27. September 2021

Mifid Client Agreement

Customer agreements need to be reviewed and possibly revised to meet MiFID II. MiFID II also imposes somewhat more formal procedures for changing the classification of clients – appropriate counterparties requesting a higher level of protection must submit a written request, and professional clients who wish to opt for eligible counterparty status must receive a written warning from the company, according to which they must respond both to their request and to the fact that they respond to the consequences of protection, which they may lose, which they are aware, must confirm in writing. 46 2. Investment firms shall provide, in good time before the provision of investment or ancillary services, to clients or potential clients the information required pursuant to Articles 47 to 50. . .