CATEGORISATION. 3.1 It is our policy to treat all of our clients as retail clients irrespective of the existence of any categorisations in the client’s country of residence.
CATEGORISATION. 3.1 Under MiFID II we are required to categorise our clients in order to determine the correct level of investor protection and transparency. It is our policy to treat all of our clients as retail clients in relation to the MiFID services that we provide unless retail clients upon request opt to be categorised as “professional clients”. Retail clients for whom we provide services in relation to Forex, CFDs, Options and Spread Betting will be afforded the highest level of protection available under MiFID.
3.2 We may consider requests from clients to be treated as a “professional client”, but only on an exceptional basis and only in the event that the customer satisfies the criteria under MiFID to be classified as a “professional client”. A “professional client” will be assessed and categorised as such based on the stated expertise, experience and knowledge in financial markets. We deem that professional clients are capable of making their own investment decisions and that they understand the risks involved. If you are classified as a “professional client”, you may lose certain protections, as indicated on our website. These includes limits in relation to leverage. In these circumstances, we will provide you with a notice of protections lost setting out any regulatory protections that will no longer be provided, as well as any protections that will be retained.
CATEGORISATION. 1 If you fall into this group, which KPN will determine on the basis of your work, your employment conditions will be those stated in this Chapter.
CATEGORISATION. 3.1 It is our policy to treat all our clients as retail clients irrespective of the existence of any categorisations in the client’s country of residence.
CATEGORISATION. 3.1. The Client shall be bound by the method of categorisation set out and described in the Company’s Categorisation Policy (Schedule 3).
CATEGORISATION. Based on the information available to Cantor, we have categorised you as a Retail Client and you will be treated as such in respect of all business we conduct with or for you unless we agree to a different categorisation. This categorisation affords you the highest available level of client protections on your account. You have a right, subject to meeting defined criteria, to request to be categorised as a Professional Client for a given product, service or transaction or in respect of all services which Xxxxxx provides to you. Any request should be made in writing. Any such request (if granted) will result in a lower level of client protection applying to your account or a specific transaction, for example, professional clients are not entitled to any compensation under the Investor Compensation Act (see paragraph 31 below) and Xxxxxx can make certain assumptions about professional clients when determining suitability and appropriateness that it cannot make for retail clients. Xxxxxx reserves the right to refuse any such request for a change of categorisation.
CATEGORISATION. 1. If KPN decides, on the basis of your work, that you fall into this group, your employment conditions are set out in this Chapter.
2. This chapter applies to you in any event if on 31 December 2014 you were employed by ITS, at such time came within the KPN Corporate Market Collective Agreement, and as of 1 January 2015 were placed in the Sales group/salary grade by virtue of Article 1 section 3 of Appendix 19. The transitional provisions set out in Appendices 18 and 19 apply to you.
CATEGORISATION. Based on the information available to Cantor, we have categorised you as a Professional l Client and you will be treated as such in respect of all business we conduct with or for you unless we agree to a different categorisation. Under the professional client categorisation, you are not entitled to any compensation under the Investor Compensation Act (see paragraph 31 below) and Xxxxxx can make certain assumptions about professional clients when determining suitability and appropriateness that it cannot make for retail clients. Should there be a change in your personal circumstance and you no longer deem yourself to be able to properly assess or manage the risks involved with your investments decisions as a Professional Client, you should request, in writing, the higher level of protection offered under the retail client category. Xxxxxx reserves the right to refuse any such request for a change of categorisation.
CATEGORISATION. If you fall into this group, which KPN will determine on the basis of your work, your employment conditions will be those stated in this Chapter. Are you placed in this group as at 31 October 2014 and do you have job code SSS11 (regional manager) on that date? If so, you will be placed in the General group as of 1 November 2014, from which time the specific employment conditions of Chapter 8 and (if relevant) the transitional arrangements under Article 10.12 will apply to you instead, therefore, of the other specific employment conditions under this Chapter.
CATEGORISATION. If you fall into this group, which KPN will determine on the basis of your work, your employment conditions will be those stated in this Chapter. Are you placed within this group as at 31 October 2014? If so, you will be placed in the General group as of 1 November 2014, from which time the specific employment conditions of Chapter 8 and the transitional arrangements under Appendix 17 will apply to you.
