welcome to Transfer Authority International
Transfer Authority International is an independent regulatory body whose primary responsibility is to conduct daily market surveillance, inspections of financial firms, investigation of market misconduct, disclosure statements and criminal investigations of securities fraud. Transfer Authority International also have jurisdiction over the following:
Insolvent or Bankrupt FirmsIn the international securities industry, generally two separate broker-dealers cooperate with each other, when servicing a client's account. These are commonly known as an introductory broker and the clearing agency. The introductory broker will facilitate client's order and execute the trade. The clearing agency will hold the client's funds and securities in escrow. If the clearing firm was to become insolvent or is unable to return the client's assets, it is the responsibility of Transfer Authority International, to ensure the client's assets are returned.
Unauthorized TradingTransfer Authority International also protect against the unauthorized trading of a clients' securities portfolio in addition to any unauthorized trading by the introductory broker.
Tax Verification (U.S/Non U.S Citizens)The United States of America is a federal republic with autonomous government bodies at state and local levels. Taxes are imposed at each of these levels which include taxes on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts. Taxes are imposed on the net income of individuals and corporations by the federal, state and local governments.
Bond Requirements (U.S/Non U.S Citizens)Insurance, surety and tax bonds may be requested from financial institutions for a wide range of reasons which fall under the applicable offshore trading regulations. Transfer Authority International is able to authorize, certify and validate financial receivers who operate as an offshore entity.
The international capital markets have been experiencing dynamic changes in recent years. Innovations are continuing in financial products and trading methods through the use of IT with cross-border transactions increasing exponentially.More info
Transfer Authority International conducts inspections of financial instruments business operators. Inspections cover: (i) financial instruments business operators, such as securities companies,More info