Built to be
scrutinised
Decisions have authors
In most institutions a decision has no author. An application is scored, a policy nobody in the building wrote is applied to it, and the answer arrives with no name against it. The applicant learns the outcome and never learns who reached it.
Here a decision is taken by people sitting together and is recorded as theirs. Acceptance, refusal and every material change to a relationship are minuted, with the reasoning set down at the time rather than reconstructed afterwards. The committee is small enough that its members can be counted.
That includes the answers a member would rather not have. A refusal is a decision like any other — taken in the same room, written into the same book, and explained to the person it concerns wherever the law permits us to explain it. A house that cannot say no clearly has never really said yes to anything.
Four standing positions
Small on purpose
A private bank is limited by the number of relationships it can genuinely hold in mind. We would rather decline than dilute, so the size of the book is a decision the house takes rather than an outcome it reports.
Say the perimeter out loud
One licence, one regulator, and a written list of the markets we do not serve. Nothing on this site claims an authorisation MYRA does not hold, and no member is onboarded outside it.
The record before the promise
Every position sits in one ledger with an audit trail behind it. We would rather tell a member precisely what is true today than agreeably what is expected of tomorrow.
Discretion is not opacity
Confidentiality is owed to members, not to supervisors. We keep a member’s affairs out of public view and keep our own books open to the institutions entitled to read them.
One house,
clear entities
Segregation
Client money and assets are recorded separately from MYRA’s own assets and reconciled continuously. Segregation is an operational and accounting control — it is not a deposit guarantee, and it does not of itself determine how client claims rank in an insolvency.
Independent controls
Risk, compliance and internal audit report to the board, not the business. Conduct is measured, not assumed.
Conservative posture
We avoid business we cannot govern, and we decline relationships outside our licensed perimeter. Transparency towards regulators and correspondent institutions is a condition of the relationship, not an exception to it.
The office
The Board
Independent oversight of risk, conduct and capital.
Private Banking
Named bankers and private offices for members.
Risk & Compliance
Onboarding, monitoring and regulatory reporting.
Treasury
Liquidity, correspondent relationships and settlement.