Safeheld: Client money reconciled daily, returns ready for sign-off

We have spent 40 years between us licensing and advising payment, e-money and digital asset firms. The same thing goes wrong every time a firm that holds customer money fails: the shortfall is found at the end, not on the day it opened up. The FCA's own figure for 12 UK payment firms that failed between 2018 and mid-2023 is an average 65% shortfall in the money owed to customers. Safeheld does the daily work that prevents that. Bank statements and your own records are matched every business day. Every difference is worked to its cause, with the evidence attached. Funding needs are forecast by entity and currency, money movements go through maker-checker approval, and each regulatory return is prepared from the reconciled figures for your sign-off. The rules come with it. UK CASS 15 and PS25/12, US state permissible investments, EU PSD2 and MiCA, and the client-money regimes of Canada, Australia, Singapore and Hong Kong, applied to each legal entity's actual figures. We would value questions from anyone who runs finance, operations or compliance at a firm that holds money for others.