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Article 44 – Fair, clear and not misleading information requirements ⬅️ | ➡️ Article 46 – General requirements for information to clients
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.24 > 4
Article 45 - Information concerning client categorisation
1.
Investment firms shall notify new clients, and existing clients that the investment firm has newly categorised as required by Directive 2014/65/EU, of their categorisation as a retail client, a professional client or an eligible counterparty in accordance with that Directive.
2.
Investment firms shall inform clients in a durable medium about any right that client has to request a different categorisation and about any limitations to the level of client protection that a different categorisation would entail.
3.
Investment firms may, either on their own initiative or at the request of the client concerned treat a client in the following manner:
(a)
as a professional or retail client where that client might otherwise be classified as an eligible counterparty pursuant to EU;
(b)
a retail client where that client that is considered a professional client pursuant to Section I of Annex II to Directive 2014/65/EU.