Structure & Registrations
Bliss Partners is a company incorporated in England & Wales (Registration No. 1244 4707). Our payment services are provided by Equals Connect Limited, a company incorporated in England & Wales (Registration No. 07131446). Equals Connect Limited is a wholly-owned subsidiary of Equals Group Plc (Registration No. 08922461).
Equals Group Plc is a leading challenger in the financial services sector catering for both business and retail customers. Operating under an e-money licence, Equals provides high-quality products including international payments, corporate expenses, current accounts, credit facilities, currency cards and travel cash. Equals’ customer-centric model delivers money management solutions at costs which are both transparent and among the most competitive in the market.
Through its subsidiary, Spectrum Payment Services Ltd (SPS), Equals has access to real-time settlement accounts with the Bank of England and is a member of the UK Faster Payments Scheme, meaning customers can transfer and receive funds with immediate effect. SPS is also approved by the FCA to provide credit facilities acting as a broker.
For more information on Equals Group Plc, please visit www.equalsplc.com
Client Protection, Regulation & Licenses
As a regulated Authorised Payment Institution, Equals operates in a stringently regulated environment. The FCA requires that Equals & Bliss Partners meet standards across three main areas:
Capital Adequacy; The levels of capital requirements are based on Equals’ level of activity. The FCA reviews Equals capital adequacy on an annual basis.
Client Protection; Client funds in the settlement of transactions are safeguarded and held in segregated ring-fenced client trust accounts with Natwest Bank Plc London, entirely separate from Equals’ operating accounts; this ensures that client money is comprehensively safe and secure.
Robust Internal Risk Management; Equals has strict governance and operational procedures in place to scrutinise the accuracy of each transaction, with appropriate involvement from directors. Compliance with Equals’ governance and processes is regularly audited.
Additional Measures:
Matched Principal Broker; We do not speculate with our own funds or allow any of our clients to speculate. We only enter the market when our clients trade, and we do not run a speculative book or aggregate any positions. By doing so, we operate in an entirely risk-free capacity as our trading positions are simultaneously matched-off between client and counterparty on every single trade.
Secure Payment Systems; Clients are provided with a highly secure system for communicating payment instructions and other sensitive data, while all outgoing payments and FX transactions made can be traced up to delivery.
Equals Connect Limited is licensed and regulated by HMRC as a Money Service Business (MSB) (License No: 12594438)
Equals Connect Limited is authorised by the Financial Conduct Authority (FCA) as an Authorised Payment Institution (Firm Reference Number: 671508).
Equals is registered with the ICO under the UK Data Protection Act; our registration number is ZA3121409. We do not share any client information with third parties, and all client information is held securely on our remote servers. Client information, paper or electronic, is handled with due care; in line with Equals’ internal guidelines.
Additional Liquidity:
When necessary, payment services for Bliss Partners Ltd are also provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB). License No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951
For any specific questions or concerns, please email security@bliss-partners.com or call our mainline telephone number: +44(0)203 880 9000