reliable trading and Good Delivery practices. BMG pursues the highest global standards for bullion purchase, storage, integrity, transparency and security for our clients. Investors in BMG’s Funds and BMG BullionBars™ program can be confident that bullion purchased and stored on their behalf is obtained from ethical and legal sources. BMG is an associate member of the Responsible Investment Association (RIA) and a signatory to the Principles of Responsible Investment (PRI). The PRI is the world’s leading proponent of responsible investment.
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- Financial Other ServicePRIMARY
- Financial Wealth Management
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