Protection of Client Funds

Scadinavian Capital Association K/S bears full financial responsibility for the safety and repayment of assets of their clients.

Responsibility for the safety and repayment of clients’ monetary assets is not limited to anything. The recoverability of monetary assets is governed by the terms of the Grounds on which the funds were transferred to Scandinavian Capital Association K/S.

Responsibility for the safety and repayment of clients’ non-monetary assets is not limited to anything.

The recoverability of non-monetary assets is governed by the terms of the grounds on which such assets were transferred to Scandinavian Capital Association K/S. Any non-monetary assets held in custody (management) in Scandinavian Capital Association K/S, have Estimated values that determine the amount of financial responsibility of the Scandinavian Capital Association K/S. Such estimated values are signed by the Scandinavian Capital Association K/S and the client, together with the Grounds on which they are transferred.

The format of the Estimated Cost document is determined by the Scandinavian Capital Association K/S and the client in each case individually. The Appraisal Document is a necessary attachment to the Basis of Transfer. The basis of the transfer is a form of legal document (Contract, Agreement, Memorandum and other legitimate form) signed by the Scandinavian Capital Association K/S and the client, governing the administrative and business relations of the Scandinavian Capital Association K/S and the client.