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
Rahul Sharma
Partner
rahul.sharma@lockton.com
+44 207 933 2112
Ben Milan
Vice President - Surety Practice Leader
ben.milan@lockton.com
+44 779 514 7809
George Clements
Account Executive
george.clements@lockton.com
+44 758 596 0735
