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YAN Bank
United Kingdom
01 Feb 2020 (5 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 YAN Bank
Company Information
Get to know YAN Bank
YAN is launching the World's First eCommerce Bank to provide both personal and business customers with a one-stop digital lifestyle platform. YAN will offer an exclusive range of services within its single Super App ecosystem that includes Banking as well as eCommerce and a Marketplace where customers can enjoy shopping and discover products or services to buy online, and plus, they'll be able to pay their utility bills with just a few clicks. YAN is currently building partnerships and integrations with retailers, lifestyle services, other fintech and finance organisations. The YAN's Supper App is a one-stop, quick, and secure platform for everything from banking to grocery, shopping to travel and more.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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