Common use of Responsibilities of Client Clause in Contracts

Responsibilities of Client. Client has the obligation to DEGIRO to take into account its own interests and the interests of DEGIRO and its clients to be best of his ability and to utilise the services of DEGIRO in a careful and prudent manner. Client promises in particular not to enter into significant transactions or positions in Financial Instruments of which Client does not sufficiently understand the effect or which result in a higher risk than what is fit for the financial position of Client. Client agrees and warrants that Client will not act in breach of norms or laws such as relating to tax avoidance, market abuse, insider dealing and the offering of financial services without having the required license. A further explanation and some examples are given in the document 'Investment Services' in the Investment Services Information.

Responsibilities of Client. Client has the obligation to DEGIRO to take into account its own interests and the interests of DEGIRO and its clients to be best of his ability and to utilise the services of DEGIRO in a careful and prudent manner. Client promises in particular not to enter into significant transactions or positions in Financial Instruments of which Client does not sufficiently understand the th e effect or which result in a higher risk than what is fit for the financial position of Client. Client agrees and warrants that Client will not act in breach of norms or laws such as relating to tax avoidance, market abuse, insider dealing and the offering of financial services without having the required license. A further explanation and some examples are given in the document 'Investment Services' in the Investment Services Information.