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YellowMay
Finland
08 Jul 2018 (7 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 YellowMay
Company Information
Get to know YellowMay
Data are our core! Yellow May wants to revolutionize the insurance industry with world wide insurance data based on terms and conditions for insurance insights towards an open insurance. We deliver unique data and quality for insurance insights and strategic insurance innovation powered by global online comparison platform. We research on potential insurance buyer behaviour with our algorithm-based platform. Having met 2016 during a mutual Executive MBA journey, founding partners Jussi Tommola and Jouni Heinonen had the idea of bringing insurance back into the hands of the premium payers - back from boring to loving. YellowMay started in 2018 creating an easy to use marketplace, focusing on making insurances trustworthy again, Since than YellowMay developed an unique own Ym-algorythm that is currantly already rating more than 8000 insurance products worldwide based on their terms and conditions. With our vast data of buyers and insurance products from more than 43 countries, we support businesses that operate or seek for opportunities in the insurance industry with inside marketing, product innovations and embedded insurance models.
Industry
- Financial Insurance
- Financial Other Service
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