Common use of Assessment of Suitability Clause in Contracts

Assessment of Suitability. In providing the Investment Services of or Portfolio Management, the Company is obliged under Applicable Regulations to seek information from a client or potential client (for example via the Client Account Application Form) regarding the Client’s knowledge, experience in the investment field relevant to the specific type of Financial Instrument or service, as well as his financial situation including his ability to bear losses and his investment objectives including his risk tolerance, so as to be able, based on this information, to recommend to the client the investment services and the Financial Instruments that are suitable for him (suitability test) and, in particular, that are in accordance with his risk tolerance and ability to bear losses.

Assessment of Suitability. In providing the Investment Services of or Portfolio Management, the Company is obliged under Applicable Regulations to seek information from a client or potential client (for example via the Client Account Application Form) regarding the Client’s knowledge, experience in the investment field field relevant to the specific specific type of Financial Instrument or service, as well as his financial financial situation including his ability to bear losses and his investment objectives including his risk tolerance, so as to be able, based on this information, to recommend to the client the investment services and the Financial Instruments that are suitable for him (suitability test) and, in particular, that are in accordance with his risk tolerance and ability to bear losses.