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Companies that operate in a regulated industry or activities such as online payment services, auctioneers and insolvency practitioners may be required to provide a regulatory bond to procure and maintain their licenses to operate. Additionally, companies that don’t have any directors who are residents within the domiciled country may, in some territories, be required to post a bond to cover potential fines for breaches of the relevant company law.
Regulatory Bonds
Companies that operate in a regulated industry or activities such as online payment services, auctioneers and insolvency practitioners may be required to provide a regulatory bond to procure and maintain their licenses to operate. Additionally, companies that don’t have any directors who are residents within the domiciled country may, in some territories, be required to post a bond to cover potential fines for breaches of the relevant company law.
Surety Team
Stephan Bachmann
CEO – Lockton Switzerland
Stephan.Bachmann@lockton.com
+41 79 729 17 79
Romain Hemery
Head of Romandie and Marine
Romain.Hemery@lockton.com
+41 79 867 30 20