Asset segregation law and investor compensation
Firms providing investment services are required by law to keep their own assets separate from clients' invested assets. If things then go wrong, their clients' investments are safe in a separate pot. Vive complies with the rules of asset segregation. The Financial Markets Authority checks Vive's compliance with asset segregation rules. These rules ensure that should Vive go bankrupt, our customers' investments are separated from Vive's assets. As a result, customers' investments do not fall into the bankruptcy estate.
Should an unexpected case of fraud and/or mismanagement occur at Vive and Vive cannot ensure the rules of asset segregation, there is the investor compensation scheme for aggrieved investors. The investor compensation offers protection up to a maximum of EUR 20,000 per person and per company. Do you have a joint and/or investment account with your partner? If so, you are guaranteed to receive up to EUR 40,000 back together. More information on the investor compensation scheme can be found on DNB's site.