NI 31-103 definition
Examples of NI 31-103 in a sentence
If the Subscriber is a permitted client, within the meaning of such term in NI 31- 103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) [as indicated by the “*” above], the Subscriber hereby waives and releases the Manager from any obligation to conduct, pursuant to section 13.3(4) of NI 31-103, a suitability review with respect to the Subscriber’s investment in the Fund.
Reliance on International Dealer Exemption (the “Exemption”) pursuant to subsection 8.18(2) of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31- 103”) and Notification to Permitted Clients of the prescribed information under subsection 8.18(4)(b) of NI 31-103.
The Manager may place a temporary hold on the Account if the Manager believes the client is a vulnerable client, as defined in NI 31-103, AND the Manager reasonably believes financial exploitation of the client has occurred, is occurring, has been attempted or will be attempted.
Management will maintain up-to-date Know-Your-Client investment suitability (“KYC”) information as prescribed by NI 31-103 applicable to its Users including: requesting information updates no less than once per calendar year and restricting access to Management features when information cannot be reasonably verified.
Please complete the following information to satisfy the “know your client” requirements of NI 31-103.