Common use of ASSESSMENT OF APPROPRIATENESS Clause in Contracts

ASSESSMENT OF APPROPRIATENESS. The Company is obliged by applicable laws to obtain information about the client’s financial position, knowledge and experience with regards to the services offered by the Company in order to assess whether its services are appropriate for the client. In case the client chooses not to provide the Company with such information or the client provides insufficient information, the Company will not be able to determine whether its services are appropriate for the client. The Company will assume that the information provided by the client is accurate and it will have no responsibility towards the Client if the above-mentioned information is misleading or incomplete, has been amended and/or becomes inaccurate and the Company will be deemed to have satisfied its legal obligations unless the client has informed the Company of such amendments.

Appears in 3 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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ASSESSMENT OF APPROPRIATENESS. The Company is obliged by applicable laws to obtain information about the client’s financial position, knowledge and experience with regards to the services offered by the Company in order to assess whether its services are appropriate for the client. In case the client chooses not to provide the Company with such information information, or the client provides insufficient information, the Company will not be able to determine whether its services are appropriate for the client. The Company will assume that the information provided by the client is accurate and it will have no responsibility towards the Client if the above-mentioned information is misleading or incomplete, has been amended and/or becomes inaccurate and the Company will be deemed to have satisfied its legal obligations unless the client has informed the Company of such amendments.

Appears in 1 contract

Samples: Terms and Conditions

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ASSESSMENT OF APPROPRIATENESS. The Company is obliged by applicable laws to obtain information about the client’s financial position, knowledge and experience with regards to the services offered by the Company in order to assess whether its services are appropriate for the client. In case the client chooses not to provide the Company with such information or the client provides insufficient information, the Company will not be able to determine whether its services are appropriate for the client. The Company will assume that the information provided by the client is accurate and it will have no responsibility towards the Client if the above-mentioned information is misleading or incomplete, has been amended and/or becomes inaccurate and the Company will be deemed to have satisfied its legal obligations unless the client has informed the Company of such amendments.

Appears in 1 contract

Samples: Terms and Conditions

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