Sign up for our newsletter
Receive insights on the current developments at SEBA and stay ahead of the curve with our well-founded in house research papers.
First name
Last name
Email address
Continue
Back to news
News release
Thursday, 30 July, 2020

SEBA undergoes independent Assurance Engagement

SEBA´s institutional-grade solution for digital custody has successfully completed independent audits in relation with the implemented processes and controls.

Zug, 30 July 2020 – SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that its institutional-grade solution for digital custody has successfully completed independent audits in relation with the implemented processes and controls. The audit concluded with the following two ISAE 3402 reports:

ISAE 3402 Type 1: The primary objective of the suitability assessment is confirming to SEBA and its clients that SEBA´s key management and transaction controls are designed effectively and implemented

ISAE 3402 Type 2: The report confirms the operating effectiveness of controls in relation with digital custody services.

The ISAE Certificate is an international assurance standard for documenting that a service organisation has adequate internal controls; it includes controls for business, operational and IT processes, and information security. A yearly ISAE 3402 report is produced and audited, and the controls are applied to SEBA Bank’s internal processes.

Research

more
FATF and DeFi: Further thinking is required
The updates proposed by the Financial Action Task Force (FATF) to its Guidance on the risk-based approach to virtual assets are not conducive to the development of sustainable Decentralised Finance (D...
Read more
Synthetix – a platform to issue and trade synthetic assets
This digital investor explores the Synthetix protocol, its upcoming changes, and how it stacks up against other DeFi protocols in terms of valuation. The article dives into the mechanics of the protoc...
Read more
SEBA Bank expands its crypto currency offering into Decentralised Finance (DeFi)
Zug, 03 May 2021 - SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced that with a total of nine crypto c...
Read more
Stay up to date with all SEBA Bank company news and updates.
Subscribe to newsletter

Join us as we

redefine finance.

Contact us
SEBA logo

SEBA Bank AG
Kolinplatz 15
6300 Zug
Switzerland

CompanyResearchCareersContact
Receive the newest insights, research and news from SEBA Bank directly to your inbox
Newsletter subscription
© 2021 SEBA Bank AG