Hidden Road Gets EU Licence
Posted by Colin Lambert. Last updated: May 23, 2023
Credit network Hidden Road says its Netherlands entity, Hidden Road Partners CIV NL, has recently been granted a license as an investment firm by the Netherlands Authority for the Financial Markets (AFM).
The license enables Hidden Road to offer spot and derivative products to institutional counterparties within the European Economic Area and adds to licenses, registrations and certifications for the firm’s entities around the world.
The firm says the AFM’s approval complements the firm’s UK entity, Hidden Road Partners CIV UK, which is an FCA-registered MiFID and AMLD5 investment firm. Together, these registrations enable Hidden Road to offer spot and derivatives products across both traditional and digital assets throughout the EU and UK. The firm says it also recently achieved SOC 2 Type 1 and UK Cyber Essentials certifications.
“The addition of a Dutch regulated entity to our existing UK and US regulated entities permits us to offer our product suite to EU-domiciled institutional clients, and we’re excited to capitalise on this expansion to our regulated entity footprint,” says Michael Higgins, global head of business development for Hidden Road. “This marks another step to provide credit intermediation services globally in a regulated and transparent manner.”