What happens to my money and assets if Endowus closes? (HK)
Updated
Your money and assets are kept separate from the Endowus company assets as required by the Securities and Futures Commission (SFC) of Hong Kong, hence we, Endowus, do not and cannot use clients’ money for our own use. Your money and assets are protected from creditors in the unlikely event that Endowus goes into liquidation.
In the unlikely event of a closure, Endowus will work with partner custodians, which hold clients’ money and assets, to ensure the orderly transfer of money and assets to other licensed financial institutions or the return of all money and assets to clients.