Investor Compensation Fund. (ICF) means the fund of clients of CIFs, who are fund members, established pursuant to article 59(1) and (2) of the Law, and whose powers and functions are regulated by the provisions of the Law and this Directive DI144-2007-15 of 2015 of the CySEC.
Investor Compensation Fund means the investor compensation fund established pursuant to the SFO.
Investor Compensation Fund means the investor compensation fund established pursuant to the Ordinance;
Examples of Investor Compensation Fund in a sentence
You will be entitled to compensation under the Investor Compensation Fund where we are unable to meet our duties and obligations arising from your claim.
Investor Compensation Fund We participate in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus.
The Client, under certain preconditions, is entitled to compensation from the Investor Compensation Fund.
Any compensation provided to you by the Investor Compensation Fund shall not exceed twenty thousand Euros (20,000), applies to your aggregate claims against us.
There can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Investor Compensation Fund in full, in part or at all.
More Definitions of Investor Compensation Fund
Investor Compensation Fund the Investor Compensation Fund established pursuant to the SFO;
Investor Compensation Fund means the Investor Compensation Fund established under section 236 of the SFO;
Investor Compensation Fund. 投資者賠償基金」 means the Investor Compensation Fund established pursuant to the Securities and Futures Ordinance; 指按照《證券及期貨條例》成立的投資者賠償基金;
Investor Compensation Fund. The Company being a member of the Investor Compensation Fund (“the (Fund” or “ICF”)) provides the Client, if he is being categorized as a retail client, with the security of receiving compensation from the Fund, for any claims arising from the malfunction on behalf of the Company or if the Company fails to fulfil its obligations, regardless of whether that obligation arises from a breach of applicable laws, the Agreement or from any wrongdoing by the Company. Further details in regard to the Fund are available in the Investor Compensation Fund document uploaded on the Company’s website. • Due diligence measures: The Company has the obligation to exercise all due skill, care and diligence during the selection, appointment and periodic review of the credit institution, bank where clients’ funds are kept. The Company’s due diligence measures have been designed in such a manner so as to ensure, among others, that the good repute of such institutions is taken into consideration. • The Company may hold clients’ funds in omnibus accounts with third party financial and credit institutions. Hence, the client is warned that there is a risk of loss emanating from the use of omnibus accounts in financial or credit institutions. Omnibus accounts may also hold other types of risks including legal, haircut risk, liquidation risk, third party risk and others. It is commonly understood that any amount payable by the Company to the client, shall be paid directly to the client, to a bank account the beneficial owner of which is the client. All withdrawals can only be processed if the company has received the “KYC Documents” of the client and the client has been verified by the Company, thus the account is considered as approved.
Investor Compensation Fund means the investor compensation fund established pursuant to the Securities and Futures Ordinance. “IPO Loan” means financial assistance to finance subscriptions for IPO Shares;
Investor Compensation Fund means the fund established under the Capital Markets Decree 2009 for the purposes of granting compensation to investors who suffer pecuniary loss as referred to in Part 25A;
Investor Compensation Fund or "ICF" means the ICF for Clients of IFs, the ICF for Clients of Banks and the ICF for Clients of CCIs, as defined in part VII;