Important risk and regulatory disclosure about Taurus SA

Taurus SA (“Taurus”) is a Swiss securities firm authorised and supervised by the Swiss Financial Market Supervisory Authority (“FINMA”) with registered address at Rue d’Italie 11, CH-1204 Geneva, Switzerland.

As a securities firm, Taurus is offering the following financial services:

  1. Trading and brokerage of digital assets, securities and financial instruments for the account of clients and for its own account
  2. Market-making of digital assets, securities and financial instruments
  3. Issuance of digital assets, securities and financial instruments
  4. Operator of the TDX Organised Trading Facility
  5. Custody of digital assets for the account of clients.

Taurus only provides financial services on an “execution-only” basis to the following client segments as defined in the Swiss Federal Act on Financial Services (“FinSA”):

  • Professional clients;
  • Institutional clients; and
  • High-net-worth retail clients (and private investment structures created for them) declaring that they wish to be treated as professional clients (opting out).

Taurus' services are not directed to nor available for retail clients. Professional clients who are not institutional clients within the meaning of Article 4 paragraph 4 of FinSA may declare that they wish to be treated as retail clients (opting in), in which case Taurus will not be able to serve them.

Taurus' clients have the possibility of initiating mediation proceedings before the Swiss Chambers’ Arbitration Institution, a recognised ombudsman in accordance with Title 5 of FinSA.

Are clients' deposits protected under the deposit insurance esisuisse? Yes, like any bank and any securities firm in Switzerland, Taurus SA signed the Self-regulation “Agreement between esisuisse and its members”. This means clients’ deposits are protected up to a maximum of CHF 100,000 per client. Medium-term notes held in the name of the bearer at the issuing bank are also considered deposits. Depositor protection in Switzerland is provided by esisuisse, and the depositor protection system is explained in detail at esisuisse.