Are my funds at risk if FinPAL becomes insolvent?
Your investment funds are held on trust on your behalf in a segregated Investor Trust Account which cannot be transferred to FinPAL Accounts. Additionally, FinPAL has entered into a comprehensive living will arrangement with a regional based trustee as part of business continuity plan.
In the event that FinPAL goes out of business or become insolvent (as remote as it may sound), these arrangements will ensure all transactions are settled with no business disruption. The Issued Notes that have been successfully issued on the FinPAL platform will be unaffected with the Issuer’s financing obligation to Investors remain enforceable, and Investors will continue to receive their repayments and returns.
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