Daily safeguarding verification for UK and EU e-money institutions.
Built for Authorised and Small EMIs operating under EMR 2011, PS25/12, and EMD2.Built for Authorised and Small EMIs operating under EMR 2011, PS25/12, and EMD2. Safeheld unifies daily reconciliation, D+1 segregation timing, FCA returns, safeguarding policies, and audit evidence in a single continuously verified platform across both jurisdictions.
Relevant funds calculation
Daily relevant funds calculation · variance within band
Outstanding e-money
EMR 2011 reg 20
Unallocated receipts
PS25/12
Relevant funds calculation
Daily calculation across e-money float and payment services · run 06:12 UK time
PS25/12 compliance controls. Verified continuously.
Five core safeguarding requirements, monitored and evidenced continuously.
Daily safeguarding reconciliations
CASS 10AInternal and external reconciliations at least once each business day across bank statements, firm ledgers, and customer liabilities.
FCA notification requirements
CASS 10AAutomated detection and notification for records out of date, inability to reconcile, unresolved discrepancies, and material funding differences.
Acknowledgement letters
EMR Reg 21Track letters from every safeguarding bank: signed date, expiry, renewal alerts.
Monthly safeguarding return
SUP 16.14AThe new monthly FCA return on safeguarding arrangements: auto-populated from live platform data.
Annual audit readiness
SUP 3AFull audit lifecycle with evidence pack compiled continuously. Firms below the £100,000 relevant funds threshold are out of scope.
Resolution pack
CASS 15Maintain the records that support timely return of relevant funds in the event of insolvency.
AI RECONCILIATION ENGINE
AI-powered safeguarding reconciliation.
The AI engine reads your live reconciliation data and applies the correct regulatory framework automatically. Five structured actions, auto-match, explain exceptions, detect anomalies, generate board narratives, draft remediation plans.
Auto-match with confidence scoring
Fuzzy-matches client liabilities against safeguarded balances: with confidence scores on every pair
Exception analysis with citations
Root cause analysis for every unmatched item, citing the correct regulation
Board-ready narratives from live data
Institutional-grade reconciliation summaries generated from your current position
Exception investigation queue
Wallet top-up, EUR 22,322
EX-1188Card acquirer settled after the segregation cut-off, segregates D+1
Agent collection, EUR 6,110
EX-1186Agent remittance file received late, funds identified on the bank feed
Core verification capabilities. Purpose-built for EMIs.
Real-time liability calculation, coverage ratio monitoring, and D+1 segregation timing, verified every business day.
Liability calculation and coverage monitoring
Unified daily position across customer liabilities, safeguarded balances, and reconciliation status, with coverage ratio tracked continuously.
E-money float reconciliation
Coverage
99.91%
Consumer wallets · GBP
Matched88,412,006
Business wallets · EUR
Part matched24,118,440
Threshold breach detection and escalation
Configurable coverage ratio thresholds, predictive shortfall analysis, and automated escalation workflows with a full breach timeline.
Case BR-3181
Coverage at detection
99.91%
Shortfall
EUR 22,322
06:08
Run detected issued e-money above the safeguarded balance
06:15
Cause proposed, top-up settled after the segregation cut-off
Safeguarding timing: D+1 verified
Every fund receipt and segregation event is timestamped, with segregation by the close of the following business day verified automatically.
Regulatory return pipeline
FSA056
94/96 fields
EMR reg. 21
38/38 fields
Regulatory reporting and policy infrastructure
Auto-populated FCA returns, AI-drafted safeguarding policies, and D+1 timing verification, every output backed by immutable evidence.
Regulatory returns: auto-populated
SUP 16.14A, FSA056, FSA057, and FIN060a auto-populated from live platform data.
Policy library
Store safeguarding policies with version control and review date tracking. Alerts where a policy is due for review.
Operating Model
What changes operationally
- Relevant funds are recalculated as the ledger moves, so the D+1 segregation position is known before the deadline rather than after it.
- Each variance is logged with its cause, its remediation and its approver, so the safeguarding audit trail is built as work happens.
- Returns, board reporting and audit evidence are generated from the same reconciliation record, so the numbers reconcile to each other.
Related resources
View allPS25/12 and CASS 15: The FCA Safeguarding Requirements Explained
What PS25/12 changed, and what CASS 15, CASS 10A, SUP 16.14A and SUP 3A require operationally from 7 May 2026.
PS25How Safeheld Automates PS25 Compliance for E-Money Institutions
How EMIs are replacing manual safeguarding workflows with continuous verification: automated reconciliation, real-time breach detection, and audit-ready evidence under PS25.
PS25Payment Institution Safeguarding: Obligations, Reconciliation and Evidence
What safeguarding requires of a UK payment institution: relevant funds, D+1 segregation, daily reconciliation, resolution packs, returns and audit.
AI COPILOT
Ask questions. Get answers from live data.
Ask questions about your compliance position in plain English. Generate audit-ready reports and board narratives from live data.
Request a E-money Institutions demo.
A 30-minute working session. We map your current setup against E-money Institutions obligations and show you what Safeheld would automate.
Connect
Bank, ledger and processor data in one model
Reconcile
Liabilities against the funds that protect them
Resolve
Shortfalls and breaks routed for investigation
Prove
An auditable evidence trail behind every run