Client Classification Sample Clauses

Client Classification. 7.1. We shall not have an obligation to treat our clients in different classes depending on their knowledge and expertise.
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Client Classification. 6.1. We shall treat you as a Retail Client for the purposes of the Rules and the Applicable Regulations. You have the right to request a different method of categorisation. However, if you request a different categorisation and the Company agrees to such categorisation, you accept that the level of protection that is afforded by your relevant Regulations and other Applicable Regulations may differ. The Company cannot enter into title transfer financial collateral arrangements with Retail Clients. Remuneration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a Retail Client when the Company could offer a different financial instrument which would better meet that Client’s needs are also prohibited. In the case of Professional Clients and Eligible Counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.
Client Classification. Citi will treat you as a professional client under applicable regulatory client classification rules. As a professional client, you will receive limited protections under applicable regulatory rules. However, you are entitled to request to be treated as a retail client: as a retail client you would be entitled to additional protections under applicable regulations, including but not limited to greater information provided to you. However, if you seek classification as a retail client we may not be able to provide the same services to you. If you have any questions about or wish to discuss your classification, please contact your Relationship Manager.
Client Classification. 4.1. The Company shall treat the Client as Retail Client by default. The Company offers to the client the possibility to request reclassification. Where a Client requests different classification, he needs to meet certain specified quantitative and qualitative criteria.
Client Classification. 7.1. We shall treat you as a Retail Client for the purposes of the CySEC Rules and the Applicable Regulations. You have the right to request a different method of categorization as is explained under the Client Categorization Policy found on the Company’s Website. However, if you request a different categorization and the Company agrees to such categorization, you accept that the level of protection that is afforded by CySEC Regulations and other Applicable Regulations may differ. The Company cannot enter into title transfer financial collateral arrangements with Retail Clients. Renumeration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a Retail Client when the Company could offer a different financial instrument which would better meet that Client’s needs are also prohibited. In the case of Professional Clients and Eligible Counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.
Client Classification. Each client with whom the firm does business is categorised to identify the level of regulatory protection. We propose to classify you as ‘Retail Client’ for Investment purposes; which gives you the highest level of regulatory protection. Communications We will communicate with you in English both verbally and in writing. Services to be provided For plans that have been arranged you need to ensure these remain relevant to your personal circumstances. For any plan involving investments we recommend that you reconsider the fund choice regularly. We do not undertake to review all plans at specific intervals but you can contact us at any point for advice on your plan. For certain plans we will agree a regular review and this will be stated in your suitability letter at the time the plan is taken out. Future reviews may incur a charge which will be confirmed in advance. On issue of this letter any subsequent advice or recommendation offered to you will be based upon your stated investment objectives, acceptable level of risk and any restrictions you wish to place on the type of investments or policies you are willing to consider. We will provide you with a suitability letter to confirm our recommendation. We will not place any restrictions on our recommendations. Unless advised to the contrary, we will assume that you wish to place no restrictions on the types of investment we may recommend and in which you may subsequently invest. We will also assume that you wish to place no restrictions on the markets in which transactions are to be executed. Richardsons Financial Services does not handle clients’ money. We never handle cash or accept a cheque made out to us unless the cheque is in settlement of charges or disbursements for which we have sent you an invoice. We will also make arrangements for all your investments to be registered in your name unless you first instruct us otherwise in writing. We will forward you all documents showing ownership of your investments as soon as practicable after we receive them. Where a number of documents are due involving a series of transactions, we normally hold each document until the series is complete then forward them to you.
Client Classification. 6.1. The Company shall in its dealing with the Client apply the rules of professional conduct which govern the Company’s relationship with retail clients. If, however, the Client wishes to be governed by the Company’s regulations governing Professional Clients or as an Eligible Counterparty (as such terms are defined by Laws and Regulations), then the Client must inform the Company in writing, clearly stating such a request. The final decision for changing the Client’s classification will be at the discretion of the Company.
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Client Classification. All clients with whom the firm conducts business are firstly classified into one of three areas. These are retail, professional or eligible counter-party categories, which ultimately allows us to identify the level of regulatory protection in each case. We propose to classify you as a Retail Client for investment purposes affording you the maximum protection under current legislation, unless we inform you in writing of an alternative classification.
Client Classification. 8.1. According to Applicable Regulations, IFs must classify their Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. It is noted that the Company treats all of its Clients as Retail Clients.
Client Classification. The Company will be categorizing its clients into one of the following categories: Retail Clients and/or Professional clients. The categorization shall depend on the information provided by the Client in his Application Form and according to the method of categorization as this method is explained under the internal documentClient Categorization Policy” which policy can be provided upon request. By accepting the Agreement, the Client accepts the application of such a method. The Company will inform the Client of his categorization according to Applicable Regulations. The Client has the right to request a different categorization. The Client accepts that when categorizing the Client and dealing with him, the Company will rely on the accuracy, completeness, and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. The Company shall have the right to review the Client’s Categorization, according to Applicable Regulations, and inform the Client accordingly of the change before it comes into effect by providing the Client with advance notice. The Client shall be treated as accepting the change on that date unless, before then, the Client informs the Company that the Client wishes to terminate the Agreement and not accept the change. A retail Client will be any Client who does not meet the requirements of a Professional client. Professional Client will be deemed as such, should the Client meet at least 2 of the below requirements: ● Having available for trade assets from legitimate sources in an amount exceeding 10,000.00 USD ● Having previous proven experience in financial services/ trading for at least 3 years. ● Having a higher (Master’s degree or similar) education in the financial sector. ● Having previously confirmed broker statements of executed trades in an amount of not less than 100,00.00 USD per relationship with another financial entity.
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