Clearing operates across multiple regulated jurisdictions. Our regulatory framework, governance arrangements, and safeguarding controls are designed to meet the requirements of applicable regulators and the expectations of banking partners and institutional clients.
Regulation is central to how Clearing operates. It underpins our services, informs our operating model, and shapes how we protect client funds across every market we serve.
We maintain regulated entities in key financial jurisdictions and work closely with regulators and banking partners to ensure our services meet the highest standards of compliance, security, and operational resilience.
Clearing operates through regulated entities in multiple jurisdictions, enabling us to support international businesses with local compliance and global reach.
| Jurisdiction | Entity & Licence | Regulator | Regulatory Coverage |
|---|---|---|---|
| United Kingdom | WTUK Limited (trading as Clearing) Electronic Money Institution (EMI) FCA Reference: 900536 | Financial Conduct Authority (FCA) | Issuance of electronic money and provision of regulated payment services, operating under FCA safeguarding, conduct, and client protection requirements. |
| Singapore | WTSG PTE. LTD. (trading as Clearing) Major Payment Institution (MPI) Licence No. PS20200445 | Monetary Authority of Singapore (MAS) | Provision of regulated payment services across Asia-Pacific, subject to MAS safeguarding, reporting, and operational requirements. |
| Canada | Clearing Payments Ltd. (trading as Clearing) Money Services Business (MSB) Virtual Asset Service Provider (VASP) FINTRAC Registration: M23890418 | Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) | Registered to provide money services and virtual asset services in Canada, operating under Canadian AML, KYC, and regulatory reporting obligations. |
Protecting client funds is a core responsibility of Clearing.
We operate robust safeguarding frameworks designed to ensure client money is protected at all times and clearly separated from Clearing’s own operational funds.
See our dedicated Safeguarding of client funds page, for more information.
Clearing operates a structured risk and compliance framework to support the safe and orderly provision of its services across all jurisdictions in which it operates. Risk management processes are integrated into day-to-day operations and are designed to meet applicable regulatory and supervisory requirements.
The framework includes AML, KYC, and counter-terrorist financing controls, customer due diligence and risk assessments, transaction monitoring and financial crime prevention measures, and operational resilience and business continuity arrangements. Oversight is applied across all regulated entities to ensure consistent standards and regulatory compliance.
Fraud prevention is a shared responsibility between Clearing and its clients.
Our Fraud Awareness Hub provides practical guidance to help businesses recognise fraud risks, understand common fraud tactics, and respond effectively.
For full regulatory and legal transparency, please refer to the following pages:
These documents set out the legal framework under which Clearing’s services are provided in each jurisdiction.
Clearing maintains clear accountability for compliance, financial crime prevention, and regulatory engagement across the group.
Our compliance function is responsible for the design, implementation, and ongoing oversight of Clearing’s global compliance framework, ensuring regulatory obligations are met consistently across all jurisdictions in which we operate.
For compliance-related enquiries, please contact: compliance@clearing.com