Elective Professional Client definition

Elective Professional Client means a client described in Part II of Annex II to MiFID II. ‘financial instrument’ has the meaning assigned to it under Article 4 of MiFID II. ‘grandfathered person’ has the meaning assigned to it under Section 1.5 of this Code.
Elective Professional Client means a client categorised by BNYM as a professional client following the client’s request for it to be categorised in this way (generally or in respect of certain Investment Services or Transactions, or types of Transaction or product) and BNYM’s agreement to do so, and where the procedures and criteria set out in section II of Annex II of MiFID are fulfilled, which include (but are not limited to): (i) BNYM’s assessment of the expertise, experience and knowledge of the client giving BNYM reasonable assurance, in light of the nature of the transactions or services envisaged, that the client is capable of making investment decisions and understanding the risks involved; and (ii) the client satisfying at least two of the following criteria: (a) the client has carried out Transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters; (b) the size of the client’s Financial Instrument portfolio, defined as including cash deposits and Financial Instruments, exceeds EUR 500,000, and
Elective Professional Client means a client that meets the criteria laid down in the FCA Rules;

Examples of Elective Professional Client in a sentence

  • You may request to be treated as an Elective Professional Client however, if you do so you will lose the protections afforded to Retail Clients under the FCA Rules.Q: How will you keep me informed?A: We will send you a written acknowledgement by the end of the next working day following receipt of your completed Application Form.

  • You may request to be treated as an Elective Professional Client however, if you do so you will lose the protections afforded to Retail Clients under the FCA Rules.

  • The Retail Client may change the leverage of his Client Account by contacting the Company and by requesting to be re-categorised to an Elective Professional Client.

  • You may be able to request to be classed as an Elective Professional Client if you are capable of making your own investment decisions and understand the risks involved and satisfy at least two of the following criteria:1.

  • If you are re-categorised as an Elective Professional Client, the statutory and regulatory protections which we would be required to provide to you are reduced compared with those of a Retail Client.

  • A Client who has been categorized as a Retail Client by the Company may ask the Company in writing to be treated as an Elective Professional Client and hence may lose certain protection and Investor Compensation right either generally or in respect of a particular investment service or transaction or type of transaction or product.

  • As a Retail Client, you have the right to request to be treated as an Elective Professional Client either generally or in respect of a particular service, type of transaction or product.

  • You may be able to request to be classed as an Elective Professional Client if you are capable of making your owninvestment decisions and understand the risks involved and satisfy at least two of the following criteria:1.

  • The purpose of this policy is to provide you, our Professional or Elective Professional Client, with information about how we aim to achieve the best possible result for you when executing orders on your behalf in Financial Instruments as defined by MiFID II.

  • In accordance with Applicable Regulations, including the Law 87(I)/2017 as well as the implementation of the MiFID II, the Company classifies its clients into one of the following categories: Retail, Professional (Per se Professional Client/ Elective Professional Client) or Eligible Counterparty by relying on information the Client provides during the account opening process and/or thereafter during the business relationship.


More Definitions of Elective Professional Client

Elective Professional Client means a client that meets the criteria laid down in Clause 4 of Schedule 2 of the Regulations;
Elective Professional Client means a client who:
Elective Professional Client means an elective professional client, as defined in COBS 3.5.3R, set out in Annex A;
Elective Professional Client means a client who elects to be categorized as a professional client pursuant to Rule 15(5) of these Rules;
Elective Professional Client has such meaning as set forth in the FCA Rules. “Eligible Counterparty” has such meaning as set forth in the FCA Rules. "Event of Default" has the meaning specified in Clause 14 (Termination).

Related to Elective Professional Client

  • Participating Clinical Professional Counselor means a Clinical Professional Counselor who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Professional Client means a “Professional Client” for the purposes of CySEC Rules, as specified in the Client Categorization Policy found on the Company’s Website.

  • Non-Participating Clinical Professional Counselor means a Clinical Professional Counselor who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Medical professional means any person licensed or certified to provide health care services to

  • Designated mental health professional means a mental health

  • Health professional means any of the following:

  • Qualified mental health professional means a licensed medical practitioner or any other person meeting the qualifications specified in OAR 309-019-0125.

  • Foreign professional corporation means a professional corporation organized under laws other than the laws of this state.

  • Mental health professional means a psychiatrist,

  • continuing professional development means the continuing professional development contemplated in section 32;

  • Licensed mental health professional or "LMHP" means a physician, licensed clinical psychologist, licensed professional counselor, licensed clinical social worker, licensed substance abuse treatment practitioner, licensed marriage and family therapist, certified psychiatric clinical nurse specialist, licensed behavior analyst, or licensed psychiatric/mental health nurse practitioner.

  • Allied Health Professional means a person registered as an allied health professional with the Health Professions Council;

  • Qualified professional means, for the purposes of OAR 411-320- 0080, any of the following licensed professionals trained to make a diagnosis of a specific intellectual or developmental disability:

  • Licensed professional counselor means a counselor licensed by a member state, regardless of the title used by that state, to independently assess, diagnose, and treat behavioral health conditions.

  • Licensed health care professional means a person who possesses a professional medical license that is valid in Oregon. Examples include, but are not limited to, a registered nurse (RN), nurse practitioner (NP), licensed practical nurse (LPN), medical doctor (MD), osteopathic physician (DO), respiratory therapist (RT), physical therapist (PT), physician assistant (PA), or occupational therapist (OT).

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Health profession means those licensed or regulated professions set forth in RCW 18.120.020(4).

  • Design Criteria Professional means a firm who holds a current certificate of registration under Chapter 481 of the Florida Statutes, to practice architecture or landscape architecture, or a firm who holds a current certificate as a registered engineer under Chapter 471 of the Florida Statutes, to practice engineering, and who is employed by or under contract to the District to provide professional architect services, landscape architect services, or engineering services in connection with the preparation of the Design Criteria Package.

  • Health care professional means a physician or other health care practitioner licensed, accredited or certified to perform specified health care services consistent with state law.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Participating Optometrist means an Optometrist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Professional service or professional services means a professional service or professional services as defined in the Health Insurance Act 1973.

  • Professional employer agreement means a written contract by and between a client and a PEO that provides for the following:

  • Registered professional engineer means a person who is registered as a professional engineer pursuant to s. 443.04, Stats.

  • Retained Professional means an Entity: (a) employed in the Chapter 11 Cases pursuant to a Final Order in accordance with sections 327 and 1103 of the Bankruptcy Code and to be compensated for services rendered prior to the Effective Date, pursuant to sections 327, 328, 329, 330, or 331 of the Bankruptcy Code; or (b) for which compensation and reimbursement has been allowed by the Bankruptcy Court pursuant to section 503(b)(4) of the Bankruptcy Code.

  • Independent professional advice means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser.