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About Us

Regulations and Protection

Finveo values trust and transparency in business, and that is why, at Finveo, we see taking care of our clients as our responsibility which we do not take lightly.

 

OUR LICENCE

 
  LICENSED BY CAPITAL MARKET
  AUTHORITY OF MONTENEGRO

 

 

Finveo is licensed and regulated by the Capital Market Authority of Montenegro (License number 03/2-2/11-20.). The Capital Market Authority of Montenegro is an independent regulatory agency that supervises the capital market and authorized participants on the market.

Following international rules and principles, the Capital Market Authority of Montenegro is a member of the International Organization of Securities Commissions (IOSCO).

Capital Market Authority harmonized local regulation with international regulation prescribed by European Union which guarantees our clients with the most secure and safe investments.

 

MIFID II

The Markets in Financial Instruments Directive (MiFID II), which came into effect on 3rd January 2018, is a European Union Directive that provides harmonized regulation for investment services across the EU. Legal framework in Montenegro is made in accordance with MiFID II.

The main objective of the European Union’s MiFID II is to harmonize the governing of financial markets within the EU and therefore to increase efficiency, enhance financial transparency, increase competition and customer protection in investment services.

 

HOW WE PROTECT YOU
FROM FRAUD

 

ONBOARDING PROCESS IN ACCORDANCE WITH eIDAS REGULATION

Thanks to modern technology that combines comprehensive video-based identity verification and qualified electronic signature, account opening process has never been easier. In cooperation with European Union's company, Finveo provides identity verification process that is patented by EU and fully compliant with requirements of eIDAS regulation. Wherever you are, only thing you need is good internet access, valid identity document (ID card or passport) and computer with webcam or smartphone.

SEGREGATION
OF
FUNDS

Your deposits are kept in EU Banks and Montenegrin Banks. The safety of your funds is very important to our business activity. We operate in strict accordance with the Capital Market Authority's rules on client money protection and as such, your funds are held in a segregated account.






 

NEGATIVE
BALANCE
PROTECTION

Negative Balance Protection is afforded to our clients given exceptional circumstances or large market events which trigger a sufficiently large and sudden price change in the underlying assets. Negative balance protection means that you can't lose more money than you deposited.






 


WITHDRAWAL
POLICY

Finveo understands the great importance our clients place on how quickly they receive their funds once requested. It is, therefore, one of our top priorities to ensure that a withdrawal request is acted on swiftly. Withdrawal requests placed in Finveo can be processed at the same day.

 




If you have any questions about your security, the security of your funds, or if you feel like you have received any kind of fraudulent communication, please contact us.