SUITABILITY ASSESSMENT Clause Samples
POPULAR SAMPLE Copied 1 times
SUITABILITY ASSESSMENT. 4.1 SoFi HK makes available to you the Robo Advisory Service and assess the suitability of recommendation based on the information you have provided such as your age, risk appetite, knowledge and experience of investing, financial situation and investment objectives etc. You undertake as an ongoing obligation to provide SoFi HK with updates of such information as well as other information that he provided in your Account Application and to inform SoFi HK as according to clause 29.6 under the Customer Agreement if there is any change.
4.2 SoFi HK will ask you to review and update (if needed) your suitability assessments result on every 12 months. Failure to provide up-to-date information may have impact on the ability of SoFi HK to provide the Robo Advisory Service to you. You are advised that in case SoFi HK receive no request for any update, your previous profile and relevant suitability assessments result on record will continue to be used.
4.3 You will only receive recommendation for Model Portfolios which aligns with your suitability assessment result.
4.4 You acknowledge and agree that any subsequently amendment request from you on the information you have previously provided and hence the suitability assessment result, will not affect the Rebalancing recommendation of any Robo Account created previously. The suitability assessment of the Rebalancing recommendation is based on the result at the time when the Robo Account is created and remain unchanged upon the amendment request. However, SoFi HK may not permit any additional deposit Initiated by you, to be invested in the relevant Robo Account if they are no longer aligns with your suitability assessment result and risk profile, except for any monthly recurring deposit that you have previously setup before such amendment request.
4.5 The suitability assessment and the results are for your reference only and should not be construed as an offer to sell, or a solicitation for an offer to purchase any securities or services. SoFI HK and its Affiliates accept no responsibility or liability for the accuracy or completeness of the information provided in the suitability assessment and the results. The assessment is not a comprehensive financial tool and is not a substitute for independent professional advice.
SUITABILITY ASSESSMENT. In the case that the CUSTOMER has been classified as a Retail Customer, CAIXABANK will gather all information necessary from the CUSTOMER to assess their suitability ("Suitability Test") in relation to the scope of the Fund Portfolios Discretionary Management service governed by this Contract. The CUSTOMER will also inform of any event or circumstance that may alter or affect its assessment and/or classification as a Retail Customer and which must be taken into account by CAIXABANK for this purpose. The Parties agree to accept, for the purposes of complying with this requirement, the Suitability Test that the CUSTOMER has signed at any time with CAIXABANK for the Fund Portfolios Discretionary Management service governed by this Contract. The CUSTOMER and, whe re applicable, each one of the holders that form the CUSTOMER) will be responsible for the information provided to assess their suitability and must maintain this information up-to-date and inform CAIXABANK of any change that may represent a modification to the suitability assessment carried out. In the case of multiple holders, the suitability assessment will be carried out by the joint holder designated by all the holders by way of common agreement. In the case the holder is a legal person, they will be considered under the criteria of natural person representat ive with sufficient powers to carry out the assessment. In any event, the assessment of knowledge and experience will be performed by the joint h older designated to take the test and the financial capacity and investment objectives will be that of all joint holders considered as a whole. To this end, the joint holders are obliged to inform the joint holder designated to carry out the Suitability Test of their financial capacity and i nvestment objectives for the purposes of a correct suitability assessment. In any event, the suitability test must be updated every 18 months (counted from the last amendment date of the Suitability Test). If the update of the Suitability Test of the change request by the CUSTOMER should give rise to a change in the investor profile indicated in the investment criteria, the signing of a new contract will be required in which the CUSTOMER will be assigned a new portfolio more suitable to the result of the new Suitability Test. CAIXABANK will provide the Discretionary Management service laid out in this Contract under conditions of suitability, in other words, within the limits deriving from the result of the sui...
SUITABILITY ASSESSMENT. To ensure OneLegacy is able to assess the suitability of every referred Potential Donor, Hospital will provide OneLegacy access (on-site and remote) to review the Potential Donor’s available information and history of diagnostics, vitals, and treatments; for any other information OneLegacy requires for suitability assessment, Hospital will facilitate testing (to be completed within twelve (12) hours of request unless otherwise agreed upon). Such information should include but is not limited to: basic demographics, admission course, past and current medical history, laboratory and diagnostic tests, all medical consultations (including end of life or other goals of care plans), medications, social history and family dynamics (including any documentation on ethics, social work, palliative care, spiritual care, and other consultation activities), Decision Maker and/or Acknowledging Party contact information, and documentation of a diligent search performed and any Advance Directives discovered.
SUITABILITY ASSESSMENT. 9.1 Registrar acknowledges it has independently determined that the Technology Services described under this Agreement meet its requirements.
SUITABILITY ASSESSMENT. 4.1 SUITABILITY ASSESSMENT PROCESS Through conversations and a review of the information I provide on the Application, my Representative will gain an understanding of my financial situation and life circumstances. The information I provide is broadly referred to as “Know Your Client” (“KYC”) information and will be used by my Representative to determine whether a given investment is suitable for me. I will be provided with a copy of my KYC information at the time of account opening and each time there is a material change to my KYC information. The KYC information and other factors that guide my CFIS Representative as to an investment’s suitability include what my Representative understands to be my current: • Financial situation - What financial assets (e.g. deposits, investments etc.) and liabilities (e.g. debt, mortgage etc.) I have and the sources and amount of my income. My Representative will consider the size of any transaction compared to the overall value of my net financial assets (assets minus liabilities). • Investment knowledge - Whether I consider myself, or you understand me, to be a novice at investing, have some knowledge or feel I understand more complex financial products. • Investment objectives - What I tell my CFIS Representative are my specific financial goals. This will help my CFIS Representative determine how to balance the desire to earn income and/or increase my capital through growth in the market value of my holdings/Account. • Risk profile -The lower of my risk tolerance (i.e. my willingness to accept risk) and my risk capacity (i.e. my ability to endure potential financial loss in pursuing my investment goals). For example, an investor with a high risk profile has both the willingness and ability to risk losing money to get potentially better results. • Time horizon - When I expect to withdraw a significant amount of my Account. For example, to buy a house or pay for education. In retirement, this may also include consideration of tax requirements to withdraw minimum amounts. In addition, other pieces of financial or personal information will have to be collected, including name, address, telephone number, email address and certain information concerning family, employment and financial status. This information will be used to confirm my identity and determine my investor profile. Your understanding of my profile is critical. Some of the above factors are relatively easily answered by providing a number or simply answering “...