BC-2.7.19
Past version: Effective from 18 Jul 2025 to 30 Jun 2007
To view other versions open the versions tab on the right
(a) they have made and recorded an assessment of the retail client's financial standing, based on information disclosed by the retail client ;
(b) they have taken reasonable steps to ensure that the arrangements for the loan or credit and the amount concerned are suitable, based on the information disclosed by the retail client , for the type of investment agreement proposed or which the retail client is likely to enter into; and
(c) the retail client has given his prior written consent to both the maximum amount of the loan or credit and the amount or basis of any interest or fees to be levied in connection with the loan or credit.