Common use of Secrecy laws Clause in Contracts

Secrecy laws. If you are based in a jurisdiction with client secrecy laws, you consent to the disclosure of information in accordance with the above paragraphs. In circumstances where you act for the account of clients and such secrecy laws prohibit disclosure, you will procure the consent of the ultimate beneficiary of the transaction to the disclosure of any information in accordance with the above paragraphs. In addition, as client you agree to waive the protections afforded by any applicable client secrecy laws, or as a counterparty or intermediary, you agree to procure the written waiver of the beneficiary to such protections in relation to Relevant Transactions.

Appears in 12 contracts

Samples: Professional Client Agreement, Professional Client Agreement, Eligible Counterparty Agreement

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