DevDosh Ltd FCA Escrow Fiduciary

DevDosh Ltd protect all parties with FCA Escrow Service

Control of monies
Investor capital is held on deposit and managed by an FCA Authorised and Regulated Escrow Service engaged by the SPV. 

The role of the FCA Escrow Service is to protect all parties through the entire investment cycle. It does this by enforcing strict Anti Money Laundering & Terrorist Financing procedures and diligently following requirements and provisions set out by the escrow contract. 

In the case of the DevDosh Ltd fixed income investment product the FCA Escrow Service will be responsible for capital deployment and capital/yield return. 

  • Capital deployment: receive investor capital, hold capital on behalf of the SPV, release loan and professional fee payments as required by the escrow contract
  • Capital/yield return: hold retained interest fund, pay out yields to investors, receive loan repayments from borrower, hold loan repayments on behalf of the SPV, return capital to investors at end of loan term

 The FCA Escrow Service holds and manages investor capital for the entire loan cycle.

Anti Money Laundering (AML)/Know Your Client (KYC) Requirements
All parties depositing or receiving monies will be AML/KYC checked by the FCA Escrow Service.

Depositing parties must provide

  • Name and address
  • Government issue photo ID
  • Proof of address
  • Source of funds information 

Receiving parties must provide :

  • Name and address
  • Government issue photo ID
  • Proof of address

 These requirements extend to Persons with Significant Control within a corporation depositing or receiving funds.

INVESTORS / DEVELOPERS

If you are a risk averse investor looking for the best fixed income return for your capital

or

If you are a property developer looking for achievable property development finance

 

EMEA OFFICE (os)
OFFLINE TILL POST COVID-19

APAC OFFICE
+62 (0) 877 5836 5211

 

 

support@devdosh.com

The DevDosh Ltd fixed income investment product is not suitable for everyone. Please visit our suitability page to gain a deeper understanding of your compatibility with the product.  As with all investments capital is at risk and there is a chance that you will get back less than you invested.

The information on this website does not constitute or represent a financial promotion; nor it is financial advice or a personal recommendation.  Do not make investment decisions based purely on the information contained on this website and seek professional advice if you are unsure of your best investment choices. We have made every effort to ensure all information on this site is accurate. However we cannot guarantee that to be the case.