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Yorker
Denmark
02 Oct 2018 (7 Years)
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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.
Company Information
Get to know Yorker
Company Information
Get to know Yorker
Yorker is an online challenger bank that offers commercial loans to smaller companies without a mortgage claim. It wants to make it much easier for small and medium-sized enterprises (SMEs) to access financing in the form of corporate loans. It, therefore, offers a full online solution that makes it easy to apply, get answers quickly and at competitive and transparent prices. Yorker was started by Peter Krabbe in 2019. It is headquartered in Copenhagen, Denmark.
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- Financial Other ServicePRIMARY
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