Atlas Capital Financial Services Limited. Conflicts of Interest

Size: px
Start display at page:

Download "Atlas Capital Financial Services Limited. Conflicts of Interest"

Transcription

1 Atlas Capital Financial Services Limited (Regulated by the Cyprus Securities & Exchange Commission) Conflicts of Interest 10th of February P a g e

2 Contents 1. Introduction Scope of the policy Identification of possible conflict of interests Managing Conflicts of Interest Procedures and Measures Additional Measures Order Execution & Selection of Custodians Portfolio Management and Investment Advice Investment Research Personal Transactions Forbidden Transaction Practices Disclosure Amend/Review P a g e

3 1. Introduction Atlas Capital Financial Services Limited (hereinafter referred as ACFX or the Company ) is an investment Company that operates as an Online Forex and CFD Broker. ACFX is incorporated (Certificate of Incorporation No ) in the Republic of Cyprus through the Department of Registrar of Companies and Official Receiver. ACFX is authorised and regulated by the Cyprus Securities and Exchange Commission ( CySec ) (License No. 085/07) and operates under the Markets in Financial Instruments Directive (EU Directive 2004/39/EC) ( MiFID ). 2. Scope of the policy ACFX has established a Conflicts of Interest Policy (hereinafter referred to as the Policy ) in an attempt to take all reasonable steps to identify and manage any conflict of interest between itself, including its managers, Directors, employees, tied agents, or any person directly or indirectly linked to Company (hereinafter called related persons ) and its clients or between one client and another which may arise during the course of its business activities. The aim of this Policy is to ensure that the Company or any of the personnel of the company act fairly, honestly, professionally and at the highest level of integrity in relation of its clients. 3. Identification of possible conflict of interests Conflict of interest may arise between: The company and a Client; A relevant person and a Client; A company of the Group and a Client; Two or more Clients of the Company in the course of providing investment or ancillary services For the purposes of identifying the types of conflict of interest that arise in the course of providing investment and non-core services or a combination thereof and whose existence may damage the interests of a client, the Company takes into account, whether the Company or any related person, or a person directly or indirectly linked to the Company, is in any of the following situations: 3 P a g e

4 The Company or that person is likely to make a financial gain, or avoid a financial loss, at the expense of the client; The Company or that person has an interest in the outcome of a service provided to the client or of a transaction carried out on behalf of the client, which is distinct from the client's interest in that outcome; The Company or that person has a financial or other incentive to favor the interest of another client or group of clients over the interests of the client; The Company or that person carries on the same business as the client; The Company or that person receives or will receive from a person other than the client an inducement in relation to a service provided to the client, in the form of monies, goods or services, other than the standard commission or fee for that service. 4. Managing Conflicts of Interest The company has set up internal policies and has an in-house department that is responsible for identifying and managing potential conflicts of interests. In general, the procedures and controls that the company follows regarding conflicts of interest include the following measures: a) Effective procedures to prevent or control the exchange of information between relevant persons engaged in activities involving a risk of a conflict of interest where the exchange of that information may harm the interests of one or more clients. b) The separate supervision of relevant persons whose principal functions involve carrying out activities on behalf of or providing services to, clients whose interests may conflict, or who otherwise represent different interests that may conflict, including those of the Company. c) The removal of any direct link between the remuneration of relevant persons principally engaged in one activity and the remuneration of, or revenues generated by, different relevant persons principally engaged in another activity, where a conflict of interest may arise in relation to those activities. d) Measures to prevent or limit any person from exercising inappropriate influence over the way in which a relevant person carries out investment or ancillary services or activities. 4 P a g e

5 e) Measures to prevent or control the simultaneous or sequential involvement of a relevant person in separate investment or ancillary services or activities where such involvement may impair the proper management of conflicts of interest. Further to the above, it is the duty of the Compliance Officer to abide by the following principles and act in such a way by continuously developing, designing and re-designing the appropriate procedures and measures, so as to prevent and resolve potential conflicts of interest. 5. Procedures and Measures The company maintains and operates effective organizational and administrative procedures to manage the identified conflicts of interest. For the management and prevention of conflicts of interest, the company s procedures and controls could include the following, as applicable and relevant: A need to know policy governing the dissemination of confidential or inside information within the Group The Company shall have in place Chinese Walls: No communicating of information and data between the various business units of the Company and especially, whether the Company s officers and employees have access to data in the possession of business units to which such access is not permitted. In particular, the necessary Chinese Walls shall be erected between the various organizational units of the Company, so that to prevent the flow of confidential information in a way that which adversely affect the interest of the Clients. In this respect, Chinese Walls will need to exist between the Own Account Department, Portfolio Management Department, the Advice to Undertakings Department and the Investment Research Department, as applicable. In addition, the following procedures and measures should be followed: 1. To ensure any reports on financial instruments which may affect their price are not made known to members of staff before being announced to the public. 2. The Compliance Officer shall ensure that the Executive Directors or other hierarchical officers do not exercise inappropriate influence over the way in which a relevant person carries out the provision of investment and ancillary services. This shall be verified by frequent personal interviews with all Heads of the Departments. 3. The Compliance Officer shall be responsible for maintaining such Chinese Walls, by means of regular checks and will be monitored by the Company s Internal Auditor. 5 P a g e

6 4. The Company shall establish user levels governing access to the Company s electronic data and information. 5. The employees of the Company shall refrain from discussing confidential information in public areas such as hallways, restrooms or social gatherings. 6. The employees of the Company shall ensure that documents containing confidential information will not be accessible by unauthorized persons. Segregation of duties that may give rise to conflicts of interest if carried on by the same individual Personal account dealing requirements applicable to relevant persons in relation to their own investments A gifts and inducements log registering the solicitation, offer or receipt of certain benefits The prohibition of external business interests conflicting with our interests as far as the Group s officers and employees are concerned, unless board approval is provided A policy designed to limit the conflict of interest arising from the giving and receiving of inducements Compliance Department to monitor and report on the above to the Company s Board of Directors The Internal Auditor shall supervise all the procedures and controls regarding the company s conflicts of interest policy, at least once a year and report to the company s Board of Directors Establishment of the four- eyes principle in supervising the Company s activities The Company shall consider the possibility of avoiding conflicts of interest by exclusion from projects or refusal of mandates. Pay and bonuses are linked to the profits of the Company or the business or department where an employee works. Pay and bonuses linked to the performance of another department, with possible conflicting interests, is avoided at all times. 6. Additional Measures 6.1 Order Execution & Selection of Custodians In the instance of the Execution department and Straight Through Processing (STP) models in the field of Forex business the Company has in place electronic systems which ensure that all orders are instantly transmitted for execution to the liquidity provider while there is no differentiation or discrimination on the speed of transmission of Client orders depending on the characteristics of the relevant Client or the order itself. 6 P a g e

7 6.2 Portfolio Management and Investment Advice The relevant Company departments shall ensure strict implementation of the Assessment of Suitability in order to ensure adequate monitoring of compatibility of the provision of portfolio management and investment advice services to Clients. For the allocation of investment opportunities which may be suitable to more than one (1) Portfolio Management Client, the written consent of the Senior Management will be required before allocating these opportunities. For transactions between Clients of the Company, the Senior Management personally shall decide whether to allow the transaction by notifying the relevant Clients, or not allow the transaction all together. In case whether a transaction may be in jeopardy of not being considered at an arm s length due to the involvement/participation of other Clients, the Company, relevant persons or members of the group as counterparty, agents or service providers, the Senior Management should consider the possibility of obtaining external advice from an expert third party. 6.3 Investment Research When investment research material produced by the Investment Research Department is not objective it is then labelled as marketing communication while the Company is required to ensure that any such recommendation contains a clear and prominent statement that (or, in the case of an oral recommendation, to the effect that) it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research. The disclaimers accompanying investment research material will disclose potential conflicts of interest. The undertaking of personal transactions or trading in financial instruments to which investment research relates, or in any related financial instruments by financial analysts and other relevant persons with knowledge of the likely timing or content of that investment research which is not publicly available or available to Clients will be prevented. 7 P a g e

8 In circumstances not covered by the point above, the undertaking of personal transactions by financial analysts and any other relevant persons involved in the production of investment research in financial instruments to which the investment research relates, or in any related financial instruments, contrary to the current recommendations, will be forbidden except in exceptional circumstances and with the prior approval of a member of the Company s Senior Management. The acceptance of inducements given by those with a material interest in the subjectmatter of the investment research to the Company itself, financial analysts, and other relevant persons involved in the production of the investment research will be prohibited. The promising to the issuers of favourable research coverage by the Company itself, financial analysts, and other relevant persons involved in the production of the investment research will be prohibited. 6.4 Personal Transactions The Company s personnel having access, because of their position and access in the Company to trading information of Clients of which may influence the prices of financial instruments, subject to the policy of the Company on Personal Transactions, as this is maintained and may be amended, by the Compliance Officer: a) Must inform the Company of their investment accounts b) Are prohibited from keeping accounts in other financial services firms without the Company s authorization and are prohibited from performing own account transactions without the permission of the Company c) Are obliged to authorize the Company to directly take delivery from the financial services company where they keep such accounts, of updates concerning the transactions performed. d) Reports for compliance with these provisions shall be submitted to the Executive Chairman and monitored by the Company s Internal Auditor. 6.5 Forbidden Transaction Practices All the employees must be aware of the following forbidden transaction practices, and shall be their responsibility to inform the Compliance Officer immediately in case any of these appear: a) The provision to the Client of investment and ancillary services with the purpose of influencing the price of financial instruments for the benefit of the Company or related persons, particularly with respect to transactions that the Company or related persons are about to effect before or after the provision of the said investment and ancillary services 8 P a g e

9 b) The use of Client transaction information by the Company for own benefit or the announcement to third persons of such information c) The preferential treatment of Company members of staff at the expense of its Clients, during the provision of the investment and ancillary services to a Client d) The effect of transactions by members of the Company s staff and directors for their own account, or for the account of persons related to them, on the basis of confidential information which they acquire during course of their employment with the Company 7. Disclosure Where a conflict is identified the Company will, if its aware of it, disclose it to a client in a durable medium and include sufficient detail (taking into account the nature of the client) to enable that client to take an informed decision with respect to the service that gives rise to the conflict, prior to undertaking investment business for that client. If the company does not believe that disclosure is appropriate to manage the conflict, may choose not to proceed with the transaction or matter giving rise to the conflict. 8. Amend/Review The Company Investment Committee has the right to amend and/or review the current Policy at its discretion and at any time it considers is suitable and appropriate. The Investment Committee shall review and amend the current policy at least annually. 9 P a g e

10 Atlas Capital Financial Services Limited Address: 19 Promachon Eleftherias, P.O.BOX Agios Athanasios, 4103 Limassol, Cyprus Telephone: Fax: Conflicts of Interest Policy February P a g e

Conflicts of Interest Policy

Conflicts of Interest Policy Conflicts of Interest Policy March 2015 Table of Contents 1. INTRODUCTION... 2 2. SCOPE OF THE POLICY... 3 3. IDENTIFICATION OF CONFLICTS OF INTEREST... 3 4. MANAGING CONFLICTS OF INTEREST... 4 5. DISCLOSURE...

More information

Plus500CY Ltd. Conflict of Interest Policy Statement

Plus500CY Ltd. Conflict of Interest Policy Statement Plus500CY Ltd. Conflict of Interest Policy Statement Summary of Conflict of Interest Policy Statement 1. Introduction 1.1. This Conflict of Interest Policy Statement outlines how Plus500CY Ltd. ("Plus500"

More information

Directive on production and distribution of investment research reports prepared by the Equity Research team

Directive on production and distribution of investment research reports prepared by the Equity Research team Directive on production and distribution of investment research reports prepared by the Equity Research team April 2014 1 1 Introduction This document defines policies and principles that apply to investment

More information

Atlas Capital Financial Services Limited. MT4 Order Execution Policy

Atlas Capital Financial Services Limited. MT4 Order Execution Policy Atlas Capital Financial Services Limited (Regulated by the Cyprus Securities & Exchange Commission) MT4 Order Execution Policy 11th of February 2015 1 P a g e Contents 1. Introduction:...3 2. Scope:...3

More information

Policy for Managing Conflicts of Interest in Relation to Investment Research

Policy for Managing Conflicts of Interest in Relation to Investment Research December 2015 Policy for Managing Conflicts of Interest in Relation to Investment Research Introduction This policy applies to investment research published by the global Equity Research and Fixed Income

More information

GUIDELINE ON THE APPLICATION OF THE INVESTMENT RESEARCH REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID IN THE UK

GUIDELINE ON THE APPLICATION OF THE INVESTMENT RESEARCH REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID IN THE UK GUIDELINE ON THE APPLICATION OF THE INVESTMENT RESEARCH REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID IN THE UK This Guideline does not purport to be a definitive guide, but is instead a non-exhaustive

More information

THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS

THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS THE COMMITTEE OF EUROPEAN SECURITIES REGULATORS Before printing this document, please be aware of its size! Regarding the provisions quoted in the response below, as far as possible, hyperlinks to these

More information

KINGDOM OF SAUDI ARABIA. Capital Market Authority CREDIT RATING AGENCIES REGULATIONS

KINGDOM OF SAUDI ARABIA. Capital Market Authority CREDIT RATING AGENCIES REGULATIONS KINGDOM OF SAUDI ARABIA Capital Market Authority CREDIT RATING AGENCIES REGULATIONS English Translation of the Official Arabic Text Issued by the Board of the Capital Market Authority Pursuant to its Resolution

More information

Waverton Investment Management Conflicts of Interest Policy

Waverton Investment Management Conflicts of Interest Policy Scope and Purpose Waverton Investment Management Conflicts of Interest Policy This policy applies to all of Waverton Investment Management s activities and to all staff whether permanent, temporary agency

More information

Rule 2711. Research Analysts and Research Reports. Definitions. For purposes of this rule, the following terms shall be defined as provided.

Rule 2711. Research Analysts and Research Reports. Definitions. For purposes of this rule, the following terms shall be defined as provided. Rule 2711. Research Analysts and Research Reports (a) Definitions For purposes of this rule, the following terms shall be defined as provided. (1) Investment banking department means any department or

More information

KINGDOM OF SAUDI ARABIA. Capital Market Authority CREDIT RATING AGENCIES REGULATIONS

KINGDOM OF SAUDI ARABIA. Capital Market Authority CREDIT RATING AGENCIES REGULATIONS KINGDOM OF SAUDI ARABIA Capital Market Authority CREDIT RATING AGENCIES REGULATIONS English Translation of the Official Arabic Text Issued by the Board of the Capital Market Authority Pursuant to its Resolution

More information

Code of Ethics. I. Definitions

Code of Ethics. I. Definitions Code of Ethics Old North State Trust, LLC (the Company ) has adopted this Code of Ethics in recognition of the principle that all Supervised Persons (as defined below) of the Company have a fiduciary duty

More information

FUND MANAGER CODE OF CONDUCT

FUND MANAGER CODE OF CONDUCT FUND MANAGER CODE OF CONDUCT First Edition pursuant to the Securities and Futures Ordinance (Cap. 571) April 2003 Securities and Futures Commission Hong Kong TABLE OF CONTENTS Page INTRODUCTION 1 I. ORGANISATION

More information

CONFLICT MANAGEMENT POLICY

CONFLICT MANAGEMENT POLICY G OVERNOR P HILLIP T OWER L EVEL 27 O NE F ARRER P LACE S YDNEY NSW 2000 A USTRALIA T 61 (2) 8288 5555 F 61 (2) 8288 5550 CONFLICT MANAGEMENT POLICY 1. Introduction This policy applies to the research

More information

How To Manage Conflicts Of Interest At Barings

How To Manage Conflicts Of Interest At Barings Barings conflicts of interest policy SECTION A: INTRODUCTION Business activities & organisational structure of Barings The Barings companies provide discretionary investment management services. They also

More information

GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES

GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES Issued: 15 March 2005 Revised: 25 April 2014 1 P a g e List of Revision Revision Effective Date 1 st Revision 23 May 2011 2 nd Revision 16

More information

Credit Andorra Asset Management Luxembourg CONFLICTS OF INTEREST POLICY

Credit Andorra Asset Management Luxembourg CONFLICTS OF INTEREST POLICY Credit Andorra Asset Management Luxembourg CONFLICTS OF INTEREST POLICY POLICY SUMMARY 2 1 INTRODUCTION 2 2 OUR POLICY 2 3 CONFLICTS OF INTEREST 2 3.1 Conflicts principally resulting from the Directors

More information

Regulation for Establishing the Internal Control System of an Investment Management Company

Regulation for Establishing the Internal Control System of an Investment Management Company Unofficial translation Riga, 11 November 2011 Regulation No. 246 (Minutes No. 43 of the meeting of the Board of the Financial and Capital Market Commission, item 8) Regulation for Establishing the Internal

More information

Conflicts of Interest Policy Deutsche Bank Group

Conflicts of Interest Policy Deutsche Bank Group Level 2 Conflicts of Interest Policy Deutsche Bank Group Table of Contents 1. STATEMENT OF PRINCIPLE... 3 2. INTRODUCTION... 3 3. OBJECTIVE... 3 4. SCOPE... 3 5. RULES AND REGULATIONS... 5 6. GENERAL GUIDANCE...

More information

Conflicts of Interest

Conflicts of Interest Conflicts of Interest Issued by: Vantage Capital Markets LLP (VCM) Compliance Scope Firms are required to manage conflicts of interest fairly, both between itself and its clients and between clients and

More information

Instruction regarding Inducements for SEB Fund Services S.A.

Instruction regarding Inducements for SEB Fund Services S.A. = = Instruction regarding Inducements for SEB Fund Services S.A. Adopted by the Board of Directors of SEB Fund Services S.A. on September 20, 2011 (updated and re-adopted on December 9, 2013) This instruction

More information

MiFID II Key aspects. I. Introduction

MiFID II Key aspects. I. Introduction MiFID II Key aspects I. Introduction Yesterday the final texts of the revised Markets in Financial Instruments Directive were published in the Official Journal of the European Union. The texts consist

More information

Authorised Persons Regulations

Authorised Persons Regulations Authorised Persons Regulations Contents Part 1: General Provisions Article 1: Preliminary... Article 2: Definitions... Article 3: Compliance with the Regulations and Rules... Article 4: Waivers... Part

More information

FINANCIAL ADVISERS ACT (CAP. 110)

FINANCIAL ADVISERS ACT (CAP. 110) Monetary Authority of Singapore FINANCIAL ADVISERS ACT (CAP. 110) GUIDELINES ON ADDRESSING CONFLICTS OF INTEREST ARISING FROM ISSUING OR PROMULGATING RESEARCH ANALYSES OR RESEARCH REPORTS Guideline No:

More information

(15 November 2013 - to date) CREDIT RATING SERVICES ACT 24 OF 2012

(15 November 2013 - to date) CREDIT RATING SERVICES ACT 24 OF 2012 (15 November 2013 - to date) CREDIT RATING SERVICES ACT 24 OF 2012 (Government Notice 15 in Government Gazette 36071 dated 14 January 2013. Commencement date: 15 April 2013 with the exception of section

More information

Plus500CY Ltd. Order Execution Policy

Plus500CY Ltd. Order Execution Policy Plus500CY Ltd. Order Execution Policy Order Execution Policy This Order Execution Policy forms part of the Client Agreements as defined in the User Agreement. 1. CONDUCTING BUSINESS 1.1. We have a general

More information

Act on the Management of Alternative Investment Funds

Act on the Management of Alternative Investment Funds FINANSTILSYNET Norway Translation March 2015 This translation is for information purposes only. Legal authenticity remains with the official Norwegian version as published in Norsk Lovtidend. Act on the

More information

CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING. (Amended version as approved by the Board of Directors of the Company)

CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING. (Amended version as approved by the Board of Directors of the Company) I. PREAMBLE CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING (Amended version as approved by the Board of Directors of the Company) The Securities and Exchange Board of India (Prohibition of Insider Trading)

More information

Bank of America Merrill Lynch Policies for Managing Conflicts of Interest in Connection with the Production of Research

Bank of America Merrill Lynch Policies for Managing Conflicts of Interest in Connection with the Production of Research Bank of America Merrill Lynch Policies for Managing Conflicts of Interest in Connection with the Production of Research 1 Introduction This document, which is made available in compliance with the requirements

More information

MEDICAID COMPLIANCE POLICY

MEDICAID COMPLIANCE POLICY 6232 MEDICAID COMPLIANCE POLICY It is the policy of the Board of Education that all school district s practices regarding Medicaid claims for services be in compliance with all applicable federal and state

More information

China Hanking Holdings Limited Shareholders Communication Policy

China Hanking Holdings Limited Shareholders Communication Policy China Hanking Holdings Limited Shareholders Communication Policy 1. Purpose 1.1 This Policy aims to set out the provisions with the objective of ensuring that the Company s Shareholders and, in appropriate

More information

Law on Investment Management Companies

Law on Investment Management Companies (Unofficial translation) Published in the newspaper Latvijas Vēstnesis1 No. 342/346 on 30 December 1997, taking effect on 1 July 1998. As amended by: Law of 01.06.2000 (L.V., 20 June, No. 230/232; Ziņotājs,

More information

STATUTORY INSTRUMENTS. S.I. No. 257 of 2013 EUROPEAN UNION (ALTERNATIVE INVESTMENT FUND MANAGERS) REGULATIONS 2013

STATUTORY INSTRUMENTS. S.I. No. 257 of 2013 EUROPEAN UNION (ALTERNATIVE INVESTMENT FUND MANAGERS) REGULATIONS 2013 STATUTORY INSTRUMENTS. S.I. No. 257 of 2013 EUROPEAN UNION (ALTERNATIVE INVESTMENT FUND MANAGERS) REGULATIONS 2013 2 [257] S.I. No. 257 of 2013 EUROPEAN UNION (ALTERNATIVE INVESTMENT FUND MANAGERS) REGULATIONS

More information

EASY FOREX TRADING LTD DISCLOSURE AND MARKET DISCIPLINE IN ACCORDANCE WITH CAPITAL ADEQUACY AND THE REQUIREMENTS ON RISK MANAGEMENT

EASY FOREX TRADING LTD DISCLOSURE AND MARKET DISCIPLINE IN ACCORDANCE WITH CAPITAL ADEQUACY AND THE REQUIREMENTS ON RISK MANAGEMENT EASY FOREX TRADING LTD DISCLOSURE AND MARKET DISCIPLINE IN ACCORDANCE WITH CAPITAL ADEQUACY AND THE REQUIREMENTS ON RISK MANAGEMENT 31 st December 2012 Introduction For the purposes of Directive DI144-2007-05

More information

Terms and Conditions

Terms and Conditions Terms and Conditions PriorFX Ltd (hereafter the Company ) is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (hereafter the CySEC ) under the Licence number

More information

IronFX Global Limited. Pillar 3 disclosures for the year ended 31 December 2014

IronFX Global Limited. Pillar 3 disclosures for the year ended 31 December 2014 IronFX Global Limited Pillar 3 disclosures for the year ended 31 December 2014 May 2015 Table of Contents 1. Introduction... 3 2. Governance Arrangements... 5 3. Risk Management Objectives and Policies...

More information

TERMS AND CONDITIONS FOR TRADING IN CFD AND SIMILAR INSTRUMENTS

TERMS AND CONDITIONS FOR TRADING IN CFD AND SIMILAR INSTRUMENTS TERMS AND CONDITIONS FOR TRADING IN CFD AND SIMILAR INSTRUMENTS 1. INTRODUCTION Lucro Capital Ltd (hereinafter referred to as the Firm ) is an investment firm that operates as a global broker. The Firm

More information

STATUTORY INSTRUMENTS. CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS

STATUTORY INSTRUMENTS. CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS STATUTORY INSTRUMENTS. S.I. No. )04, of 2015 CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013 (SECTION 48(1)) CLIENT ASSET REGULATIONS 2015 FOR INVESTMENT FIRMS S.I. No. (74 of 2015 CENTRAL BANK (SUPERVISION

More information

TRADING TERMS AND CONDITIONS BINARIES

TRADING TERMS AND CONDITIONS BINARIES TRADING TERMS AND CONDITIONS BINARIES TRADING TERMS AND CONDITIONS BINARIES IronFX Financial Services Limited (hereafter the Company ) is an Investment Firm incorporated and registered under the laws of

More information

Code of Conduct for Persons Providing Credit Rating Services

Code of Conduct for Persons Providing Credit Rating Services Code of Conduct for Persons Providing Credit Rating Services June 2011 Appendix A 1 Table of Contents Introduction 1 Part 1 Quality And Integrity Of The Rating Process 2 Quality of the Rating Process 2

More information

Real Estate Investment Funds Regulations

Real Estate Investment Funds Regulations Real Estate Investment Funds Regulations Contents Part 1 : Preliminary Provisions Article 1 : Preliminary... 5 Article 2 : Definitions... 5 Part 2 : Authorization Article 3 : Authorization Requirements...

More information

Restrictions on Research and Investment Banking Personnel; Information Barrier Procedures

Restrictions on Research and Investment Banking Personnel; Information Barrier Procedures Restrictions on Research and Investment Banking Personnel; Information Barrier Procedures 1 Kathy H. Rocklen Benjamin J. Catalano 212.969.3755 krocklen@proskauer.com 212.969.3980 bcatalano@proskauer.com

More information

Rules Notice Guidance Note Dealer Member Rules. Client Relationship Model Guidance INTRODUCTION

Rules Notice Guidance Note Dealer Member Rules. Client Relationship Model Guidance INTRODUCTION Rules Notice Guidance Note Dealer Member Rules Contacts: Please distribute internally to: Internal Audit Institutional Legal and Compliance Retail Senior Management Training Richard J. Corner Vice President,

More information

HIPAA BUSINESS ASSOCIATE AGREEMENT

HIPAA BUSINESS ASSOCIATE AGREEMENT HIPAA BUSINESS ASSOCIATE AGREEMENT THIS BUSINESS ASSOCIATE AGREEMENT (hereinafter Agreement ) is between COVERED ENTITY NAME (hereinafter Covered Entity ) and BUSINESS ASSOCIATE NAME (hereinafter Business

More information

Investment Advisory Agreement

Investment Advisory Agreement Investment Advisory Agreement Whereas ("Client") hereby appoints Fried Asset Management, Inc. ("Adviser") as investment adviser to manage the investment and reinvestment of the cash and securities in the

More information

R E P U B L I C O F A R M E N I A LAW ON BANKING SECRECY

R E P U B L I C O F A R M E N I A LAW ON BANKING SECRECY ARTICLE 1. Subject of the Law R E P U B L I C O F A R M E N I A LAW ON BANKING SECRECY This Law shall define information constituting banking secrecy, legal grounds thereof and procedures for publishing,

More information

ARTICLES OF INCORPORATION OF RAIFFEISEN VOLUNTARY PENSION FUND

ARTICLES OF INCORPORATION OF RAIFFEISEN VOLUNTARY PENSION FUND In accordance with the Mandatory Pension Funds Act (Official gazette no. 19/2014, hereinafter: Act), the Management of Raiffeisen društvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima d.d.,

More information

Law. on Payment Services and Payment Systems. Chapter One GENERAL PROVISIONS. Section I Subject and Negative Scope. Subject.

Law. on Payment Services and Payment Systems. Chapter One GENERAL PROVISIONS. Section I Subject and Negative Scope. Subject. Law on Payment Services and Payment Systems 1 Law on Payment Services and Payment Systems (Adopted by the 40th National Assembly on 12 March 2009; published in the Darjaven Vestnik, issue 23 of 27 March

More information

Insurance Regulatory Authority

Insurance Regulatory Authority Insurance Regulatory Authority MARKET CONDUCT GUIDELINES FOR INSURANCE INTERMEDIARIES JUNE 2011 THE INSURANCE ACT (CAP 487) MARKET CONDUCT GUIDELINES FOR INSURANCE INTERMEDIARIES TABLE OF CONTENTS 1.0

More information

GUIDANCE PAPER No. 2 ON CORPORATE GOVERNANCE IN INSURANCE COMPANIES

GUIDANCE PAPER No. 2 ON CORPORATE GOVERNANCE IN INSURANCE COMPANIES In order to foster more efficient management and supervision of insurers, in line with the core principles of insurance supervision promoted by the International Association of Insurance Supervisors (IAIS),

More information

Research Objectivity Standards

Research Objectivity Standards Research Objectivity Standards Guiding Principles CFA Institute Research Objectivity Standards CFA Institute has been concerned for some time that allegations of ethical misconduct and lack of objectivity

More information

How To Be A Responsible Corporate Citizen

How To Be A Responsible Corporate Citizen Page: 1 di 16 CODE OF ETHICS Previous version: n. 00 Issued and approved: Board of Directors of DSN Date: 29 Maggio 2008 Page: 2 di 16 INTRODUCTION d'amico Società di Navigazione S.p.A. (hereinafter the

More information

Navigating the Regulatory Maze. AIFMD Impact on Service Providers

Navigating the Regulatory Maze. AIFMD Impact on Service Providers www.pwc.com Navigating the Regulatory Maze Navigating the Regulatory Maze AIFMD Impact on Service Providers January 2011 AIFMD Impact on Service Providers The Alternative Investment Fund Managers Directive

More information

PRESIDENT S DECISION No. 40. of 27 August 2013. Regarding Data Protection at the European University Institute. (EUI Data Protection Policy)

PRESIDENT S DECISION No. 40. of 27 August 2013. Regarding Data Protection at the European University Institute. (EUI Data Protection Policy) PRESIDENT S DECISION No. 40 of 27 August 2013 Regarding Data Protection at the European University Institute (EUI Data Protection Policy) THE PRESIDENT OF THE EUROPEAN UNIVERSITY INSTITUTE, Having regard

More information

CODE OF ETHICS FOR THE MANAGEMENT OF COLLECTIVE INVESTMENT SCHEMES

CODE OF ETHICS FOR THE MANAGEMENT OF COLLECTIVE INVESTMENT SCHEMES CODE OF ETHICS FOR THE MANAGEMENT OF COLLECTIVE INVESTMENT SCHEMES Table of Contents I Objectives 2 II Scope, binding force 2 III Code of Ethics for the Asset Manager of Collective Investment Schemes 2

More information

Ryanair Holdings PLC Code of Business Conduct & Ethics 2012

Ryanair Holdings PLC Code of Business Conduct & Ethics 2012 Ryanair Holdings PLC Code of Business Conduct & Ethics 2012 1 TABLE OF CONTENTS 1. INTRODUCTION 3 2. WORK ENVIRONMENT 3 2.1 Discrimination & Harassment 3 2.2 Privacy of Personal Information 3 2.3 Internet

More information

THE CROATIAN PARLIAMENT DECISION PROMULGATING THE ACT ON INVESTMENT FUNDS WITH A PUBLIC OFFERING

THE CROATIAN PARLIAMENT DECISION PROMULGATING THE ACT ON INVESTMENT FUNDS WITH A PUBLIC OFFERING THE CROATIAN PARLIAMENT Pursuant to Article 89 of the Constitution of the Republic of Croatia, I hereby pass the DECISION PROMULGATING THE ACT ON INVESTMENT FUNDS WITH A PUBLIC OFFERING I hereby promulgate

More information

Personal Account Trading Policy

Personal Account Trading Policy Personal Account Trading Policy Effective date: Date: 1TBA March 2010 Approved date: by: TBA 25 February 2010 Next Review Approved by:date: BTIMTBA Board 1. Purpose and Application This Policy sets out

More information

REGULATION OF INVESTMENT COUNSELING, INVESTMENT MARKETING AND PORTFOLIO MANAGEMENT LAW 5757-1997

REGULATION OF INVESTMENT COUNSELING, INVESTMENT MARKETING AND PORTFOLIO MANAGEMENT LAW 5757-1997 Disclaimer: The Following is an unofficial translation, and not necessarily an updated one. The binding version is the official Hebrew text. Readers are consequently advised to consult qualified professional

More information

Code of Ethics for Professional Accountants

Code of Ethics for Professional Accountants COE Revised May 2015 July 2015 Effective on 1 January 2011 (including subsequent amendments as indicated) Code of Ethics for Professional Accountants COPYRIGHT Copyright 2015 Hong Kong Institute of Certified

More information

www.complianceriskmanagement.intranet

www.complianceriskmanagement.intranet www.complianceriskmanagement.intranet ING Groep N.V., 2010 This document may not be distributed outside ING in any way without prior written consent of the ING Corporate Compliance Risk Management department.

More information

GUIDELINE ON THE APPLICATION OF THE OUTSOURCING REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID AND THE CRD IN THE UK

GUIDELINE ON THE APPLICATION OF THE OUTSOURCING REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID AND THE CRD IN THE UK GUIDELINE ON THE APPLICATION OF THE OUTSOURCING REQUIREMENTS UNDER THE FSA RULES IMPLEMENTING MIFID AND THE CRD IN THE UK This Guideline does not purport to be a definitive guide, but is instead a non-exhaustive

More information

Preparing to become a Hedge Fund/Open-ended Fund AIFM. May 2013. March2013. Preparing to become an AIFM 1

Preparing to become a Hedge Fund/Open-ended Fund AIFM. May 2013. March2013. Preparing to become an AIFM 1 Preparing to become a Hedge Fund/Open-ended Fund AIFM May 2013 March2013 Preparing to become an AIFM 1 Complying with AIFMD We are pleased that the text of the implementing measures has been published.

More information

Consultation Conclusions on the Regulatory Framework for Pre-deal Research. June 2011

Consultation Conclusions on the Regulatory Framework for Pre-deal Research. June 2011 Consultation Conclusions on the Regulatory Framework for Pre-deal Research June 2011 Table of Contents Executive summary 1 Introduction 2 Comments received and the SFC s responses 2 Extending the SFC requirements

More information

How To Comply With The Morningstar Policy

How To Comply With The Morningstar Policy Morningstar, Inc. Securities Trading and Disclosure Policy Amended and in effect on May 12, 2015 At Morningstar, we encourage our employees to be investors. However, because the people who use our products

More information

CORPORATE GOVERNANCE PRINCIPLES ZEAL NETWORK SE. (as adopted by the Supervisory Board and Executive Board on 19 November 2014)

CORPORATE GOVERNANCE PRINCIPLES ZEAL NETWORK SE. (as adopted by the Supervisory Board and Executive Board on 19 November 2014) CORPORATE GOVERNANCE PRINCIPLES OF ZEAL NETWORK SE (as adopted by the Supervisory Board and Executive Board on 19 November 2014) FOREWORD ZEAL Network SE ("Company") transferred its registered office from

More information

TERMS AND CONDITIONS OF PAYMENT CARD ACQUIRING SERVICES AGREEMENT Valid from 16.02.2015

TERMS AND CONDITIONS OF PAYMENT CARD ACQUIRING SERVICES AGREEMENT Valid from 16.02.2015 TERMS AND CONDITIONS OF PAYMENT CARD ACQUIRING SERVICES AGREEMENT Valid from 16.02.2015 1. DEFINITIONS 1.1 Settlement Day a day on which the Bank is open for general banking operations. Generally, the

More information

ORDER EXECUTION AND CONFLICTS OF INTEREST MANAGEMENT POLICIES

ORDER EXECUTION AND CONFLICTS OF INTEREST MANAGEMENT POLICIES ORDER EXECUTION AND CONFLICTS OF INTEREST MANAGEMENT POLICIES Best execution policy of Orey Financial, Instituição Financeira de Crédito, SA, hereinafter the "Company". 1 Introduction 1.1. This policy

More information

SCHOWALTER & JABOURI FINANCIAL SERVICES, INC. CODE OF ETHICS

SCHOWALTER & JABOURI FINANCIAL SERVICES, INC. CODE OF ETHICS SCHOWALTER & JABOURI FINANCIAL SERVICES, INC. CODE OF ETHICS Rule 204A-1 requires Investment Advisers to adopt and enforce Codes of Ethics. Adviser s Code of Ethics should include the following: An Investment

More information

Internal Code of Conduct on Matters Relating to the Stock Market and Policy on the Use of Relevant Information

Internal Code of Conduct on Matters Relating to the Stock Market and Policy on the Use of Relevant Information Internal Code of Conduct on Matters Relating to the Stock Market and Policy on the Use of Relevant Information 1. Objective This "Internal Code of Conduct on Matters Relating to the Stock Market and Policy

More information

Mount Gibson Iron Limited Corporate Governance Policies and Practices Manual Shareholder Communication Policy

Mount Gibson Iron Limited Corporate Governance Policies and Practices Manual Shareholder Communication Policy 1 Introduction 1.1 Mount Gibson Iron Limited (the Company) is committed to the following objectives: (d) (e) Ensuring that shareholders and the market are provided with full and timely information about

More information

BEST INTEREST AND ORDER EXECUTION POLICY

BEST INTEREST AND ORDER EXECUTION POLICY Page 1 of 8 Leverate Financial Services Ltd. (Regulated by the Cyprus Securities & Exchange Commission) BEST INTEREST AND ORDER EXECUTION POLICY 2015 Page 2 of 8 SUMMARY BEST INTEREST AND ORDER EXECUTION

More information

RISK DISCLOSURE STATEMENT

RISK DISCLOSURE STATEMENT RISK DISCLOSURE STATEMENT 1. Purpose The purpose of this Statement is to provide to the Client appropriate guidance on the nature and risks of the specific type of financial instrument that are offered

More information

General provisions 2. Definitions 3. Acts established by Exchange 6. Disclosure of trading information 8

General provisions 2. Definitions 3. Acts established by Exchange 6. Disclosure of trading information 8 CONTENTS General provisions 2 Definitions 3 Acts established by Exchange 6 Disclosure of trading information 8 Page 1 1. GENERAL PROVISIONS 1.1. Scope 1.1.1. These rules and regulations of the Tallinn

More information

Client Asset Requirements. Under S.I No.60 of 2007 European Communities (Markets in Financial Instruments) Regulations 2007

Client Asset Requirements. Under S.I No.60 of 2007 European Communities (Markets in Financial Instruments) Regulations 2007 Client Asset Requirements Under S.I No.60 of 2007 European Communities (Markets in Financial Instruments) Regulations 2007 Instructions Paper November 2007 1 Contents 1 Contents 2 Introduction 1 2.1 Scope

More information

BUSINESS ASSOCIATE AGREEMENT

BUSINESS ASSOCIATE AGREEMENT BUSINESS ASSOCIATE AGREEMENT THIS BUSINESS ASSOCIATE AGREEMENT is made and entered into as of the day of, 2013 ( Effective Date ), by and between [Physician Practice] on behalf of itself and each of its

More information

OFFICE OF THE REGISTRAR OF INSURANCE AND RETIREMENT FUNDS CODE OF CONDUCT FOR INSURANCE BROKERS

OFFICE OF THE REGISTRAR OF INSURANCE AND RETIREMENT FUNDS CODE OF CONDUCT FOR INSURANCE BROKERS Form RDI 14 OFFICE OF THE REGISTRAR OF INSURANCE AND RETIREMENT FUNDS CODE OF CONDUCT FOR INSURANCE BROKERS 1. INTRODUCTION This Directive sets out the Code of Conduct for insurance brokers offering insurance

More information

Credit Union Board of Directors Introduction, Resolution and Code for the Protection of Personal Information

Credit Union Board of Directors Introduction, Resolution and Code for the Protection of Personal Information Credit Union Board of Directors Introduction, Resolution and Code for the Protection of Personal Information INTRODUCTION Privacy legislation establishes legal privacy rights for individuals and sets enforceable

More information

Non-Lloyd s Brokers. A guide for Managing agents

Non-Lloyd s Brokers. A guide for Managing agents Non-Lloyd s Brokers A guide for Managing agents April 2013 2 Contents PART 1 4 Introduction to this Guidance 4 Acceptance of business by Lloyd s syndicates 4 Purpose of this Guidance 4 Additional queries

More information

PRINCIPLES OF CORPORATE GOVERNANCE FOR SUPERVISED INSTITUTIONS

PRINCIPLES OF CORPORATE GOVERNANCE FOR SUPERVISED INSTITUTIONS PRINCIPLES OF CORPORATE GOVERNANCE FOR SUPERVISED INSTITUTIONS Content of principles I. ORGANISATION AND ORGANISATIONAL STRUCTURE 1. 1 The organisation of a supervised institution should enable meeting

More information

GeoWealth Management, LLC. 444 N. Michigan Avenue, Suite 820 Chicago, IL 60611. March 2015

GeoWealth Management, LLC. 444 N. Michigan Avenue, Suite 820 Chicago, IL 60611. March 2015 FORM ADV PART 2A: Firm Brochure GeoWealth Management, LLC 444 N. Michigan Avenue, Suite 820 Chicago, IL 60611 March 2015 CRD 148222 This (the Brochure ) provides information about the qualifications and

More information

FINANCIAL SERVICES BOARD

FINANCIAL SERVICES BOARD BOARD NOTICE 102 OF 2004 FINANCIAL SERVICES BOARD FINANCIAL ADVISORY AND INTERMEDIARY SERVICES ACT, 2002 (ACT NO. 37 OF 2002) NOTICE ON SPECIFIC CODE OF CONDUCT FOR AUTHORISED FINANCIAL SERVICES PROVIDERS

More information

Data Processing Agreement for Oracle Cloud Services

Data Processing Agreement for Oracle Cloud Services Data Processing Agreement for Oracle Cloud Services Version December 1, 2013 1. Scope and order of precedence This is an agreement concerning the Processing of Personal Data as part of Oracle s Cloud Services

More information

BMW Group. Corporate Governance Code. Principles of Corporate Governance.

BMW Group. Corporate Governance Code. Principles of Corporate Governance. BMW Group Corporate Governance Code. Principles of Corporate Governance. - 2 - Contents Page Introduction 3 1. Shareholders and Annual General Meeting of BMW AG 5 1.1 Shareholders of BMW AG 5 1.2 The Annual

More information

Evergreen Solar, Inc. Code of Business Conduct and Ethics

Evergreen Solar, Inc. Code of Business Conduct and Ethics Evergreen Solar, Inc. Code of Business Conduct and Ethics A MESSAGE FROM THE BOARD At Evergreen Solar, Inc. (the Company or Evergreen Solar ), we believe that conducting business ethically is critical

More information

KILLIK & CO RESEARCH POLICY FIXED INCOME JANUARY 2014

KILLIK & CO RESEARCH POLICY FIXED INCOME JANUARY 2014 KILLIK & CO RESEARCH POLICY FIXED INCOME JANUARY 2014 Introduction Killik & Co aims to provide fixed income research which is objective, fair and not misleading to clients. This document outlines the various

More information

EXTRA SPACE STORAGE INC. CODE OF BUSINESS CONDUCT AND ETHICS

EXTRA SPACE STORAGE INC. CODE OF BUSINESS CONDUCT AND ETHICS EXTRA SPACE STORAGE INC. CODE OF BUSINESS CONDUCT AND ETHICS Purpose and Scope Since its founding, Extra Space Storage Inc. and its subsidiaries (collectively, the Company ) has required that all its employees

More information

Securities Exchange Certificate Transaction Law (2013, Pyidaungsu Hluttaw Law No. 20) The 9 th Waning of Waso 1375. M.E (30 th July 2013)

Securities Exchange Certificate Transaction Law (2013, Pyidaungsu Hluttaw Law No. 20) The 9 th Waning of Waso 1375. M.E (30 th July 2013) Securities Exchange Certificate Transaction Law (2013, Pyidaungsu Hluttaw Law No. 20) The 9 th Waning of Waso 1375. M.E (30 th July 2013) The Pyidaungsu Hluttaw hereby enacts this Law. Chapter 1 Title

More information

ACT on Payment Services 1 ) 2 ) of 19 August 2011. Part 1 General Provisions

ACT on Payment Services 1 ) 2 ) of 19 August 2011. Part 1 General Provisions ACT on Payment Services 1 ) 2 ) of 19 August 2011 Part 1 General Provisions Article 1. This Act sets out rules for the provision of payment services, including: 1) the conditions for provision of payment

More information

07.02 Texas Higher Education Fair Lending Practices

07.02 Texas Higher Education Fair Lending Practices 07.02 Texas Higher Education Fair Lending Practices Approved September 28, 2007 (MO 234-2007) Revised August 8, 2013 (MO 192-2013) Next Scheduled Review: August 8, 2018 Policy Statement The Texas Higher

More information

211 CMR: DIVISION OF INSURANCE 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS

211 CMR: DIVISION OF INSURANCE 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS Section 142.01: Scope and Purpose 142.02: Applicability 142.03: Definitions 142.04: Licensing 142.05: Consumer Protection Terms and Conditions

More information

How To Ensure That The Public Is Informed Of The Affairs Of A Company

How To Ensure That The Public Is Informed Of The Affairs Of A Company GRANITE REIT INC. AND GRANITE REAL ESTATE INVESTMENT TRUST DISCLOSURE POLICY As of March 4, 2015 I. Introduction The Board of Directors of Granite REIT Inc. (the Company ) and the Board of Trustees of

More information

Market Conduct Regulations

Market Conduct Regulations Market Conduct Regulations Contents Part 1: Preliminary Provisions Article 1: Definitions... Part 2: Prohibition of Market Manipulation Article 2: Prohibition of Manipulative and Deceptive Acts or Practices...

More information

PRINCIPLES ON OUTSOURCING OF FINANCIAL SERVICES FOR MARKET INTERMEDIARIES

PRINCIPLES ON OUTSOURCING OF FINANCIAL SERVICES FOR MARKET INTERMEDIARIES PRINCIPLES ON OUTSOURCING OF FINANCIAL SERVICES FOR MARKET INTERMEDIARIES A CONSULTATION REPORT OF THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS STANDING COMMITTEE 3 ON MARKET INTERMEDIARIES

More information

CONFLICT OF INTEREST MANAGEMENT POLICY & COVEA FINANCE Code of Ethics

CONFLICT OF INTEREST MANAGEMENT POLICY & COVEA FINANCE Code of Ethics CONFLICT OF INTEREST MANAGEMENT POLICY & COVEA FINANCE Code of Ethics INTRODUCTION Covéa Finance, located at 8-12 rue Boissy d'anglas - 75008 Paris, is a portfolio management company registered with the

More information

BUSINESS ASSOCIATE AGREEMENT ( BAA )

BUSINESS ASSOCIATE AGREEMENT ( BAA ) BUSINESS ASSOCIATE AGREEMENT ( BAA ) Pursuant to the terms and conditions specified in Exhibit B of the Agreement (as defined in Section 1.1 below) between EMC (as defined in the Agreement) and Subcontractor

More information

CLIENT TERMS OF BUSINESS AGREEMENT

CLIENT TERMS OF BUSINESS AGREEMENT CLIENT TERMS OF BUSINESS AGREEMENT General Information Seascope Insurance Services Limited (SIS) is an independent Lloyd s broker and is not tied to any one insurer. SIS has received a Grant of Permission

More information

ACT. of 22 May 2003. on insurance mediation 1. Chapter 1. General Provisions

ACT. of 22 May 2003. on insurance mediation 1. Chapter 1. General Provisions Kancelaria Sejmu Page 1 of 29 ACT of 22 May 2003 on insurance mediation 1 Chapter 1 General Provisions Article 1. This Act lays down rules for pursuing insurance mediation in the field of life and non

More information

BEST EXECUTION AND ORDER HANDLING POLICY

BEST EXECUTION AND ORDER HANDLING POLICY BEST EXECUTION AND ORDER HANDLING POLICY 1. Introduction 1.1. This Summary Best Execution and Order Handling Policy ( the Policy ) is provided to you (our Client or prospective Client) in accordance with

More information

PAYMENT SERVICES AND SYSTEMS ACT (ZPlaSS) CHAPTER 1 GENERAL PROVISIONS SUBCHAPTER 1 CONTENT OF THE ACT. Article 1. (scope)

PAYMENT SERVICES AND SYSTEMS ACT (ZPlaSS) CHAPTER 1 GENERAL PROVISIONS SUBCHAPTER 1 CONTENT OF THE ACT. Article 1. (scope) Legal notice All effort has been made to ensure the accuracy of this translation, which is based on the original Slovenian text. All translations of this kind may, nevertheless, be subject to a certain

More information