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Business Credentialing Services

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United States

Founded in

1993 (32 Years)

Founded

Last online: No recent activity


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2.67

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Security Information

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    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.

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    Company Information

    Get to know Business Credentialing Services

    Two risk management experts who identified a need in the marketplace for a better way to manage vendor and third party risk founded BCS. They recognized that most organizations had a policy requiring third parties (such as vendors, tenants, and borrowers) to provide evidence of compliance with the insurance terms and other conditions of their agreements. However, after working closely with top risk management teams, BCS’ founders quickly realized that these policies were loosely enforced or not complied with, at best.

    Industry

    • Financial InsurancePRIMARY

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