Regulatory Information

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Investec Private Bank

Investec Private Bank is a division of Investec Bank plc (Reg. No. 489604) of 2 Gresham Street, London, EC2V 7QP. Investec Bank plc is authorised and regulated by the Financial Services Authority. Investec Bank plc is a member of the London Stock Exchange. Investec Bank plc is a voluntary member of the Financial Ombudsman Service, a member of the British Bankers' Association and a subscriber to the Banking Code. Investec Bank plc is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. In respect of deposits with a UK office, payments under the Scheme are limited to 100% of the first £50,000 of a depositor's total deposits with the bank. Most depositors, including individuals and small firms, are covered. This scheme is not applicable to branches in the Channel Islands.

Investec Bank (Switzerland) AG

Investec Bank Switzerland AG is regulated by the Federal Banking Commission of Switzerland and forms part of Investec Private Bank which is a division of Investec Bank plc, 2 Gresham St, London, EC2V 7QP.

Investec Bank (Channel Islands) Limited

Investec Bank (Channel Islands) Limited is part of Investec Private Bank and is a member of the Investec Group. Investec Bank (Channel Islands) Limited registered address: La Vieille Cour, St Peter Port, Guernsey, GY1 3LP (Registered number 5845) is licensed by the Guernsey Financial Services Commission to carry on banking and investment business in Guernsey and is registered in accordance with the Banking Supervision (Bailiwick of Guernsey) Law 1994, as amended and the Protection of Investors (Bailiwick of Guernsey) Law 1987, as amended. The Jersey Branch of Investec Bank (Channel Islands) Limited is regulated by the Jersey Financial Services Commission to carry on deposit taking business under the Banking Business (Jersey) Law 1991, as amended. The Jersey Branch registered address is PO Box 136
One The Esplanade, St Helier, Jersey, JE4 5ND. Copies of the Bank’s latest audited accounts are available on request. The Bank accepts deposits in all the major currencies. Telephone calls may be monitored and recorded for security and training purposes.

The Guernsey Banking Deposit Compensation Scheme
As a licensed Bank in Guernsey, Investec Bank (Channel Islands) Limited is a participant in the Guernsey Banking Deposit Compensation Scheme (the “Scheme”) established by The Banking Deposit Compensation Scheme (Bailiwick of Guernsey) Ordinance, 2008 (the “Ordinance”). The following is a brief summary of the Scheme, but is not intended as a substitute for the actual wording of the Ordinance, a copy of which is available on request.

• The Scheme only applies to ‘qualifying deposits’, which broadly means deposits made by natural persons for their own benefit; with a few limited exceptions such as, for example, deposits made by trustees of retirement annuity trust schemes, the Scheme does not apply to companies, trusts, partnerships or charities.
• The Scheme will provide compensation in the event that a Licensed Bank is unable to repay its depositors. Under normal circumstances, payment will be made within 3 months of a valid claim form.
• Compensation is limited to a maximum of £50,000 per individual claimant; in the case of a joint account each depositor would be entitled.
• Total Scheme compensation in any five year period is limited to £100 million. If this limit was exceeded, compensation would be reduced pro rata.
• The amount payable may be reduced if the Bank has any contractual right of set-off against the account. The Scheme is entitled to recover compensation from any funds subsequently paid out by the Bank.

To obtain more detailed information in relation to the scheme, please visit the States of Guernsey website at www.gov.gg and search for ‘deposit compensation’.

Deposits made with Investec Bank (Channel Islands) Limited are not covered by the Financial Services Compensation Scheme under the Financial Services & Markets Act 2000.

Investec Trust

The Investec Trust group of companies, part of the Investec Group, comprises: Investec Trust (Guernsey) Limited, licensed by the Guernsey Financial Services Commission, registered number 11453, registered office Investec House, La Plaiderie, St Peter Port, Guernsey, GY1 3RP; Investec Trust (Jersey) Limited, regulated by the Jersey Financial Services Commission, registered number 58347, registered officeOne The Esplanade, St Helier, Jersey, JE4 8UW; Investec Trust (Mauritius) Limited, regulated by the Mauritius Financial Services Commission; Investec Trust (Switzerland) SA, regulated by the Association Romande des Intermédiaires Financiers and a member of the Swiss Association of Trust Companies; and Investec Trustees (UK) Limited registered in England with company number 3731270, registered office 2 Gresham Street, London EC2V 7QP.  Investec Private Trust Limited, registered in South Africa with registration number 1937/009516/06, operates in conjunction with Investec Trust. Investec Private Trust Limited and Investec Trust (Mauritius) Limited are subsidiaries of Investec Limited which is listed on the Johannesburg Stock Exchange, and are not owned by Investec Bank plc. Please see the Investec Trust website Terms & Conditions, Privacy Statement and Data Protection Policy.