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Annex II PROFESSIONAL CLIENTS FOR THE PURPOSE OF THIS DIRECTIVE

United Kingdom

Original text. Later amendments are not shown.

Professional client is a client who possesses the experience, knowledge and expertise to make its own investment decisions and properly assess the risks that it incurs. In order to be considered to be professional client, the client must comply with the following criteria:

  1. ICATEGORIES OF CLIENT WHO ARE CONSIDERED TO BE PROFESSIONALS
  2. IICLIENTS WHO MAY BE TREATED AS PROFESSIONALS ON REQUEST