C ompliance with Product Governance Clause Samples
C ompliance with Product Governance. 2.6.1. Affiliate undertakes to comply with applicable legislation while conducting marketing activities.
2.6.2. Affiliate acknowledges that under MiFID II, the Company’s regulated subsidiaries are required to identify the Target Market of their Traders (as defined in the User Agreement between the Company’s regulated subsidiaries and their Clients*). Therefore, Affiliates shall ensure the following:
2.6.3. The Financial Instruments are promoted, marketed and/or distributed in a way that is compatible with the Target Market, and which may be communicated to the Affiliate by the Company from time to time.
2.6.4. The Affiliate undertakes that it will conduct promotional activities under this Agreement that are compatible with the Target Market.
2.6.5. The Affiliate shall only undertake promotional activities in circumstances where it considers it reasonable that such marketing communications will generally and largely only be seen by or engaged with by persons who comprise the Target Market. For example, marketing communications on a financial or trading-related website are likely to be acceptable, whereas communications on a website regularly accessed by members of the wider general public who do not comprise the Target Market is not acceptable.
2.6.6. The Company may require the Affiliate to provide information on its promotional activities and/or provide any other information as requested to enable the Company to monitor and review the Affiliate’s activities for any deviations from its obligations under this Agreement, or any applicable legislation.
2.6.7. In order to comply with MiFID II rules pertaining to inducements and to ensure the Company fulfills its obligation to act honestly, fairly and professionally in accordance with the best interests of its customers where it pays an inducement to any third party in relation to an introduction, the Company shall only offer the CPA Plan to the Affiliate. [*] for the UK regulated subsidiary User Agreement please refer to: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇.▇▇/Help/TermsAndAgreements; for the CY regulated subsidiary User Agreement please refer to: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/en/Help/TermsAndAgreements.
