Share Certificates - who holds them?

[webvivre]

Who holds the share certificates? Trading212? Third party?
If Trading212 folds how do we access are assets?

[David]

@webvivre Trading 212 holds the shares on your behalf. What do you mean by accessing your assets?

[webvivre]

Many brokers use 3rd party independent companies to hold certificates .
Your response suggests that share certificates are kept in your name. If you go bust how would we recover / sell our shares?

[Lonelynx]

Hi,

I think you need to go through this whole thread, it will have answers:

Long term investing reassurance (hopefully)

Hi all I hope this is not a daft question but has been on my mind. New to investing here. So what happens if trading 212 goes bankrupt? (To note I am impressed by what I have seen so far …but thinking of worst case scenario ). I know that FCA cover £85000. But for example over many years of compounding I have £500000 invested in etfs. What is the process if it goes bust then (or any other similar app /service) ?? Thanks

[Finki]

Held in a nominee. Usual practise. Nothing new.

See t&c document