Common use of Interested Person Clause in Contracts

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who is or who has been entrusted with prominent public functions in the Republic or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to have joint beneficial ownership of legal entities or legal arrangements, or any other close business relations, with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed person.

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who has its place of residence in a European Union Member State or in third countries, and who is or who has been entrusted with prominent public functions in the Republic been, or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy its immediate family members or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to such person are or have joint beneficial ownership of legal entities or legal arrangementsbeen, or any other close business relations, entrusted with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed personprominent public functions.

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” _______________________________________________________________________________________________________ Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who has its place of residence in a European Union Member State or in third countries, and who is or who has been entrusted with prominent public functions in the Republic been, or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy its immediate family members or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to such person are or have joint beneficial ownership of legal entities or legal arrangementsbeen, or any other close business relations, entrusted with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed personprominent public functions.

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who is or who has been entrusted with prominent public functions in the Republic or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to have joint beneficial ownership of legal entities or legal arrangements, or any other close business relations, with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed person.”

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the 6 broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who is or who has been entrusted with prominent public functions in the Republic or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to have joint beneficial ownership of legal entities or legal arrangements, or any other close business relations, with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed person.”

Interested Person. a Person who is not a Customer of the Company however he is interested on the Services provided by the Company therefore he is granted with a Trial Account. Introducing Broker – a Person (including its employees, subsidiaries, sub-agent and affiliates) which is remunerated by the Company for referral of Customers to the Company. KYC Process – means any "Know Your Customer" process required to be made by the Company under applicable Laws and Regulations, and which are designed to identify the Customer, verify the identity of the Customer, perform background checks on the Customer, construct an economic profile of the Customer and assess the appropriateness of the Services to the Customer. Laws and Regulations – Cyprus Law 87(I)/2017, which implemented ‘MiFID II’ in Cyprus Law and which provides for the provision of Investment Services, the exercise of Investment Activities, the operation of Regulated Markets and Regulation (EU) 600/2014 (MiFIR), as well as the regulations, arrangements, directives, circulars and customs of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Law 188(Ι)/2007 for the Prevention and Suppression of Money Laundering and Terrorist Financing Law and any other authorities which govern the operation of Cyprus Investment Firms (as defined in such Laws and Regulations), as they are amended or modified from time to time. Lot – “A lot refers to a set amount of a particular asset that is the amount you buy or sell with each transaction. In the financial markets, a lot represents the standardized quantity of a financial instrument as set out by the ________________________________________________________ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 6 broker. It means that investors have a standardized contract and always known how much of an asset they are trading when they open a position. A lot can refer to any asset class or financial instrument.” Market Maker - means a person (Company or individual) who is active on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him. Margin – the necessary guarantee funds to open positions, as determined in the trading conditions. Margin Level – index characterizing the account, calculated as: Equity/Margin. Negative Target Market - Clients with no understanding of capital markets and derivatives and experience in CFDs or Transferable Securities or other types of derivatives trading, as per the Company’s Product Governance Policy. Open Position – deal of purchase (sale) not covered by the opposite sale (purchase) of the contract. Operating (Trading) Time of the Company – period of time within a business week, where the trading terminal of the Company provides the opportunity of trading operations. The Company reserves the right to alter this period of time as fit, upon notification to the Customer. Politically Exposed Person - a natural person who is or who has been entrusted with prominent public functions in the Republic or in another country during the last 12 months, an immediate close relative of such person as well as a person known to be a close associate of such person. Provided that, for the purpose of the present definition, ‘prominent public function’ means any of the following public functions: heads of State, heads of government, ministers and deputy or assistant ministers; members of parliament or of similar legislative bodies; members of the governing bodies of political parties; members of supreme courts, of constitutional courts or other high-level judicial bodies, the decisions of which are not subject to further appeal, except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors, chargés d'affaires and high-ranking officers in the armed forces; members of the administrative, management or supervisory bodies of State-owned enterprises; directors, deputy directors and members of the board or equivalent function of an international organisation; mayor. Provided further that no public function referred to in points above shall be understood as covering middle-ranking or more junior officials. Provided furthermore that "close relatives of a politically exposed person" includes the following: the spouse, or a person considered to be equivalent to a spouse, of a politically exposed person; the children and their spouses, or persons considered to be equivalent to a spouse, of a politically exposed person; the parents of a politically exposed person; Provided even furthermore that ‘persons known to be close associates of a politically exposed person’ means natural person: who is known to have joint beneficial ownership of legal entities or legal arrangements, or any other close business relations, with a politically exposed person; who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the de facto benefit of a politically exposed person.”