What is the legal and regulatory framework?
We are Splint Invest (MARK Investment Holding AG), an innovative investment app based in Switzerland, allowing fractional investing in physical assets with utmost ease and transparency. As a financial intermediary, we are supervised by VQF (a FINMA supervised self-regulatory organization), ensuring adherence to financial regulations and standards.
Your Investment, Your Ownership
With Splint Invest, you truly own your share of the assets. In the unlikely event of bankruptcy, rest assured that your asset is not part of the liquidation substance. You retain ownership, and coordination for the same is handled by our trusted escrow partner, Xellence Revisionen GmbH.
Role of Xellence Revisionen GmbH
In case of bankruptcy, Xellence steps in as a representative of all co-owners, ensuring your investment is secure and well-managed. There are no additional fees for the co-owners, as Xellence will be compensated by the 2% exit fee, a cost that would have been paid to Splint Invest under regular circumstances.
Financial Security
- Annual Audits: Conducted by BDO to reinforce our commitment to financial transparency and accountability. BDO also ensures that we adhere to the Anti-Money Laundering (AML) rules in Switzerland.
- Secured Funds: CHF 50k in a blocked account and a bank guarantee from BEKB. This sum covers administrative costs as well as prepaid storage and insurance costs, increasing with our growing portfolio.
Regulatory Compliance
Operating under the FINMA Fintech Sandbox license, we are permitted to accept customer funds up to a cumulative threshold of 1 million CHF. This allows us to provide our innovative services while adhering to regulatory guidelines.
Transparent Coordination
- Monthly Data Transmission: To Xellence for up-to-date records.
- Biannual Dry Runs: Conducted with Xellence to ensure readiness and reliability.
- Annual Audits: Asset existence at storage locations audited by KMU Revisionen-AG from Bern.
In Summary
With Splint Invest, your investment is not just a financial decision but a journey towards secure and transparent asset ownership. Experience the ease of mobile investing while enjoying the peace of mind that comes with clear, investor-focused practices.