cryptohunter
Active member
- PPF Points
- 2,578
EMIs protect customer finances via diverse methods. These encompass holding customer funds in segregated accounts apart from the EMI's operational finances. Complying with regulatory criteria guarantees the secure retention of customer funds, which can be reimbursed in the event of insolvency. Consistent audits and submission of reports to regulatory authorities amplify transparency. Furthermore, strong risk management strategies and adherence to financial regulations contribute to safeguarding and ensuring the overall safety of customer funds held by EMIs.
