BNP Paribas Securities Services London Branch is covered by the UK Financial Services Compensation Scheme. If you are an eligible claimant, you may be entitled to compensation from the scheme if we cannot meet our obligations. This depends upon the type of business and the circumstances of the claim. Claims under the UK Financial Services Compensation Scheme are subject to maximum limits on compensation. The limit for investment business is £85,000 per person per authorised firm, and the limit for deposit taking is £85,000 per depositor per authorised firm. In addition, certain deposits, known as temporary high balances, may qualify for compensation in excess of £85,000.
Further information about the UK Financial Services Compensation Scheme (including information as to who is an eligible claimant) is available from us on request and is also available from the UK Financial Services Compensation Scheme website (see www.fscs.org.uk).
BNP Paribas Securities Services is authorised and regulated by the European Central Bank and the Autorité de Contrôle Prudentiel et de Resolution.
BNP Paribas Securities Services London branch is authorised by the Prudential Regulation Authority with deemed permissions under the UK Temporary Permissions Regime. BNP Paribas Securities Services London branch is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. BNP Paribas Securities Services London Branch is registered in England and Wales under number FC023666. Registered office in the UK: 10 Harewood Avenue, London NW1 6AA.