What would happen if you went into insolvency?

We’re subject to regular compliance reporting and checks, and are a financially healthy firm with billions of assets under management – but in the very unlikely event that we should cease trading for any reason, we’re required by the Financial Conduct Authority (FCA) to hold additional capital for an orderly wind-down.

Any money that hasn’t yet been allocated to loans will be held in trust within segregated ‘client money’ bank accounts. In the unlikely event of our insolvency, this money would be inaccessible to us – and covered by Financial Services Compensation Scheme (FSCS) protection. The security charge over properties is also held in trust for you. Once your money is invested in Octopus Choice, as a peer-to-peer investment, it will not have FSCS protection.

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