Suitability Assessment Process Sample Clauses

Suitability Assessment Process. Through conversations with you and a review of the information provided by you on the Application, your Advisor will gain an understanding of your financial situation and life circumstances. The information you provide is broadly referred to as “Know Your Client” (KYC) information and will be used by your Advisor to determine whether a given investment is suitable for you. You will be provided with a copy of your KYC information at the time of account opening and each time there is a material change to your KYC information. The KYC information and other factors that guide us in our decision as to an investment’s suitability include what we understand to be your current:  Financial situation - What financial assets (e.g. deposits, investments etc.) and liabilities (e.g. debt, mortgage etc.) you have and the sources and amount of your income. We will consider the size of any transaction compared to the overall value of your net financial assets (assets minus liabilities).  Investment knowledge - Whether you consider yourself, or we understand you, to be a novice at investing, have some knowledge or feel you understand more complex financial products.  Investment objectives - What you tell us are your specific financial goals. This will help us determine how to balance the desire to earn income and/or increase your capital through growth in the market value of your holdings/Account.  Time horizon - When you expect to withdraw a significant amount of your 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.  Risk tolerance - Your willingness and ability to assume risk and incur fluctuations and/or losses in the value of your investments in pursuing your investment goals. For example, an investor with a high risk tolerance has an above average willingness and ability to risk losing money to get potentially better results. 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 your identity and determine your investor profile. Our understanding of your profile is critical. Some of the above factors are relatively easily answered by providing a number or simply answering “yes” or “no”. However, some factors are more complex, particularly your risk t...
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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 “yes” or “no”. However, some factors...
Sample 1

Related to Suitability Assessment Process

  • Conformity Assessment 1. The Parties recognize that a broad range of mechanisms exists to facilitate the acceptance of conformity assessment procedures and results thereby, including:

  • Conformity Assessment Procedures 1. Each Party shall give positive consideration to accepting the results of conformity assessment procedures of other Parties, even where those procedures differ from its own, provided it is satisfied that those procedures offer an assurance of conformity with applicable technical regulations or standards equivalent to its own procedures.

  • Security Assessment If Accenture reasonably determines, or in good faith believes, that Supplier’s security practices or procedures do not meet Supplier’s obligations under the Agreement, then Accenture will notify Supplier of the deficiencies. Supplier will without unreasonable delay: (i) correct such deficiencies at its own expense; (ii) permit Accenture, or its duly authorized representatives, to assess Supplier’s security-related activities that are relevant to the Agreement; and (iii) timely complete a security questionnaire from Accenture on a periodic basis upon Accenture’s request. Security issues identified by Accenture will be assigned risk ratings and an agreed-to timeframe to remediate. Supplier will remediate all the security issues identified within the agreed to timeframes. Upon Supplier’s failure to remediate any high or medium rated security issues within the stated timeframes, Accenture may terminate the Agreement in accordance with Section 8 above.

  • Diagnostic Assessment 6.3.1 Boards shall provide a list of pre-approved assessment tools consistent with their Board improvement plan for student achievement and which is compliant with Ministry of Education PPM (PPM 155: Diagnostic Assessment in Support of Student Learning, date of issue January 7, 2013).

  • Impact Assessment If Service Provider desires to make any change, upgrade, replacement or addition that may have an adverse impact or require changes as described in Section 9.6(c) or increase the risk of Service Provider not being able to provide the Services in accordance with this Agreement or violate or be inconsistent with DIR Standards or Strategic Plans, then Service Provider shall prepare a written risk assessment and mitigation plan (1) describing in detail the nature and extent of such adverse impact or risk, (2) describing any benefits, savings or risks to DIR or the DIR Customers associated with such change, and (3) proposing strategies to mitigate any adverse risks or impacts associated with such change and, after consultation and agreement with DIR, implement the plan.

  • Risk Assessment An assessment of any risks inherent in the work requirements and actions to mitigate these risks.

  • Evaluation Cycle: Formative Assessment A) A specific purpose for evaluation is to promote student learning, growth and achievement by providing Educators with feedback for improvement. Evaluators are expected to make frequent unannounced visits to classrooms. Evaluators are expected to give targeted constructive feedback to Educators based on their observations of practice, examination of artifacts, and analysis of multiple measures of student learning, growth and achievement in relation to the Standards and Indicators of Effective Teaching Practice.

  • PROPERTY ASSESSMENT The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the property, save and except any property taxes that accrued prior to the completion of this transaction.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and Xxxxxxxxx. A detailed definition of the specific scope for Transmission Owner and Clinton and Xxxxxxxxx including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to Xxxxx and Xxxxxxx Substations on MWP-1 and the Xxxx Substation on MWP-2. Clinton and Xxxxxxxxx will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and Xxxxxxxxx will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and Xxxxxxxxx will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and Xxxxxxxxx. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and Xxxxxxxxx. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.

  • Constructability Review Prepare detailed interdisciplinary constructability review within Fourteen (14) days of receipt of the plans from the District that:

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