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Yomoni
France
01 Nov 2014 (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 Yomoni
Company Information
Get to know Yomoni
Yomoni is first online private banking-style service in France aiming to make wealth management available to everyone. The company aims to let all French retail investors benefit from cutting-edge portfolio management services and give them more choices for their long-term savings. Today most French people do not receive the kind of advice and investment opportunities offered by private bankers, who mainly target high-net-worth individuals. Yomoni’s revolutionary service will offer simplified asset management services to all types of retail investors, with competitive—and fully transparent—fees.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Wealth Management
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