Protection for you

FCA Regulation
Oberon Investments Ltd (“Oberon”) is regulated by the Financial Conduct Authority (FCA) and is bound by their rules and regulations in the conduct of our investment business. Oberon Investments Limited is authorised by the FCA to hold client money and client assets.

You can telephone the FCA Consumer Helpline on 0800 111 6768 (8am-6pm Monday to Friday and 9am-1pm Saturday), to check our registration or ask other queries. Alternatively, you may write to them at the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN or you can visit https://register.fca.org.uk/

Financial Services Compensation Scheme
Investment firms such as Oberon are required by the regulator to hold capital, so they can cover administration costs if they cease trading. In this case investors will be able to claim under the Financial Services Compensation Scheme (FSCS), which can pay up to £85,000 to each investor.

Investors are likely to be covered by the provisions of the Financial Services Compensation Scheme (FSCS) if Oberon ceases trading. It can award up to £85,000 in compensation to any one investor where they decide that an investment business is in default and is unable to satisfy any claims against it. In addition, if one of the banks which we use for depositing cash balances is declared in default, each individual is entitled to 100% of the first £85,000 in total in compensation for losses across all their deposits with that institution.

Full details of the FSCS detailing the restrictions and financial limits that apply are available on request from the FSCS. You can contact them on 020 7741 4100 or 0800 678 1100 or at www.fscs.org.uk. You can also write to them at FSCS, 10th Floor, Beaufort House, 15 St Botolph Street, London EC3A 7QU.

Your money
All client money is held by us on trust and is segregated from our own funds in accordance with the FCA’s client money rules, so that any creditors of Oberon would have no legal right to it and it cannot be used to cover any of Oberon’s obligations.

Our policy is to only use institutions with a UK banking licence, which are covered by the Financial Services Compensation Scheme (FSCS). The FSCS is backed by the government and protects clients’ deposits up to £85,000 in the unlikely event that a bank, building society or credit union defaults. A client’s individual protection will depend on their aggregate balances held by that institution; further information is available on the FSCS website.

Your assets
Stock you hold with us is held in the name of or to the order of our in-house nominee company Barnard Nominees Limited, or by an approved third party custodian. Barnard Nominees Limited is a non-trading company so it cannot run up liabilities of its own and Oberon accepts full liability for any default by our nominee company. We maintain detailed records of all your investments and assets, for which you will at all times remain the beneficial owner.

Our senior management and CASS Oversight Committee are responsible for periodic reviews of the nominees, with which stock is deposited.

ISA accounts
Oberon Investment Limited is also registered with HM Revenue & Customs to enable us to act as an ISA manager.