Independent verification of operational integrity.
Engagement, scope, and deliverables for trading firms, brokers, funds, exchanges, custodians, and infrastructure providers seeking a documented, evidence-based review against the published TIB Integrity Standards.
A TIB verification is a structured, evidence-based review of how a firm actually operates, conducted independently of the firm's marketing and commercial teams. The review applies the six pillars and thirty criteria set out in TIB Integrity Standards v1.0. Determinations are Pass, Conditional, or Fail at pillar level, with an overall registry status and a plain-language summary.
Engagements are governed by a written agreement that defines scope, fees, timelines, confidentiality, publication rights, and appeal procedure. Criteria are not negotiated; scope and evidence pathways are. The same standards apply to every firm under the same engagement type.
Who engages TIB
Firms whose operations fall within the scope of the published standards and who wish to demonstrate integrity through independent review rather than self-certification.
Proprietary trading firms
Funded-account programmes and in-house proprietary desks seeking independent verification of payout integrity, rule enforcement, and capital adequacy.
Brokers & dealers
Retail and professional execution firms seeking verification of order handling, segregation, custodian diligence, and disclosure accuracy.
Funds
Systematic and discretionary funds seeking independent review of governance, risk framework, and operational controls.
Exchanges & trading venues
Matching-engine governance, listing integrity, market-abuse surveillance, and participant protections.
Custodians
Segregation practice, reconciliation frequency, insolvency protections, and disclosure to asset holders.
Infrastructure providers
Operational-integrity review of critical service providers to the trading industry, including liquidity providers and clearing participants.
Engagement process
Four phases. Published. Applied identically to every firm under the same engagement type.
Scoping
Engagement letter defines entity, jurisdiction, products in scope, standards version applied, evidence pathway, fees, and timelines.
Evidence gathering
Direct collection of operational artefacts: policies, system logs, payout records, custody arrangements, order-handling telemetry, counterparty agreements.
Assessment
Two-reviewer evaluation against the thirty published criteria. Findings mapped to criteria, weighted by materiality, and cross-checked before determination.
Publication
Registry entry issued with scope, standards version, effective date, pillar determinations, and plain-language summary. Firm receives the full verification report.
What a verified firm receives
Every engagement produces three artefacts. All are auditable, all are tied to primary evidence, and all are governed by the engagement letter.
Public registry entry
Canonical registry URL with verified status, standards version, scope, effective date, next scheduled review, and summary findings. Participants may verify any claim of TIB verification against the entry.
Verification report
Full findings mapped to pillar criteria with evidence references. Confidential to the firm. Redacted extracts may be published with the firm's consent.
Verified mark licence
A limited, revocable licence to display the TIB verified mark in accordance with Brand Usage guidelines. The mark is withdrawn immediately on expiry or revocation.
Engagement types
TIB offers three engagement formats. The applicable standards and pillar coverage are identical across all formats; scope and evidence depth vary.
| Engagement | Coverage | Publication |
|---|---|---|
| Full verification | All six pillars, thirty criteria, full evidence review. | Registry entry with overall status + pillar-level determinations. |
| Limited-scope review | One or more specified pillars (e.g. payout integrity, execution, capital). | Registry entry marked limited-scope with named pillars. |
| Re-assessment | Periodic review of a previously verified firm; scope may be full or targeted. | Registry entry updated with new effective date. |
Fees
Engagement fees reflect scope and evidence complexity and are confirmed in the engagement letter before work commences. TIB does not operate performance-based fees, success fees, or contingent fees. Fees do not vary by the outcome of the review.
Confidentiality
All engagement evidence is handled under strict confidentiality. Sensitive data is stored under encrypted access controls on a need-to-know basis. Only the registry entry and any redacted extracts explicitly consented to by the firm are published. The full report remains confidential to the firm.
Governing law
Unless otherwise agreed, engagements are governed by the laws of the Republic of Cyprus. The courts of Limassol have exclusive jurisdiction. The master terms governing site use are published at Terms of Service. Engagement-specific terms override the master terms where inconsistent.
Begin an engagement
Applications are reviewed against scoping criteria and receive a response within five business days. A short application form initiates a non-binding conversation; engagement terms are confirmed in a written agreement prior to any review work.
Submit an application