Regulatory and governance
The facts a counterparty will want to verify
This page states Titanium's regulatory position precisely and points to the independent source. Where a matter is not published here, it is because it belongs in a diligence exchange rather than on a website, not because it is unavailable.
Entity and permission
Regulated entity
Titanium Financial Ltd, trading as Titanium Escrow
Regulator
Financial Services Regulatory Authority of Abu Dhabi Global Market
Permission
Providing Custody and Providing Money Services
FSRA Financial Services Permission Number
200010
Date granted
26 November 2020
ADGM Registration Number
000003948
Registered office
Al Khatem Tower, ADGM Square, Abu Dhabi, United Arab Emirates
Independent verification
The authorisation and its scope can be checked on the ADGM public register. Titanium's own description of its permission should be read against that entry.
What this page deliberately does not say
Authorisation is not endorsement. The FSRA grants a Financial Services Permission. It does not approve, recommend or endorse a firm, and there is no separate escrow permission within the regime. A firm describing itself as holding one is describing something that does not exist.
Regulation is not an assurance of outcome. A permission tells a counterparty which regime a firm operates under and which conduct and client money rules apply to it. It does not insure a transaction and it is not a substitute for reading the escrow agreement.
Independence is a scope statement, not a virtue claim. Titanium has no lending or advisory relationship with any party to a transaction it holds funds for. It also has no authority to decide anything about that transaction. Those two facts are the same fact.
Client account arrangements
Client funds are held separately from Titanium's operating funds under the applicable client money arrangements. Emirates NBD is a banking partner for client accounts. The specific account arrangement for a mandate is confirmed during onboarding.
Release is governed by the applicable agreement and the authorised instruction mechanism, subject to applicable law and regulatory requirements.
Onboarding and screening
Titanium applies customer due diligence, beneficial ownership identification, sanctions and adverse media screening, and source-of-funds verification appropriate to the party and the mandate. Enhanced due diligence is applied on a risk-assessed basis.
The firm maintains a Money Laundering Reporting Officer and a Deputy Money Laundering Reporting Officer. Onboarding applies to receiving parties as well as to funding parties.
Matters addressed directly rather than published
Institutional counterparties routinely ask for the following. They are handled in a diligence exchange, where the answer can be given for the specific engagement rather than as a general representation. Raise them with us and we will respond in that form.
Governing law and dispute forum
Recorded in each escrow agreement as the parties choose. Titanium does not impose a default and does not represent that any forum is usual.
Liability and contractual framework
As set out in the executed agreement for the mandate.
Insurance position
Provided in the diligence response for the engagement, subject to the applicable confidentiality terms.
External audit
Current information is provided directly in response to an institutional diligence request.
Insolvency treatment of client funds
Explained by reference to the applicable client money regime in the engagement's diligence exchange.
Information security and business continuity
Relevant policies and responses are shared through the counterparty's diligence process.
Fees
Quoted for the specific mandate after initial review and recorded in the agreement.
Verify further
Where to check the position independently
Verified facts
Every entity and permission fact with the source that confirms it, and a note on what Titanium does not publish.
Read the facts pageFor transaction counsel
What Titanium needs at first instruction, the questions the agreement has to answer, and the limits of Titanium's authority.
Counsel briefingMachine-readable facts
The same facts as a versioned JSON document, each entry carrying its source, for diligence and research workflows.
Open facts.jsonDiligence enquiries
Send the request and the counterparty it is for. We will respond in the form your process needs.