Professional Client. the Client who has sufficient knowledge, skills and expertise to make sound investment decisions independently, can properly assess the associated risks and meet the criteria set for professional clients as specified in the Law on Financial Instrument Markets of the Republic of Lithuania. The Bank shall not assess whether a decision made by a Professional Client is appropriate for him, i.e. whether the Client has sufficient knowledge and experience to evaluate the risks assumed.
Appears in 2 contracts
Sources: Investment Services Provision Agreement, Investment Services Provision Agreement