European Brokerage · glossary
A short paper on one ETF or leveraged note, setting out its features, risks and costs. The app shows it before the client buys, in the language of the client’s country: Greek in Cyprus and Greece, German in Germany. A client in Cyprus who chose English gets it in English. Clause 5.4 · Chapter 4
Explained in Chapter 4, Opening an Account: Execution-Only, Appropriateness and Advice, of European Brokerage.
Also explained in Debt Capital Markets.
First, the EU’s PRIIPs Regulation requires a key information document for each ETF and each leveraged note, before the client buys. It is a short paper in a fixed form, setting out the product’s features, risks and costs. Under clause 5.4, the app shows it in the language of the client’s country: Greek in Cyprus and Greece, German in Germany. Cyprus also accepts English, so a client there who chose English gets it in English.Read Chapter 4, Opening an Account: Execution-Only, Appropriateness and Advice →
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