We are subject to an external annual audit by our auditors and random RBZ spot checks. We also allow for further random audits during the course of a financial year for the purpose of ensuring a continuous high standard of accounting and administration.

Our computer system is also subject to a regular computer audit. Compliance with Reserve Bank of Zimbabwe requirements forms the minimum standard with in-house controls being overlaid on these. All money market investments are either outright Treasury Bills purchases or deals secured with the same, covering both the capital amount and interest.

The clients have an option to either register their securities in the name of our nominee company or in their own name. Stanbic Bank through their nominee company provides the custodial services for our clients’ assets. Although the scrip is held in the nominee company, the assets always remain the property of the client and are accounted for separately.

Strict audit procedures similar to those mentioned above are followed. Clients’ funds are segregated from our own balance sheet and as such treated as off balance sheet items. We also provide audit certificates to our clients on request.