Control and modification of the Policy on Selection of Intermediaries. The Bank carries out continual supervision of the quality of execution services provided by selected intermediaries. The Bank reviews its Policy on Best Selection of Intermediaries at least once a year but also every time that a substantial modification is made to the chosen environment. In the event of amending its policy, the Bank informs its clients via its website xxx.xxxxxxxxxxxxxxxxxxxxx.xxx
Control and modification of the Policy on Selection of Intermediaries. The Bank carries out continual supervision of the quality of execut ion services provided by selected intermediaries. The Bank rev iews its Policy on best selection of Intermediaries at least once a year but also ev ery time that a substantial modification is made to the chosen environment. In the ev ent of amending its policy , the Bank inf orms its clients v ia its website www.hsbcpriv xxxxxxxxxxxxx.xxx
Control and modification of the Policy on Selection of Intermediaries. The Bank carries out continual supervision of the quality of execution services provided by selected intermediaries. The Bank reviews its Policy on best election of Intermediaries at least once a year but also every time that a substantial modification is made to the chosen environment. In the event of amending its policy, the Bank informs its clients via its website xxx.xxxxxxxxxxxxxxxxxxxxx.xxx Type of financial instruments execution venues or brokers Equities (including ETFs) and derivatives listed HSBC CIC Securities Xxxx BHF Fixed-income instruments HSBC BANK PLC HSBC Private Bank Switzerland HSBC France SA CREDIT AGRICOLE-CIB Xxxx BHF BNP PARIBAS SA XX Xxxxxx Securities Plc Deutsche Bank AG London Barclays Bank PLC London Société Générale Xxxxx Xxxxxxx Xxxxx International London RBC EUROPE LIMITED Royal Bank of Scotland PLC Foreign exchange transaction HSBC GBM Structured products HSBC BNP Paribas SA Barclays Bank PLC UBS AG XX Xxxxxx Crédit Suisse AG Société Générale SA Crédit Agricole SA Natixis Xxxxxxx Xxxxx RBC Money market instruments. HSBC GBM Appendix 6 – Summary of the conflicts of interest policy In terms of identification and management of conflicts of interest, HSBC Private Banking in France undertakes to respect the highest standards in order to safeguard the interests of its clients. This policy is in compliance with the requirements of MIFID 2. So as to identify and manage the types of conflict of interests that may arise, in the context of providing the Group’s investment services, related services and other activities that might jeopardise the interests of its clients, HSBC Private Banking pays particular attention specifically to the following situations: - HSBC Private Banking is likely to make a financial gain or avoid a financial loss at the client’s expense; - HSBC Private Banking has a stake in the result of a service provided to the client or of a transaction carried out on his/her behalf which is different from the client’s stake in the result; - HSBC Private Banking has an incentive, for financial or other reasons, to give priority to the interests of another client or group of clients as opposed to the interests of the client to whom the service is provided; - HSBC Private Banking carries out the same professional activity as the client; - HSBC Private Banking receives or will receive a benefit from a person other than the client in relation with the service provided to the client, in any form whatsoever, other than the comm...
