We follow and comply with the RICS Client Money Protection Scheme Rules. Client money is easily identifiable, immediately available and held separately from Ardent Management Limited’s own money. Client money held or received by Ardent Management Limited is either banked into a general clients’ bank account or a designated discrete account. Within the general client bank account, each client’s money is recorded in individual client ledgers to maintain segregation of funds.
A payment from a client account can only be made after a specific authority has been approved by a signatory in accordance with the bank mandate, our procedures and system. All payment requests must be accompanied by supporting evidence that has been checked and authorised. Segregation of duties in the client accounting function is in place to prevent data tampering within the payment process.