Warning to Clients Sample Clauses
Warning to Clients. Under MiFID, where the Company considers, on the basis of the information received from the Client, that the product and/or service in relation to the Investment and/or Ancillary Services in relation to Financial Instruments is not appropriate for the Client, the Company will warn the client accordingly. This warning may be provided in a standardised format, disclaimer and/or on-line or electronic notification. Should the Client elect not to provide the information to enable the Company to assess appropriateness, or should he provides insufficient information regarding his knowledge and experience, the Company will warn the client that such a decision will not allow the Company to determine whether the service and/or product envisaged is appropriate for the client. This warning may also be provided in a standardised format, disclaimer and/or on-line or electronic notification. Should the Client request from the Company to proceed with a transaction, in spite of being given a warning by the Company, it will be on the discretion of the Company to consider further whether to proceed in the circumstances, taking always into account and into consideration the particular risks for the Client as well as the nature of the service and/or the type of product and/or transaction. Where the Client is a Professional Client and/or an Eligible Counterparty, the Company is entitled to assume that the Client has the necessary experience and knowledge to enable the Client to understand the risks involved in relation to those particular investment services or transactions, or types of transaction and/or product, for which the Client has been classified as a Professional Client and/or an Eligible Counterparty. If the Client does not consider having the necessary knowledge and experience, the Client must inform the Company prior to the provision of such product and/or service and provide the Company with any available information as to the level of his knowledge and experience. Should the Client fail to do so, the Company accepts no liability in such circumstances. The Client explicitly and irrevocably consents and accepts that there are risks associated with trading and/or possession of given financial instruments, the potential leverage effect for these instruments, the risk of loss of all invested means, and/or potential loss of the amount in excess of originally invested means, the amount of commissions and/or other mandatory fees, foreign exchange risk related to carried o...
