Security Trustees Decoded

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SafeGold

• www.safegold.com

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Security Trustees Decoded

• A security trustee is a person or corporate
  entity which holds security for the benefit of
  others. The security involved may consist of a
  responsibility over property, a debenture over
  the assets and undertakings of a company, or a
  combination of other types of security for the
  performance of certain obligations.
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• So, what does that mean?

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An Atmosphere of Trust

• Having a security trustee as part of your
  structure reinforces to all parties that if
  something goes wrong or needs to be enforced, the
  security trustee would act impartially in taking
  the necessary steps to enforce the security and
  deliver the proceeds of enforcement to those that
  are truly entitled to it.

• In the case of digital gold like SafeGold, having
  a security trustee like IDBI Trustees ensures
  that each customer has the peace of mind of
  knowing that their interests are being protected
  at all times. The security trustee represents the
  interests of the investors and protects the
  rights of the investors as set out in the trust
  deed and agreements.

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Protecting Investor Rights

• It is essential that the security trustee is both
  an experienced professional and an independent
  party, having the right to access appropriate and
  relevant information. This allows them to
  successfully execute their role in reducing
  complications, as well as adding value and
  comfort to the participants.
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• The security trustee defends investor rights and
  also enforces security upon default.
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Peace of Mind

• Customers care about the quality of gold they buy
  and their peace of mind when it comes to savings.
  The presence of security trustees gives customers
  confidence that the gold they buy, sell and gift,
  is real and sourced from approved sources as well
  as ensuring that internal audits for purity and
  weight are thorough and effective.

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What regulates the regulators?

• Security Trustees are generally a regulated
  entity registered with SEBI and SEBI dictates
  requirements to ensure appropriate governance
  standards, monitoring of the underlying assets,
  certications and timely disclosures. An added
  benefit to the company (e.g. SafeGold) is that
  the appointment of a security trustee reduces
  compliance requirements thanks to the important
  and far reaching role the Security Trustee plays
  already!

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Key Benefits

• Since a Security Trustee has no financial
  relations with other corporate entities (like
  many banks and financial institutions), it has no
  conflict of interest in discharging its role as
  Security Trustee.
• In financial transactions, the Security Trustee
  coordinates with lenders, borrowers and all other
  agencies involved in the chain, but works
  independently.
• Protecting customers interests in respect of
  securities held under their charge including
  verification of the ownership of a purchase.
• The limitations on pledge of shares prescribed
  under various regulations, can be addressed by
  engaging a Security Trustee.
• Enforcement of the security when required by the
  lenders and disbursement of the sale proceeds
  without prejudice.

www.safegold.com
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So, where does that leave us?

• Investors need to know that their investments are
  safe and secure, and that there is a larger
  structure that has been designed to ensure this.
  This logically means that all investors should
  put more faith in service providers for their
  investments who are partnered with
  SEBI-registered security trustees.
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• When were really young, were taught not to take
  money from strangers and vice versa. As you grow
  up, you realize that the point was really
  highlighting the importance of trust in those who
  have your best interests at heart.

www.safegold.com
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Get in touch

• Email Id care_at_safegold.in
• Mobile No 888 1000 800
• Main Office 1902, Tower B, Peninsula Business
  Park, Lower Parel, Mumbai 400013
• Retail Outlet Shop No. 3, Vora Ashish Building,
  Pandit Solicitor Road, Malad (E), Opp Anandpara
  Hospital, Mumbai - 400097

www.safegold.com
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Thank you

• www.safegold.com