– COMPETENCE – ANALYSIS – INFORMATION. In compliance with current regulations, and in the light of the information the Client communicates to the Bank, the Bank shall analyse the Client’s investment experience and knowledge in relation to the products and services offered under this Agreement. Giv en this analysis, for each transaction that the Client intends to carry out, the Bank shall prov ide the Client with the information necessary to evaluate the characteristics of the planned transaction and the special risks that the transaction may involve. The Client acknowledges having been informed that the purpose of his/her Investor Prof ile is to enable the Bank to determine whether the f inancial instrum ents, in particular complex products, to which the Client wishes to subscribe, are appropriate to said Inv estor Profile. If the financial instruments prove unsuitable with regard to the Client’s Investor Profile, the Bank undertakes warn the Client in relation to the risks that his/her investment may represent. However, in the event that, for any reason whatsoev er, the Client does not provide the necessary information for establishing his/her Investor Profile, the Bank cannot be held liable. The Bank can only recommend that the Client seek inf ormation on the operating conditions and market mechanisms through which the orders will be executed and, in particular, the risks inherent in transactions executed on these markets, given, in particular, their speculative nature or their potential lack of liquidity. Without prejudice to the provisions relating to the obligation to warn for orders covering complex f inancial instruments, and in the absence of a prior request from the Bank, its inv olvement in the reception, transmission and execution of orders shall not imply any assessment by it of their appropriateness or the appropriate nature of the transaction, f or which the Bank may not be held liable and which shall be solely the Client’s responsibility. Xxxxx er, where the Client wishes to carry out a transaction inv olving f inancial instruments with which he/she is unfamiliar or for which he/she is unable to assess the risk, he/she will be responsible for requesting any additional information from the Bank bef ore placing the order and, where applicable, for requesting any pertinent documents.
– COMPETENCE – ANALYSIS – INFORMATION. In compliance with current regulations, and in light of the information the Client communicates to the Bank, the latter shall analyse the Client's experience and knowledge of investing in relation to the products and services offered under this Agreement. Given this analysis, for each transaction that the Client intends to carry out, the Bank shall provide the Client with the information necessary to evaluate the characteristics of the planned transaction and the special risks that the transaction may involve. The Bank draws the Client's attention to the fact that suitability and appropriate character tests for the service to be provided will be carried out to determine the Client's investment profile. However, if, for any reason whatsoever, the Client does not provide the necessary information requested by the Bank to evaluate the appropriateness or suitability of the service provided or the order to be processed, the Bank may not be held liable. Concerning the category in which the Client is placed, a letter will be sent to it to notify it of its status as a non-professional, professional, or eligible counterparty, of the consequences of this classification and of the ability to change categories. However, if the Client wishes to execute a financial instrument transaction with which it is not familiar, or of which it does not understand the risks, it shall be responsible for asking the Bank for all additional information and, where applicable, all useful documents, before placing the order.
– COMPETENCE – ANALYSIS – INFORMATION. In compliance with current regulations, and in light of the inf ormation the Client communicates to the Bank, the latter shall analy se the Client’s experience and knowledge of inv esting in relation to the products and serv ices offered under this Agreement. Giv en this analysis, for each transaction that the Client intends to carry out, the Bank shall prov ide the Client with the inf ormation necessary to ev aluate the characteristics of the planned transaction and the special risks that the transaction may involve. The Bank draws the Client’s attention to the f act that suitability and appropriate character tests for the service to be provided will be carried out to determine the Client’s inv estment profile. Howev er, if, f or any reason whatsoever, the Client does not provide the necessary inf ormation requested by the Bank to evaluate the appropriateness or suitability of the serv ice provided or the order to be processed, the Bank may not be held liable. Concerning the category in which the Client is placed, a letter will be sent to it to notify it of its status as a non-prof essional, prof essional, or eligible counterparty, of the consequences of this classification and of the ability to change categories. Howev er, where the Client wishes to carry out a transaction involving f inancial instruments with which it is unfamiliar or for which it is unable to assess the risk, the Client will be responsible for requesting any additional information from the Bank before placing the order and, where applicable, for requesting any pertinent documents.
– COMPETENCE – ANALYSIS – INFORMATION. In compliance with current regulations, and in light of the information the Client communicates to the Bank, the latter shall analyse the Client’s experience and knowledge of investing in relation to the products and services offered under this Agreement. Given this analysis, for each transaction that the Client intends to carry out, the Bank shall provide the Client with the information necessary to evaluate the characteristics of the planned transaction and the special risks that the transaction may involve. The Bank draws the Client’s attention to the fact that suitability and appropriate character tests for the service to be provided will be carried out to determine the Client’s investment profile. However, if, for any reason whatsoever, the Client does not provide the necessary information requested by the Bank to evaluate the appropriateness or suitability of the service provided or the order to be processed, the Bank may not be held liable. Concerning the category in which the Client is placed, a letter will be sent to it to notify it of its status as a non-professional, professional, or eligible counterparty, of the consequences of this classification and of the ability to change categories. However, where the Client wishes to carry out a transaction involving financial instruments with which it is unfamiliar or for which it is unable to assess the risk, the Client will be responsible for requesting any additional information from the Bank before placing the order and, where applicable, for requesting any pertinent documents.
