Returns prepared on time. From the same verified figures.
The UK monthly safeguarding return, audit packs, the resolution pack and locked records, produced from each entity's reconciled position, in the structure its regulator asks for, and open to auditors, banks and regulators read-only.
How it works.
Reconciled figures
Each entity's signed-off position for the period.
Rules applied
That entity's own regulatory rules applied to its actual figures.
Prepared and approved
Reports produced in the regulator's structure, then reviewed and approved by your team.
Locked
Each approved record locked, with a unique code anyone can check.
Each regulator's report, in its own structure.
Your reconciled figures, set out the way each regulator asks for them.
| Regulator | Report | Produced as |
|---|---|---|
| Financial Conduct AuthorityUnited Kingdom | Monthly safeguarding return (SUP 16 Annex 29BR) | Ready to file, filed in My FCA |
| State regulators, through NMLSUnited States | Money services business call report | CSV in the NMLS upload layout |
| Stablecoin issuers, GENIUS ActUnited States | Monthly reserve composition report, with CEO and CFO certification | Report and certification |
| Bank of CanadaCanada | Retail payment activities annual report, sections 2 and 4 | Completion workbook for PSP Connect |
| De Nederlandsche BankNetherlands | T80.01 safeguarding method and T83.00 client funds | Cell workbook for DLR |
| Monetary Authority of SingaporeSingapore | PSN04 Form 8 and Form 5 | MASNET layout |
| Australian Securities and Investments CommissionAustralia | FS71 Part 2, with the client money schedule | Prepared return |
| Hong Kong Monetary AuthorityHong Kong | Stored value facility review pack | On the HKMA template you upload |
Your team reviews and approves every report, then files it in the regulator's own portal.
The regulator's own form.
Filled from each entity's reconciled figures, checked, then approved by your team.
NMLSMSB Call ReportPermissible investments
PI10Deposits in domestic banks41,260,000PI32Money market funds rated AAA5,100,000PI90US Treasury securities2,152,900PI120Outstanding transmission liability48,210,400
FCASUP 16 Annex 29BRMonthly safeguarding return
Q16Safeguarding resource31,579,118Q18Safeguarding requirement31,604,118Q20Shortfall at the end of the period−25,000Q21Adjustment made+25,000GENIUS Act§4(a)(1)(C)Monthly reserve composition
Filing checks
Checked before it is filed.
| Check | Result |
|---|---|
| Acknowledgement letter for every safeguarding account | Passed |
| Every reconciliation on time | Passed |
| No late source changes since approval | Passed |
| No unresolved validation errors | Passed |
| Approval code matches the figures | Passed |
Audit packs
Evidence packs for every period.
| Pack | Covers | Status |
|---|---|---|
| Auditor evidence pack | Q3 | Locked |
| Monthly board pack | September | Locked |
| Daily safeguarding and exceptions pack | 30 Sep | Locked |
| Breach and notification pack | One breach | Draft |
| Resolution and wind-down evidence pack | 30 Sep | Locked |
Access
Auditors, banks and regulators, read-only.
| Who | Access |
|---|---|
| External auditor | Read-only |
| Safeguarding bank | Read-only |
| Regulator | Read-only |
Verification
Records anyone can verify.
Records
The safeguarding record, kept current.
| Record | Status |
|---|---|
| Resolution packUpdated after the 07:14 run | Current |
| Acknowledgement letter, ClearBankExpires 14 Mar 2027 | In place |
| Acknowledgement letter, Banking CircleExpires 2 Dec 2026 | Expiring soon |
| Safeguarding policyIn the policy library | Current |
Capital, wind-down and safeguarding responsibility.
For UK payment and e-money firms, the regulatory records beyond safeguarding sit on the same platform, signed off and locked.
Controls and audit.
Your team approves
No report leaves Safeheld without review and approval by your team.
Matching code
The approved figures and the exported return must carry the same code.
Late changes blocked
A change to source data after approval blocks export until the figures are approved again.
Read-only outsiders
Auditors, banks and regulators can view, never change.
Every pack traced
Each pack lists the reconciliations, breaches and source runs it was built from.
Public verification
Anyone holding a locked record can confirm it is unchanged.
What it produces.
Each entity's return in its regulator's structure.
Workbook, CSV or return fileAuditor, board, daily, breach and resolution packs.
Locked packsResolution pack, acknowledgement letters and policies.
Kept currentA unique code for every locked record.
safeheld.com/verifyQuestions.
What is the monthly safeguarding return?
Since 7 May 2026, UK payment and e-money firms report their safeguarding position to the FCA every month, in the return known as REP027. Safeheld builds it from the reconciled figures, checks it before filing and keeps the record behind every number.
What must the resolution pack contain, and how fast?
The CASS 10A resolution pack sets out where customer money is held and who it belongs to, so an administrator could return it if the firm failed. It must be retrievable within 48 hours. Safeheld keeps it current from the daily reconciliation.
Which reports are ready to file?
The UK monthly safeguarding return is produced ready to file in My FCA. The other reports are produced in each regulator's structure for your team to file in that regulator's portal.
Does Safeheld file on our behalf?
No. Your team reviews, approves and files every report. Safeheld produces it from the reconciled figures and keeps the locked record.
Which US requirements are covered?
Permissible investments under the money transmission rules of California, Texas, Florida, New York and Washington, the NMLS money services business call report, and the GENIUS Act monthly reserve composition report for stablecoin issuers.
What does our auditor receive?
Read-only access, an audit engagement workspace and the auditor evidence pack for the period: reconciliations, sign-offs, exceptions, breaches and the source of every file.
How does verification work?
Every locked record carries a unique code of its contents. Pasting it at safeheld.com/verify confirms the record is unchanged, with no sign-in and no firm data disclosed.