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EyeCover
South Africa
01 Mar 2015 (10 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 EyeCover
Company Information
Get to know EyeCover
EyeCover provides eyeweaEyeCover is a forward-thinking value-added product provider. We have championed the innovation of some of SA’s market-first solutions.r insurance and breakage cover products. EyeCover is a forward-thinking value-added product provider. We have championed the innovation of some of SA’s market-first solutions. Our designs are available directly to the public as well as through an established optometric customer base throughout South Africa. EyeCover maintains its independence in that we are not a Financial Service Provider; we partner with experienced Financial Services Board Accredited Providers to ensure best of breed solutions.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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