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    Regulator protection index

    70% of financial regulators protect your money with a compensation scheme

    69 regulators compared on four protections: compensation if a firm fails, separate client money, public enforcement and a searchable register.

    Regulators

    69

    3 tiers

    Compensation scheme

    48

    70% of regulators

    Client money separated

    55

    80% of regulators

    Public register

    63

    91% of regulators

    Protections per regulator

    How many of the four protections each regulator offers.

    4 of 444
    3 of 411
    2 of 42
    1 of 410
    0 of 42

    Regulators by tier

    Click a tier to filter the table.

    Side by side

    Each regulator's rating on one scale from 0 to 100. The dashed line is the average of 63.

    • FCAUnited KingdomTier 1
      85,000 GBPSeparatedEnforcementRegister
      99
    • FINMASwitzerlandTier 1
      100,000 CHFSeparatedEnforcementRegister
      90
    • FCMCLatviaTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • FSMABelgiumTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • MNBHungaryTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • IIROCCanadaTier 1
      1,000,000 CADSeparatedEnforcementRegister
      89
    • BaFinGermanyTier 1
      20,000 EURSeparatedEnforcementRegister
      89
    • FISwedenTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • CNBCzech RepublicTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • Lietuvos BankasLithuaniaTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • FIN-FSAFinlandTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • CSSFLuxembourgTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • CNMVSpainTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • AFMNetherlandsTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • KNFPolandTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • FMA AustriaAustriaTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • CONSOBItalyTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • JFSAJapanTier 1
      10,000,000 JPYSeparatedEnforcementRegister
      89
    • CBIIrelandTier 1
      100,000 EURSeparatedEnforcementRegister
      89
    • SFCHong KongTier 1
      500,000 HKDSeparatedEnforcementRegister
      88
    • MASSingaporeTier 1
      SchemeSeparatedEnforcementRegister
      88
    • CMVMPortugalTier 1
      25,000 EURSeparatedEnforcementRegister
      88
    • AMFFranceTier 1
      70,000 EURSeparatedEnforcementRegister
      88
    • HCMCGreeceTier 1
      30,000 EURSeparatedEnforcementRegister
      88
    • ASICAustraliaTier 1
      SchemeSeparatedEnforcementRegister
      88
    • CFTCUnited StatesTier 2
      SchemeSeparatedEnforcementRegister
      70
    • CySECCyprusTier 2
      20,000 EURSeparatedEnforcementRegister
      66
    • MFSAMaltaTier 2
      20,000 EURSeparatedEnforcementRegister
      61
    • CSRCChinaTier 2
      SchemeSeparatedEnforcementRegister
      61
    • GFSCGibraltarTier 2
      20,000 EURSeparatedEnforcementRegister
      61
    • CNBVMexicoTier 2
      SchemeSeparatedEnforcementRegister
      61
    • FSC TaiwanTaiwanTier 2
      SchemeSeparatedEnforcementRegister
      61
    • SEBIIndiaTier 2
      SchemeSeparatedEnforcementRegister
      61
    • JFSCJerseyTier 2
      SchemeSeparatedEnforcementRegister
      61
    • FSA EstoniaEstoniaTier 2
      20,000 EURSeparatedEnforcementRegister
      61
    • CVMBrazilTier 2
      SchemeSeparatedEnforcementRegister
      61
    • SC MalaysiaMalaysiaTier 2
      SchemeSeparatedEnforcementRegister
      61
    • FinanstilsynetNorwayTier 2
      SchemeSeparatedEnforcementRegister
      61
    • ISAIsraelTier 2
      SchemeSeparatedEnforcementRegister
      61
    • GFSC GuernseyGuernseyTier 2
      SchemeSeparatedEnforcementRegister
      61
    • OJKIndonesiaTier 2
      SchemeSeparatedEnforcementRegister
      61
    • FSSSouth KoreaTier 2
      SchemeSeparatedEnforcementRegister
      61
    • CMBTurkeyTier 2
      SchemeSeparatedEnforcementRegister
      61
    • CNVArgentinaTier 2
      No schemeSeparatedEnforcementRegister
      60
    • BMABermudaTier 2
      No schemeSeparatedEnforcementRegister
      60
    • CMA SaudiSaudi ArabiaTier 2
      No schemeSeparatedEnforcementRegister
      60
    • SCAUnited Arab EmiratesTier 2
      No schemeSeparatedEnforcementRegister
      60
    • QFCRAQatarTier 2
      No schemeSeparatedEnforcementRegister
      60
    • FMANew ZealandTier 2
      No schemeSeparatedEnforcementRegister
      60
    • Labuan FSAMalaysiaTier 2
      No schemeSeparatedEnforcementRegister
      60
    • DFSAUnited Arab EmiratesTier 2
      No schemeSeparatedEnforcementRegister
      60
    • IOMFSAIsle of ManTier 2
      SchemeSeparatedEnforcementRegister
      60
    • CIMACayman IslandsTier 2
      No schemeSeparatedEnforcementRegister
      60
    • FSC MauritiusMauritiusTier 2
      No schemeSeparatedEnforcementRegister
      60
    • BVI FSCBritish Virgin IslandsTier 2
      No schemeSeparatedEnforcementRegister
      58
    • FSRAUnited Arab EmiratesTier 2
      No schemeSeparatedEnforcementRegister
      58
    • CMAKenyaTier 2
      No schemeSeparatedEnforcementRegister
      58
    • FINRAUnited StatesTier 3
      SchemeSeparatedEnforcementRegister
      15
    • FSCMauritiusTier 3
      SchemeSeparatedEnforcementRegister
      15
    • VFSCVanuatuTier 3
      No schemeSeparatedEnforcementRegister
      15
    • IFSCBelizeTier 3
      No schemeSeparatedEnforcementRegister
      15
    • SECUnited StatesTier 3
      SchemeSeparatedEnforcementRegister
      15
    • MIRCMarshall IslandsTier 3
      No schemeSeparatedEnforcementRegister
      12
    • CSXCayman IslandsTier 3
      No schemeSeparatedEnforcementRegister
      12
    • FSCASouth AfricaTier 3
      SchemeSeparatedEnforcementRegister
      12
    • FSA SeychellesSeychellesTier 3
      No schemeSeparatedEnforcementRegister
      12
    • SVG FSASaint Vincent and the GrenadinesTier 3
      No schemeSeparatedEnforcementRegister
      10
    • AOFAComorosTier 3
      No schemeSeparatedEnforcementRegister
      10
    • SCBBahamasTier 3
      No schemeSeparatedEnforcementRegister
      7

    Open a regulator to see the firms it supervises and how its rating is worked out.

    Ready to quote

    48 of 69 financial regulators tracked by Brokers Watch (70%) run an investor compensation scheme.
    Brokers Watch regulator protection index
    55 of 69 regulators (80%) require client money to be held separately from company funds.
    Brokers Watch regulator protection index
    IIROC offers the highest recorded compensation limit: 1,000,000 CAD.
    Brokers Watch regulator protection index

    What a compensation scheme does

    If a regulated firm goes bust and cannot return client money, the scheme pays clients back up to the limit shown. It does not cover trading losses.

    Why separated client money matters

    Money held apart from the firm's own funds cannot be used to pay the firm's debts, so it is easier to return if the firm fails.