Terms of use

Terms and Conditions


Please read these Terms and Conditions ("Terms", "Terms and Conditions") carefully before using the https://www.meridianassetsent.com website (the "Service") operated by Meridian Assets Holdings. Ltd. (“Meridian Assets”, the “Company”, "us", "we", or "our").

By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.


This Website is owned and controlled by Meridian Assets Holdings Scotland (“Meridian Assets Holdings”).

These Terms of Use apply if you use this Website as a visitor and/or as a client of Meridian Assets. If you are a client of Meridian Assets these Terms of Use also provide information relevant to the services (“Services”) provided by Meridian Assets. By using this Website, you confirm your acceptance of these Terms of Use and you agree to be bound by them. These Terms of Use, as well as the content and information on this Website, may be amended or updated from time to time by Meridian Assets, without notice. Meridian Assets may also add features to, or remove features from, this Website at any time and from time to time in its sole discretion. Your continued access to this Website following any amendment or update to these Terms of Use will constitute your acceptance of the amended or updated Terms of Use. If you do not agree to these Terms of Use, you should stop using this Website.

Access Subject to Local Restrictions

Meridian Assets’s services may not be available to all residents of all countries. Meridian Assets's services, including this Website and all content and information on it, are not directed at or intended to be used by any person resident or located in any country where: (1) such services and/or the distribution of such content or information is contrary to the laws of such country; or (2) such services and/or distribution of such content or information is prohibited without obtaining the necessary licenses or authorizations in that country and such licenses or authorizations have not been obtained.

Meridian Assets Clients

Consulting this Website for information does not make you a client of Meridian Assets, or constitute a customer relationship. Meridian Assets does not have a duty or incur responsibility or liability towards you merely because you visit this Website. To become a client of Meridian Assets you must complete the account opening process. This includes providing the required information on the registration page and funding your Meridian Assets account

No advice

Information on this Website is provided for information purposes only. Nothing on the public areas of this Website should be considered personal investment advice. Personal investment advice may be provided to clients in their user area of the Website only. Any personal investment advice is provided in the context of the client relationship only. Nothing on this Website is intended to provide legal, accounting, financial or tax advice, and you should not be relied upon in that regard. Please consult with your professional advisor with respect to your particular circumstances.

No offer of securities

Meridian Assets provides crypto currencies trading services. Once you become a client, you will authorize us to manage the crypto in your Meridian Assets account. Accordingly, nothing on this Website is intended to be an offer to sell nor a solicitation of an offer to purchase any security.

Risk and rewards

Investing offers returns on your investment. The anticipated return or reward from investing corresponds to the level of risk taken. Although Meridian Assets undertakes due care when preparing investment strategies and selecting an applicable investment strategy for your Meridian Assets account, Meridian Assets gives no guarantee, warranty, assurance or otherwise as to: (1) the future value, earnings, profitability, capital value or capital appreciation of your Meridian Assets account; (2) any specific outcome in terms of the performance of any asset in your Meridian Assets account; or (3) achieving your investment objectives. Investment decisions should not be based solely on the information on this Website. We recommend and encourage you to read our Investment Risk Disclosure Document below. You must carefully consider the appropriateness of investing in light of your own personal financial circumstances, including cash flow needs, tax circumstances, or other complex or subjective concerns. You should review your investing objectives on a regular basis to ensure that your investment strategy remains consistent with your investment objectives and current financial situation. You can discuss your investment objectives and investment strategy with us at any time.

Forward Looking Statements

This Website may contain statements that constitute “forward looking statements”. While such forward looking statements may represent Meridian Assets’s future expectations, given that they are future expectations only, a number of factors and uncertainties could cause actual results to materially differ from those expectations. Meridian Assets is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward looking statements whether as a result of new information, future events, or otherwise. There are risks to relying on such “forward looking statements”.

Data protection and privacy

Meridian Assets takes the protection of your data and privacy seriously.

Meridian Assets has a Privacy Policy which explains how personal data is collected on this Website, and from you, and how this is used. The Privacy Policy is part of these Terms of Use and is incorporated by reference. The Privacy Policy may be amended or updated from time to time by Meridian Assets. You can read the Privacy Policy at Here .

Intellectual Property

Meridian Assets and the Meridian Assets logo are trademarks of Meridian Assets Holdings. All rights reserved, © 2015-22. The content and information published on this Website and the structure and operating features of this Website are the property of Meridian Assets. They are protected by copyright and trademark laws and other intellectual property rights . Unauthorized use or exploitation of the content published on this Website and the structure of this Website is strictly prohibited. You may not, reproduce, modify, transmit (by electronic means or otherwise), modify, link into, or use, this Website, or any part of this Website, for any public or commercial purpose without the prior written consent of Meridian Assets. If you wish to use the content or information of, or link into, this Website, or the copyright or trademarks of Meridian Assets, for any purpose, please contact us.

Links to other websites

This Website may contain links to other websites, content, or services that are provided by third parties and that are not owned or controlled by Meridian Assets. These links are provided for your information, and for your convenience, only. Links to other websites, or links from other websites to this Website, should not be taken as Meridian Assets’s endorsement or approval of such websites, the third parties named on those links, or their products and services. Meridian Assets has not verified such websites and has no control over, and assumes no responsibility for, the accuracy of the content and information, privacy policies, or practices of any third party website or third party product and services. Meridian Assets is not liable under any circumstances for any losses or damages whatsoever (including direct, indirect and consequential losses) caused or alleged to be caused by, or in connection with, accessing links to third party websites from this Website. No liability is assumed for incompatibility, non-suitability, viral infection or other destructive/disruptive components on or from such websites. You should read the terms and conditions and privacy policies of each third party website that you visit.

Your obligations

When you create a Meridian Assets account on this Website, you must provide us with information that is accurate and complete. You must keep your details up-to-date, and current at all times. Failure to do so constitutes a breach of these Terms of Use and of the Asset Management Agreement. You are solely responsible and liable for any activity that occurs under your account on this Website. You are responsible for safeguarding the password that you use to access this Website or an associated third-party service. You should not disclose your password to any other person. If you become aware that there has been authorized use, or a breach of security, of your Meridian Assets account, you must notify us immediately.

Client user area

Access to and use of password protected and/or secure areas of this Website are restricted to authorized clients only. Unauthorized persons attempting to access these areas of this Website may be subject to prosecution.

Prohibitions when using this Website

When accessing this Website, you agree not to do any of the following:

  • Use a robot, spider, scraper, deep link or other similar automated data gathering or extraction tools, program, algorithm or methodology to access, acquire, copy or monitor the Website or any part of this Website.
  • Use or attempt to use any software, tool, engine, agent, or other device or mechanism (including browsers, robots, avatars or intelligent agents) to navigate or search this Website, other than
    • the search engines and search agents available through this Website, or
    • third party search engines and third-party web browsers (such as Google or Microsoft Explorer).
  • Post or transmit any file in, on or through this Website that contains viruses, worms, Trojan horses or any other contaminating or destructive features, or that otherwise interfere with the proper working of this Website.
  • Attempt to decipher, decompile, disassemble, or reverse-engineer any of the software comprising or in any way making up this Website or any part of it.

Communication

Meridian Assets cannot guarantee complete confidentiality or security for information that is transmitted electronically. Ordinary e-mail messages sent over the internet may not be confidential or secure. When you communicate with Meridian Assets by e-mail, Meridian Assets cannot guarantee that the data sent will not be accessed or compromised, by third parties. The content of an e-mail may be transmitted across national borders, even if both sender and recipient are located in a particular country. Communication via this Website is, however, secure and encrypted. By using this Website, or communicating with us via e-mail, you acknowledge that Meridian Assets is not responsible for any losses or damages that you may suffer as a result of electronically transmitting information of a confidential or sensitive nature being transferred between you and us. Please refer to Meridian Assets's Privacy Policy for more information at Policy .

No warranty

The use of this Website and the Services is at your own risk. The content and information on this Website is provided for personal use and for informational purposes only. This Website, together with all content and information is provided “as is” and “as available”, without any representations or warranties of any kind. This Website is subject to change without notice. Meridian Assets has taken reasonable efforts to ensure that the content and information on this Website is accurate and reliable. However, errors may sometimes occur. Meridian Assets is not under any obligation to update or keep current the content or information on this Website nor to remove any outdated information from this Website or to expressly mark it as being outdated. When determining the value of your Meridian Assets account, Meridian Assets uses reasonable efforts to obtain reliable information from third party sources. The value of your Meridian Assets account is, however, provided on an “as is” basis without representation or warranty of any kind (neither express or implied) and Meridian Assets disclaims liability where any valuation may not be accurate. Because Meridian Assets is an internet-based asset manager, there are system risks including, but not limited to, the failure of hardware, software, and internet connection. It is possible that, on occasion, this Website cannot be available 24/7 and that there may be delays, inaccuracies, errors, interruptions or omissions in respect of information related to your Meridian Assets account. Meridian Assets expressly disclaims all express or implied warranties of any kind as to the content and information on this Website, in particular as to its accuracy, reliability, completeness and relevance. Meridian Assets also does not warrant the timeliness, security, reliability or availability of this Website or that this Website will be available at all times, is virus-free or error-free.

No Liability

To the fullest extent permitted by law, in no event will Meridian Assets or any of its directors, officers, employees, service providers or agents have any liability whatsoever to you or any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of this Website, or any links to third party websites. If you are a client of Meridian Assets, your Asset Management Agreement sets out when Meridian Assets may be liable to you under that agreement. You are responsible for ensuring that you have adequate and appropriate data security measures in place on your devices (such as computer and mobile phone) and that you act in accordance with good practice to protect yourself against fraud or cyber-attacks. Meridian Assets specifically disclaims all liability from losses or liabilities suffered by you as a result of interference with your devices caused by unauthorised persons (including harm caused by viruses or attacks by hackers). Meridian Assets and its officers, directors, employees, service providers or agents will not be liable in any event for any direct, indirect, incidental, special, punitive or consequential damages howsoever caused arising out of the use of this Website, this Website’s content or information, or the inability to use this Website. This disclaimer of liability applies to any and all damages or injury, including those caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft, destruction, or unauthorized access, whether for breach of contract, tortious behavior, negligence or under any other cause of action.

Indemnification

You agree to indemnify and hold harmless Meridian Assets and/or any of its directors, officers, employees, service providers or agents from and against any and all actions, proceeding, costs, liabilities, damages, claims and expenses, including reasonable legal fees, arising from or in connection with your use of this Website or a breach of these Terms of Use by you.

Severability Clause

if any provision of these Terms of Use is held to be invalid or unenforceable by any court, then that provision will be deemed to have been severed from these Terms of Use and the remaining provisions of these Terms of Use will remain in effect. The invalid or unenforceable provision(s) will be replaced by a substitute provision that best reflects the intention of the previous provision without being unenforceable.

Other Important Legal Information

Meridian Assets is regulated in Scotland

Becoming a client

Asset management services are provided to Meridian Assets clients only. To become a client of Meridian Assets you must complete the account opening process. This includes providing the required information on the registration page and funding your Meridian Assets account. By becoming a client, you appoint Meridian Assets as the manager of your Meridian Assets account. When providing information to us, you must ensure that is accurate, true and complete. We may ask you to provide additional or updated information about you or in connection with your Meridian Assets account during the course of your client relationship with us. When you provide information to us as part of your account opening process, we will use that information to open an account on your behalf with Meridian Assets. By completing the online steps to open your Meridian Assets Account, you consent to us sharing your information with Meridian Assets. You will be provided with the appropriate details to make payments into your Meridian Assets account once you have signed up. When you are a client, you will become a “qualified investor” under certain laws. This means that Meridian Assets may make trades that you may not be able to make as an individual investor trading on your own.

Your investment strategy

On becoming a client, Meridian Assets will provide a well tailored and personalized plan to you. This takes into account your investment objectives, investment time horizon and risk profile. You may change your investment strategy at any time. Meridian Assets offers a set of pre-determined investment strategies. These may be modified for you.

Meridian Assets’s management of your account

Meridian Assets will manage your account. Your investment authority grants Meridian Assets the discretion to invest your crypto and assets of your Meridian Assets account within the agreed limits of your Investment Strategy. Meridian Assets may also agree other limits with you. At times, Meridian Assets may be required to convert funds in your Meridian Assets account into a different currency. Any conversions will be made at the exchange rate applicable at the time of conversion. Meridian Assets will not be responsible for any losses arising from movements in exchange rates.

Deposits and Withdrawals

Only you can make deposits into, and withdrawals from, your Meridian Assets account. You can deposit as much as you like into your Meridian Assets account. You may make deposits into, and withdrawals from, your Meridian Assets account of any amount at any time. However, unless you are terminating your Meridian Assets account, you cannot take your capital under 365 days. Withdrawals will only be made to the bitcoin wallet that is registered in your account. As your crypto is held with Meridian Assets, it is possible that they may impose withdrawal restrictions in certain events.

Minimum lock-up periods

The money invested in your Meridian Assets account is subjected to a minimum lock-up time period. You need to keep your capital in your Meridian Assets account for 365 days unless you are terminating your Meridian Assets account. You can withdrawal your profit at any time. Please note that once a withdrawal has been requested, generally, it may take up to 3 business days to transfer the funds to your wallet. You should note that as your money is held with Meridian Assets, it is possible that they may impose withdrawal restrictions in certain circumstances.

Management Fees

Meridian Assets do not collect any management fee. There are no custody costs, no trading costs, no deposit or withdrawal costs and no additional administration costs.

Annual Report and tax summary

Meridian Assets clients will receive an annual report. In addition, Meridian Assets clients can receive an annual tax summary for tax reporting purposes. The summary is for the calendar year ending 31 December. Meridian Assets advises you consult your tax advisor. Meridian Assets does not provide other reports to you. The performance of your account can be accessed 24/7 via the user section of our website.

Conflicts of Interest

Meridian Assets has a conflicts of interest policy. You can read the Conflicts of Interest Policy below.

Conflict of Interest Policy

Policy Statement

Meridian Assets management (“Meridian Assets”) has adopted this Conflicts of Interest Policy (“Policy”) to prevent conflicts of interest arising between Meridian Assets and its clients. Clients of Meridian Assets are those who have provided the required information on the registration page and funded their Meridian Assets account.

In accordance with Meridian Assets’s values and applicable laws and regulations, Meridian Assets is required to act with integrity and to manage conflicts of interest fairly. This Policy sets out the procedures and controls which help Meridian Assets identify and appropriately deal with conflicts of interest - actual, apparent and potential. This policy is dated, and in effect from, 7 February 2018. It remains effective until a more recent version is released. Meridian Assets reserves the right to amend or supplement this Policy at any time.

Preventing conflicts of interest

Conflicts of interest may arise if Meridian Assets or any person directly or indirectly controlled by Meridian Assets (such as an employee) is likely to make a gain (financial or otherwise) at the expense of a client. Accordingly, Meridian Assets has taken steps in creating its business model and systems to prevent conflicts of interest. These include:

  • Meridian Assets makes each of its different standard portfolios available equally to all clients, prospective clients and to its employees;
  • Meridian Assets’s portfolios are based around trading in crypto currency's, so there is no risk of investments being directed towards assets controlled by its employees or related parties;
  • Meridian Assets does not reward its employees on the basis of trading volumes or derive fees or commissions from trading activities, so there is no unnecessary trading or “churning” in a client’s portfolio to derive fees;
  • Meridian Assets receives no third party benefits (such as retrocessions, kick-backs, finders fees, commissions or comparable third party benefit) from managing a client’s account, or when it buys and sells assets on behalf of a client. Nevertheless, if Meridian Assets does enter into a transaction on behalf of a client that results in a third party benefit to Meridian Assets, Meridian Assets will transfer that benefit to that client.

Managing conflicts of interest

Meridian Assets has also established processes, procedures and organisational arrangements to manage other possible conflicts of interest that may arise. These include:

  • all employees are bound by professional confidentiality;
  • all employees are required to act with integrity and in compliance with Meridian Assets’s policies and procedures;
  • all employees are obligated to immediately inform senior management of any circumstance which could give rise to a possible conflict of interest with a client;
  • all employees are not to use information acquired through working for Meridian Assets to gain an improper advantage for themselves or any other person, or to cause detriment to a client;
  • senior management encourages an appropriate culture which emphasises the importance of ethical treatment of clients and the fair handling of conflicts of interest; and
  • all clients are to be treated fairly and with transparency.

Identification of conflicts of interest

We have identified the following conflicts of interest which cannot necessarily be prevented by Meridian Assets:

  • Clients may be involved, or have an interest in, businesses which compete Meridian Assets (or its employees).

Disclosure of conflicts of interest

Once a conflict of interest between Meridian Assets and a client is identified by Meridian Assets, Meridian Assets will disclose that conflict to the client if Meridian Assets considers that the measures it has established, or could establish, are not sufficient to avoid or manage such conflict of interest fairly.

Registration of conflicts of interest

Meridian Assets maintains a list of the activities that could give rise to a conflict of interest and which may be detrimental to the interest of one or more clients. This list facilitates the management of conflicts of interest and possible conflicts of interest.

Employee and related persons personal trading

Given the nature of our business and services, a conflict of interest should not arise by an employee or related person (such as a shareholder) undertaking personal share trading activities. However, to prevent such conflicts of interest, employees must obtain approval from senior management for personal trading accounts. Approval (or rejection) of personal trading accounts is based on consideration of likely conflicts of interest and a desire to avoid any conflicts of interest.

Limitation

This Policy has been prepared to comply the Meridian Assets management Rules of Conduct. It is not intended to create third party rights or duties, or to form any part of any contractual arrangement between Meridian Assets and any client.