Baydonhill plc has been incorporated under the Companies Act 1985 since 20th January 2000. Company Number: 03910588.
Baydonhill plc is listed on AIM a market regulated by the London Stock Exchange ensuring that we comply with their regulations of Corporate Governance and ensuring our transparency.
You can confirm this on www.londonstockexchange.com
Baydonhill plc is registered as a Money Service Business with HM Customs & Revenue (HMRC) - MLR Number 12115318
Through this we comply with the requirements of the 1993, 2003 and 2007 Money Laundering Regulations and other legislation.
You can verify this with HMRC by calling 0845 010 9000 together with our registered Postcode SW3 1HW.
We comply with the Data Protection Act 1998 and are registered with the Information Commissioner’s Office.
As of 1 April 2007 Baydonhill plc introduced segregated accounts to hold Client Monies. This provides extra security for clients and distinguishes us from many of our competitors.
Regulations issued by the government mean that you must prove who you say you are if you want to hold an account with a financial company.
The UK is a leading international financial centre with a highly regarded reputation. This is why companies in the financial sector can become an attractive target to money launderers (criminals who try to conceal the origin of their funds so that they can turn it into legitimate money).
Due to this measures have been put in place by the government to make it more difficult for criminals to abuse the financial system.
At Baydonhill we use an electronic identity checking system (supplied by Experian) to identify all clients who register with us.
Sometimes extra checks have to be made in order to proceed with opening a foreign exchange account and we may need to make a request for further identification.
If you are asked to provide this then please do not think that we are suspicious of you in any way, this is simply a requirement that we must fulfil.
If you have any questions about this at all please feel free to contact a member of staff.