PRIIP概述

背景
2018年,一项欧盟新规生效,该新规旨在对“零售”客户进行保护,确保其在买入某种产品时能够获得充分的披露信息。该法规被称为零售及保险投资产品组合法规(MiFID II指令2014/65/EU)或PRIIP,其覆盖了所有应付给客户的金额会受参考值或一种或多种并非由该等零售投资者直接买入之资产的业绩表现影响而波动的投资。常见列子包括期权、期货、差价合约、ETF、ETN和其它结构性产品。

值得注意的是,经纪商不得允许零售客户购买PRIIP覆盖的产品,除非该产品的发行机构已经备好了要求的披露文件让经纪商提供给客户。这种披露文件被称为关键信息文件(“KID”),包括产品描述、成本、风险回报情况及可能的业绩情境等信息。美国客户不受PRIIP影响,因此,某些美国挂牌ETF的发行机构通常不会创建关键信息文件。这就意味着,欧洲经济区(“EEA”)的零售客户可能无法购买此类产品。

客户分类
IBKR默认将所有个人客户分类为“零售”客户,因为这样可以给与客户MiFID提供的最广泛的保护。被分类为“专业”客户的客户无法享受“零售”客户级别的保护,但同时也不需要受KID文件要求的限制。根据MiFID II的定义,“专业”客户包括受监管的实体、大型客户和要求被重新分类为“选择性专业客户”并且在知识、经验和财务实力方面满足MiFID II要求的个人。

IB提供了线上程序可供“零售”客户申请将其分类更改为“专业”。重新分类的资格要求以及申请重新分类的步骤,请参见KB3298,如果要直接申请更改分类,可通过客户端/账户管理中的相关问卷进行。
 

盈透证券(英国)有限公司 – MiFID分类

简介

欧盟《金融工具市场法规(MiFID)》及其后修订版MiFID II要求盈透证券英国有限公司【Interactive Brokers (U.K.) Limited (IBUK)】根据客户的知识水平、经验和专长将客户分为“零售客户”、“专业客户”或“合格对手方”这几类。 

根据英国金融行为监管局(“FCA”)的法规,IBUK将大多数客户归为零售客户,为其提供较高层次的保护。
 
只有受监管的实体或由受监管的基金经理管理的基金才会被归为专业客户。

专业客户与零售客户在监管保障方面的主要区别有:

1. 组合投资的性质与风险说明:以其它服务或产品作为协议条件向零售客户提供投资服务的公司必须:(i) 告知零售投资者组合协议的风险是否与各组成部分单独对应的风险有所不同;并(ii) 向零售客户提供协议不同组成部分的充分说明以及各部分相互作用改变风险的方式。上述要求不适用于专业客户。但是,除了下方第3点的情况外,IBUK的处理方法并不会有太多不同。

2. 差价合约(”CFD“)的投资者保护措施:欧洲证券与市场管理局(”ESMA“)针对向零售客户提供差价合约推出了干预措施。措施包括:(i) 对开仓头寸实施新的杠杆限制,根据底层证券的波动率而定;(ii) 以单个账户为单位的保证金平仓规则,标准化了供应商必须平仓一个或多个未结差价合约的保证金百分比水平;(iii) 以单个账户为单位的负余额保护规则;
(iv) 限制交易差价合约的奖励;以及(v) 标准化风险警示,包括披露差价合约供应商出现亏损的零售投资者账户的百分比。上述要求不适用于专业客户。

3. 与客户的沟通:公司必须确保其与所有客户的沟通均清楚、公证、不具误导性。但是,公司与专业客户沟通(有关其自身、其服务与产品以及其报酬)的方式则可能会和与零售客户沟通的方式不同。公司在信息提供的详细程度、使用的工具以及时间选择方面的责任都会根据客户是零售客户还是专业客户而会有所不同。发送某些产品特定文件(如零售及保险投资产品组合(“PRIIP”)关键信息文件(“KID”)的要求不适用于专业客户。

4. 价值减损报告: 若零售客户账户持有杠杆金融产品头寸或涉及或有负债交易,则如果各产品的初始价值下降10%且之后以10%的倍数下跌,则公司必须通知零售客户。上述要求不适用于专业客户。

5. 合适性:在评估非咨询(non-advised)服务的合适性时,公司须确定客户是否具备必要的经验和知识,能够了解所提供或需求之产品或服务相关的风险。该等合适性评估要求应用到客户时,公司会认为专业客户具备必要的经验和知识了解其被分类为专业客户的该等特定投资服务或交易、或该等类型交易或产品相关的风险。但公司不会对零售客户作此假设,而是必须确定零售客户确实具备必要的经验和知识水平。
 

IBUK提供非咨询服务,在评估既定服务或产品的合适性时,不需要像对零售客户那样对专业客户索取信息或遵守评估程序,如果不能确定某一既定服务或产品的合适性,IBUK也不需要向专业客户发出警告。 

6. 责任免除:在FCA法规下,公司针对零售客户免除或限制其自身责任或义务的能力比针对专业客户时要弱。

7. 金融服务申诉机构:英国金融申诉服务机构对专业客户不可用,除非其是,例如,在其自身行业、业务、技能或专业之外行动的消费者、小型企业或个人。

8. 补偿: IBUK是英国金融服务补偿计划的参与成员。如果IBUK不能履行对您的义务,您有权从该计划索取赔偿。这取决于业务的类型以及索赔的情况;补偿仅对某些类型的索赔人和某些类型的业务可用。从补偿计划获取补偿的资格将根据计划适用的规则确定。
 

重新分类为专业客户

IBUK允许其零售客户申请重新分类为专业客户。我们会告知客户其客户分类,并且客户可随时在账户管理(设置>账户设置>MiFID客户类别)中进行查看。客户也可从本页面请求更改其MiFID分类。

在下方两种情况下,IBUK会考虑将零售客户重新分类为专业客户:

1. 固有专业客户可以通知IBUK,因至少满足以下一项条件,其认为其自身根据FCA规则应该被分类为固有专业客户:

(i) 被授权或受监管在金融市场运作;或

(ii) 公司层面满足下方规模要求中任意两项的大型事业:

(a) 资产负债表总额达20,000,000欧元;
(b) 净营业额达40,000,000欧元;
(c) 自有资金达2,000,000欧元;

(iii) 主要活动为投资金融产品的机构投资者。这包括致力于资产证券化或其它融资交易的实体。

2. 如果基于对客户技能、经验和知识的评估,IBUK有理由相信,考虑所设想之交易或服务的性质,客户能够自行做出投资决定并了解其中风险,则IBUK会将客户作为选择性专业客户。不满足固有专业客户要求的客户仍然可以申请被分类为选择性专业客户。

要获得重新分类,零售客户必须提供证据证明其至少满足以下标准中的两项:

1. 在过去4个季度,客户进行大额金融产品交易的平均频率达每季度10次。

IBUK会考虑以下条件来确定大额交易:

a. 过去4个季度内,进行了至少40笔交易;
b. 过去4个季度内每个季度至少进行了1笔交易;
c. 过去4个季度内进行的最大的40笔交易总名义价值大于200,000欧元;
d. 账户净资产价值大于50,000欧元。

现货外汇和未分配OTC金属交易不纳入计算。

2. 客户持有的金融产品(包括现金)投资组合超过500,000欧元(或等值);

3. 客户是个人账户持有人或机构账户交易者,且其至少有一年在金融行业要求具备产品知识的专业岗位工作的经验。

审核并验证客户提供的信息和证明资料后,如果所有相关条件均已符合,则IBUK会对客户进行重新分类。

申请重新分类为专业客户的零售客户在提交相关申请前,必须阅读并了解IBUK的警告信息。

重新分类为零售客户 专业客户可以在上述同一账户管理页面(设置>账户设置>MiFID客户类别)向IBUK提出申请将其重新分类为零售客户。

除了受监管实体或由受监管基金经理管理的基金应分类为固有专业客户外,IBUK可接受所有此类请求。

本信息仅用于指导盈透证券全披露清算服务客户。
注:以上信息不作为全面穷尽式指南,也不是对法规的权威性解释,而是对IBUK对待客户分类和重新分类政策之方法的总结。

 

 

PRIIPs Overview

BACKGROUND
In 2018, an EU regulation, intended to protect “Retail” clients by ensuring that they are provided with adequate disclosure when purchasing certain products took effect. This regulation is known as the Packaged Retail and Insurance-based Investment Product Regulation (MiFID II, Directive 2014/65/EU), or PRIIPs, and it covers any investment where the amount payable to the client fluctuates because of exposure to reference values or to the performance of one or more assets not directly purchased by such retail investor. Common examples of such products include options, futures, CFDs, ETFs, ETNs and other structured products.

It’s important to note that a broker cannot allow a Retail client to purchase a product covered by PRIIPs unless the issuer of that product has prepared the required disclosure document for the broker to provide to the client. This disclosure document is referred to as a Key Information Document, or KID, and it contains information such as product description, cost, risk-reward profile and possible performance scenarios. U.S. clients are not impacted by PRIIPs, so the issuers of some of the more popular U.S. listed ETFs often elect not to create a KID. This means that EEA Retail client may not purchase the product.

CLIENT CATEGORISATION
IBKR categorises all individual clients as “Retail” by default as this affords clients the broadest level of protection afforded by MiFID. Client who are categorised as “Professional” do not receive the same level of protection as “Retail” but are not subject to the KIDs requirement. As defined under MiFID II rules, “Professional” clients include regulated entities, large clients and individuals who have asked to be re-categorised as “elective professional clients” and meet the MiFID II requirements based on their knowledge, experience and financial capability.

IB provides an online step-by-step process that allows “Retail” to request that their categorisation be changed to “Professional". The qualifications for re-categorisation along with the steps for requesting that one’s categorisation be considered are outlined in KB3298 or, to directly apply for a change in categorisation, the questionnaire, is available in the Client Portal/Account Management.
 

Interactive Brokers (U.K.) Limited – MiFID Categorisation

Introduction

The European Union legislative act known as the Markets in Financial Instruments Directive, or MiFID, as amended by MiFID II, requires Interactive Brokers (U.K.) Limited (IBUK) to classify each Client according to their knowledge, experience and expertise: "Retail", "Professional" or "Eligible Counterparty". 

In accordance with the Financial Conduct Authority rules, IBUK categorises most clients as Retail clients, providing them with a higher degree of protection.
 
Only those clients that are either regulated entities or funds managed by regulated fund managers, are categorised as Per Se Professional Clients.

The main differences in regulatory protections afforded to Professional Clients as compared with Retails Clients are:

1. Description of the nature and risks of packaged investments: A firm that offers an investment service with another service or product or as a condition of the same agreement with a retail client must: (i) inform retail clients if the risks resulting from the agreement are likely to be different from the risks associated with the components when taken separately; and (ii) provide retail clients with an adequate description of the different components of the agreement and the way in which its interaction modifies the risks. The above requirements do not apply in respect of professional clients. However, IBUK will not make such differentiation apart from the case specified under point 3 below.

2. Investor protection measures on the provision of Contracts for Differences (“CFDs”): The European Securities and Markets Authority (“ESMA”) introduced product intervention measures on the provision of CFDs to retail investors. The measures include: (i) New leverage limits on the opening of a position, which vary according to the volatility of the underlying; (ii) A margin close out rule on a per account basis that standardises the percentage of margin at which providers are required to close out one or more open CFDs; (iii) Negative balance protection on a per account basis;
(iv) A restriction on the incentives offered to trade CFDs; and (v) A standardised risk warning, including the percentage of losses on a CFD provider’s retail investor accounts.The above requirements do not apply in respect of professional clients.

3. Communication with clients: A firm must ensure that its communications with all clients are fair, clear and not misleading. However, the way in which a firm may communicate with professional clients (about itself, its services and products, and its remuneration) may be different from the way in which the firm communicates with retail clients. A firm’s obligations in respect of the level of details, medium and timing of the provision of information are different depending on whether the client is a retail or professional client. The requirements to deliver certain product-specific documents, such as Key Information Documents (“KID”) for Packaged Retail and Insurance-based Investment Products (“PRIIPs”), are not applied to professional clients.

4. Depreciation in value reporting: A firm that holds a retail client account that includes positions in leveraged financial instruments or contingent liability transactions must inform the retail client, where the initial value of each instrument depreciates by 10 per cent and thereafter at multiples of 10 per cent. The above requirements do not apply in respect of professional clients.

5. Appropriateness: When assessing appropriateness for non-advised services, a firm may be required to determine whether the client has the necessary experience and knowledge in order to understand the risks involved in relation to the product or service offered or demanded. Where such an appropriateness assessment requirement applies in respect of a client, the firm may assume that a professional client has the necessary experience and knowledge in order to understand the risks involved in relation to those particular investment services or transactions, or types of transaction or product, for which the client is classified as a professional client. A firm may not make such an assumption for a retail client and must determine that a retail client does have the necessary level of experience and knowledge.
 

IBUK provides non-advised services and is not required to request information or adhere to the assessment procedures for a professional client when assessing the appropriateness of a given service or product as with a retail client, and IBUK may not be required to give warnings to the professional client if it cannot determine appropriateness with respect to a given service or product. 

6. Exclusion of liability: Firms’ ability to exclude or restrict any duty or liability owed to clients is narrower under the FCA rules in the case of retail clients than in respect of professional clients.

7. The Financial Services Ombudsman: The services of the Financial Ombudsman Service in the UK may not be available to professional clients, unless they are, for example, consumers, small businesses or individuals acting outside of their trade, business, craft or profession.

8. Compensation: IBUK is a member of the UK Financial Services Compensation Scheme. You may be entitled to claim compensation from that scheme if IBUK cannot meet its obligations to you. This will depend on the type of business and the circumstances of the claim; compensation is only available for certain types of claimants and claims in respect of certain types of business. Eligibility for compensation from the scheme is determined under the rules applicable to the scheme.
 

Re-categorisation as Professional Client

IBUK allows its Retail Clients to request to be re-categorised as Professional Clients. Clients are notified of their Client Category and can check it at any time from Account Management, under Settings> Account Settings> MiFID Client Category. From this same screen, Clients can also request to change their MiFID Category.

IBUK will consider re-categorising Retail Clients to Professional Clients in two instances:

1. Per Se Professional Clients can notify IBUK that they consider that they should have been categorised as Per Se Professionals under the FCA rules, because at least one of the following conditions applies:

(i) authorised or regulated to operate in the financial markets; or

(ii) a large undertaking meeting two of the following size requirements on a company basis:

(a) balance sheet total of EUR 20,000,000;
(b) net turnover of EUR 40,000,000;
(c) own funds of EUR 2,000,000;

(iii) an institutional investor whose main activity is to invest in financial instruments. This includes entities dedicated to the securitisation of assets or other financing transactions.

2. IBUK may treat Clients as Elective Professional Clients if, based on an assessment of the Client’s expertise, experience, and knowledge, IBUK is reasonably assured that, in light of the nature of the transactions or services envisaged, the Client is capable of making its own investment decisions and understand the risks involved. Clients who do not meet the requirements to be categorised as Per Se Professional Clients can still request to be categorised as Elective Professional Clients.

To obtain such re-categorisation, Retail Clients must provide evidence that they satisfy at least two (2) of the following criteria:

1. Over the last four (4) quarters, the Client conducted trades in financial instruments in significant size at an average frequency of ten (10) per quarter.

To determine the significant size IBUK considers the following:

a. During the last four quarters, there were at least forty (40) trades; and
b. During each of the last four (4) quarters, there was at least one (1) trade; and
c. The total notional value of the top forty (40) trades of the last four (4) quarters is greater than EUR 200,000; and
d. The account has a net asset value greater than EUR 50,000.

Trades in Spot FX and Unallocated OTC Metals are not considered for the purpose of this calculation.

2. The Client holds a portfolio of financial instruments (including cash) that exceeds EUR 500,000 (or equivalent);

3. The Client is an individual accountholder or a trader of an organisation account who works or has worked in the financial sector for at least one year in a professional position which requires knowledge of products it trades in.

Upon review and verification of the information and supporting evidence provided, IBUK will re-categorise clients if all relevant conditions are met to satisfaction.

Retail Clients requesting to be re-categorised as Professional Accounts must read and understand the warning provided by IBUK before the relevant request is submitted.

Re-categorisation as Retail Client Professional Clients can request IBUK to be re-categorised as Retail Clients, from the same Account Management page described above (under Settings> Account Settings> MiFID Client Category).

With the sole exception of regulated entities or funds managed by regulated fund managers, which are categorised as Per Se Professional Clients, IBUK accepts all such requests.

THIS INFORMATION IS GUIDANCE FOR INTERACTIVE BROKERS FULLY DISCLOSED CLEARED CUSTOMERS ONLY.
NOTE: THE INFORMATION ABOVE IS NOT INTENDED TO BE A COMPREHENSIVE, EXHAUSTIVE NOR A DEFINITIVE INTERPRETATION OF THE REGULATION, BUT A SUMMARY OF IBUK’S APPROACH TO CLIENT CATEGORISATION AND RE-CATEGORISATION POLICY.

 

 

Information Regarding Australian Regulatory Status Under IB Australia

Introduction
Australian resident customers maintaining an account with Interactive Brokers Australia Pty Ltd (IB
Australia), which holds an Australian Financial Services License, number 453554, are initially
classified as a retail investor, unless they satisfy one or more of the requirements to be classified as a
wholesale or professional investor according to the relevant provisions of the Corporations Act 2001.
This article outlines how this process is handled by IB Australia.

Australian Regulatory Status
All new customers of IB Australia default to being classified as a retail investor unless they produce to
IB Australia the required documentary evidence to allow IB Australia to treat them as a wholesale or
professional investor. Investors of IB Australia will only have their regulatory status change from
retail investor to either wholesale or professional investor subsequent to the required
documentation being received and approved by IB Australia.

What is a Wholesale Investor?
The most common way to be classified as a wholesale investor is to obtain a qualified accountant’s
certificate stating that you have net assets or net worth of at least $2.5 million AUD OR have a gross
annual income of at least $250,000 AUD in each of the last two financial years. The qualified
accountant’s certificate is only valid for two years before it needs to be renewed. We have prepared a
wholesale investor booklet, including a pro forma certificate for your accountant to complete, that
can be downloaded [here].

What is a Professional Investor?
In order to qualify as a professional investor, you must have an AFSL, be a body regulated by APRA,
be a superannuation fund (but not a SMSF) and/or have net worth or liquid net worth of at least $10
million AUD. If you meet one of these criteria, you will need to complete and submit to IB Australia
the professional investor declaration contained within the professional investor booklet that we have
prepared, which can be downloaded [here].

What about Self-Managed Super Funds (SMSF’s)?
The law governing the regulatory status of SMSF’s is somewhat of a grey area. As such, IB Australia
have decided to treat all SMSF’s as retail investors, notwithstanding that they may meet the
requirements to otherwise be classified as a wholesale or professional investor.

What about trusts?
For a trust to be considered as a wholesale investor, all trustees must be considered a wholesale
investor based on the tests described above.

Similarly, for a trust to be considered as a professional investor, all trustees must be considered a
professional investor based on the tests described above.

As a result, if at least one trustee is considered retail, the trust is considered a retail trust, regardless
of the status of any other trustees (if applicable).

Other

  • For a full list of the disclosure documents and legal terms which govern the services IB Australia will make available please refer to the IB website.
  • For further information on IB Australia, click on our Financial Services Guide.
  • For more information or assistance, please contact IB Investor Services.

 

法律实体识别号码概况

背景

法律实体识别号码(LEI)是一个20位的参考代码,该代码能够标识参与全球各市场或司法辖域的金融交易的独立法律实体。LEI体系是G20集团根据ISO标准发展而来的,由LEI的签发机构——当地运营单位(LOU)提供注册和延期服务。为参与金融交易的每一家法律实体提供独特的识别号码(以及与实体相关的关键参考信息)的目的是提高市场透明度。

DTC和SWIFT充当美国的LEI签发方,且有专门的网站负责分配新的LEI和提供已有LEI的搜索服务。详情请见:http://www.gmeiutility.org/

 

需使用LEI的情况

在某些情况下,法律法规会要求经纪商报告有关客户的信息,这其中就包括客户识别信息。对于诸如信托和机构等实体,该识别信息即为LEI。需报告LEI的情况包括:

CFTC所有权及控制权报告
MIFIR交易报告
中国股票互联互通
EMIR交易信息库报告

 

获取LEI

法律实体可联系经授权的LEI签发机构(也称为当地运营单位/LOU)获取LEI。DTC和SWIFT充当美国的LEI签发方,且有专门的网站负责LEI注册和延期。请注意,LEI申请人可使用任何被认可的LOU的服务,不限于其所在国家的LEI签发机构。

此外,作为向客户提供的一项服务,IBKR会通过账户管理向需要LEI用于交易或满足其它监管报告职能的实体发送邀请。通过该邀请,客户可授权IBKR通过DTC的加速通道(需3个工作日)请求LEI,之后再从客户的账户中扣取申请费用和年度延期费用。

针对大麻类证券的清算所限制

斯图加特交易所(Boerse Stuttgart)和明讯银行(Clearstream Banking)宣布其将不再对主营业务与大麻及其它毒品直接或间接相关的证券提供服务。因此,该等证券将不会再于斯图加特(SWB)或法兰克福(FWB)证券交易所交易。自2018年9月19日收盘开始,IBKR将采取以下行动:

  1. 对于客户未采取行动平仓,但也不能转至美国挂牌市场的受影响头寸,进行强制平仓;
  2. 对于客户未采取行动平仓,但能够转至美国挂牌市场的受影响头寸,将股票转至其美国挂牌市场。

下方表格列出了斯图加特交易所和明讯银行截至2018年8月7日公布的受影响证券。该表格还标记了受影响证券是否能够转至美国挂牌市场。注意,清算所已声明该列表可能尚不完整,建议客户检查其各自网站了解最新信息。

ISIN 名称 交易所 是否可转至美国? 美国代码
CA00258G1037

ABATTIS BIOCEUTICALS CORP

FWB2

ATTBF

CA05156X1087

AURORA CANNABIS INC

FWB2, SWB2

ACBFF

CA37956B1013

GLOBAL CANNABIS APPLICATIONS

FWB2

FUAPF

US3988451072

GROOVE BOTANICALS INC

FWB

GRVE

US45408X3089

INDIA GLOBALIZATION CAPITAL

FWB2, SWB2

ICG

CA4576371062

INMED PHARMACEUTICALS INC

FWB2

IMLFF

CA53224Y1043

LIFESTYLE DELIVERY SYSTEMS I

FWB2, SWB2

LDSYF

CA56575M1086

MARAPHARM VENTURES INC

FWB2, SWB2

MRPHF

CA5768081096

MATICA ENTERPRISES INC

FWB2, SWB2

MQPXF

CA62987D1087

NAMASTE TECHNOLOGIES INC

FWB2, SWB2

NXTTF

CA63902L1004

NATURALLY SPLENDID ENT LTD

FWB2, SWB2

NSPDF

CA88166Y1007

TETRA BIO-PHARMA INC

FWB2

TBPMF

CA92347A1066

VERITAS PHARMA INC

FWB2

VRTHF

CA1377991023

CANNTAB THERAPEUTICS LTD

FWB2  
CA74737N1042

QUADRON CANNATECH CORP

FWB2  
CA84730M1023

SPEAKEASY CANNABIS CLUB LTD

FWB2, SWB2  
CA86860J1066

SUPREME CANNABIS CO INC/THE

FWB2  
CA92858L2021

VODIS PHARMACEUTICALS INC

FWB2  

 重要注意事项:

  • 请注意,美国挂牌证券通常为场外交易(PINK),且以美元(而非欧元)计价,因此,除市场风险外,您还将面对汇率风险。
  • 持有粉单(PINK Sheet)证券的账户持有人需要有美国(仙股)交易许可才能下达开仓定单。
  • 拥有美国(仙股)交易许可之账户的所有使用者均须使用双因素验证登录账户。

Clearinghouse Restrictions on Cannabis Securities

Boerse Stuttgart and Clearstream Banking have announced that they will no longer provide services for issues whose main business is connected directly or indirectly to cannabis and other narcotics products.  Consequently, those securities will no longer trade on the Stuttgart (SWB) or Frankfurt (FWB) stock exchanges. Effective as of the 19 September 2018 close, IBKR will take the following actions:

  1. Force close any impacted positions which clients have not acted to close and that are not eligible for transfer to a U.S. listing; and
  2. Force transfer to a U.S. listing any impacted positions which clients have not acted to close and that are eligible for such transfer.

Outlined in the table below are impacted issues as announced by the Boerse Stuttgart and Clearstream Banking  as of 7 August 2018. This table includes a notation as to whether the impacted issue is eligible for transfer to a U.S. listing. Note that the clearinghouses have indicated that this list may not yet be complete and clients are advised to review their respective websites for the most current information.

ISIN NAME EXCHANGE U.S. TRANSFER ELIGIBLE? U.S. SYMBOL
CA00258G1037

ABATTIS BIOCEUTICALS CORP

FWB2 YES

ATTBF

CA05156X1087

AURORA CANNABIS INC

FWB2, SWB2 YES

ACBFF

CA37956B1013

GLOBAL CANNABIS APPLICATIONS

FWB2 YES

FUAPF

US3988451072

GROOVE BOTANICALS INC

FWB YES

GRVE

US45408X3089

INDIA GLOBALIZATION CAPITAL

FWB2, SWB2 YES

ICG

CA4576371062

INMED PHARMACEUTICALS INC

FWB2 YES

IMLFF

CA53224Y1043

LIFESTYLE DELIVERY SYSTEMS I

FWB2, SWB2 YES

LDSYF

CA56575M1086

MARAPHARM VENTURES INC

FWB2, SWB2 YES

MRPHF

CA5768081096

MATICA ENTERPRISES INC

FWB2, SWB2 YES

MQPXF

CA62987D1087

NAMASTE TECHNOLOGIES INC

FWB2, SWB2 YES

NXTTF

CA63902L1004

NATURALLY SPLENDID ENT LTD

FWB2, SWB2 YES

NSPDF

CA88166Y1007

TETRA BIO-PHARMA INC

FWB2 YES

TBPMF

CA92347A1066

VERITAS PHARMA INC

FWB2 YES

VRTHF

CA1377991023

CANNTAB THERAPEUTICS LTD

FWB2 NO  
CA74737N1042

QUADRON CANNATECH CORP

FWB2 NO  
CA84730M1023

SPEAKEASY CANNABIS CLUB LTD

FWB2, SWB2 NO  
CA86860J1066

SUPREME CANNABIS CO INC/THE

FWB2 NO  
CA92858L2021

VODIS PHARMACEUTICALS INC

FWB2 NO  

 IMPORTANT NOTES:

  • Note that the U.S. listings generally trade over-the-counter (PINK) and are denominated in USD not EUR thereby exposing you to exchange rate risk in addition to market risk.
  • Account holders maintaining PINK Sheet securities require United States (Penny Stocks) trading permissions in order to enter opening orders.
  • All users on accounts maintaining United States (Penny Stocks) trading permissions are required use 2 Factor login protection when logging into the account.

打包零售和保险类投资产品法规(PRIIPs)

“打包零售和保险类投资产品法规” - 欧盟编号1286/2014(“PRIIPs法规”或“PRIIPs”)于2014年12月29日签署,其规定于2018年1月1日生效。法规要求打包零售和保险类投资产品的生产者创建并维护关键信息文件(KIDs),销售或就此类产品提供咨询建议的人士向所有在欧洲经济区(EEA)的零售投资者提供关键信息文件,以帮助这些投资者更好地了解和比较产品。
 

PRIIPs法规的目的。
自2008年金融危机以来,欧盟委员会的主要目标之一是加强投资者保护以及重建公众对金融市场的信心。
 

法规提出了新的标准化“关键信息文件(KID)”,以提升零售投资者对打包零售和保险类投资产品的了解,并能更好地比较这些产品。打包零售和保险类投资产品是指向投资者支付的金额随参照值变动而变动的任意投资产品。除保险产品外,其它例子还包括期权、期货、差价合约和结构化产品等。

该法规是一项投资者保护法规,其主要目标为:

  • 确保投资者能理解并比较相似的产品,从而做出投资决策。
  • 提高零售投资市场的透明度及公众的信心。
  • 促进一体化欧盟保险市场的形成。

法规旨在通过规定关键信息文件的标准格式和内容来达成以上目标。

什么是关键信息文件?
关键信息文件是一份3页的文件,包括有关产品的重要信息,如产品的一般描述、成本、风险回报情况及可能的业绩情境。
 

该法规适用于哪些实体?
法规适用于打包零售和保险类投资产品的生产者和经销商。创建并维护文件的责任由产品生产者承担。然而,任何销售、就打包零售和保险类投资产品向零售投资者提供咨询建议、或接受零售投资者买入该类产品的定单的经销商或金融中介机构都必须向投资者提供关键信息文件。这也适用于仅执行定单的网络交易环境。
 

谁应收到关键信息文件?
居住在欧洲经济区的零售投资者应在投资打包零售和保险类投资产品前收到关键信息文件。如生产者不提供关键信息文件,欧洲经济区的零售客户将无法交易该产品。
 

对盈透证券的影响:
为遵守PRIIPs法规,IB英国将通过网站以电子化的形式提供关键信息文件(“PRIIPs关键信息文件登陆页”)。
 

我在哪里可以找到PRIIPs关键信息文件登陆页?
关键信息文件可通过我们专门的PRIIPs关键信息文件登陆页找到。您可通过三种不同的方式找到关键信息文件。即通过IB交易者工作站(“TWS”)、IB网站和账户管理找到。

 1. 通过TWS找到关键信息文件:

  • 登录TWS
  • 右击您想要获取关键信息文件的产品代码。
  • 在金融产品信息下选择“详情”。

 

  • 在合约详情页面,您可选择PRIIPs关键信息文件链接。这将带您前往账户管理中的PRIIPs关键信息文件登陆页。

 

  2. 通过IB网站找到关键信息文件:

  • 打开“交易”标签并选择“产品列表”

  • 选择您想要获得合约信息的产品的衍生品类型、区域和交易所。

  • 选择您想要查看关键信息文件的产品,转至合约详情页面。

  • 在如下所示的合约详情页面上,点击PRIIPs关键信息文件链接,即可转至账户管理中的PRIIPs关键信息文件登陆页。

 3. 通过账户管理找到关键信息文件:

  • 登录账户管理。
  • 依次选择“支持”和“PRIIPs关键信息文件”,即可前往账户管理的PRIIPs关键信息文件登陆页。

或者,在传统模式账户管理中:

  • 在“支持”标签下选择“工具”

  • 选择“合约搜索”,然后搜索您想要查看关键信息文件的合约。

  • 选择您希望寻找的产品类型。(如期货)

  • 然后选择您想要的合约的详情,您将来到“合约详情”页面。

  • 在这里您可点击PRIIPs关键信息文件链接,即可前往账户管理的PRIIPs关键信息文件登陆页。

 

Legal Entity Identifier Overview

BACKGROUND

The Legal Entity Identifier (LEI) is a 20-digit reference code that uniquely identifies legally distinct entities engaging in financial transactions globally, and across markets and jurisdictions. The LEI system was developed by the G-20 in accordance with ISO standards and the issuers of LEIs, referred to as Local Operating Units (LOU), supply registration and renewal services. Providing a unique identifier for each legal entity (along with key reference information associated with the entity) participating in financial transactions is intended to promote transparency.

DTC, in collaboration with SWIFT, operate as the local (U.S.) source provider of LEIs and maintains a website for the assignment of new and search of existing LEIs.  See: http://www.gmeiutility.org/

 

SITUATIONS REQUIRING A LEI

In certain instances, brokers are required by regulation to report information regarding a client and include in that information a client identifier. For entities such as trusts and organizations, that identifier is referred to an a LEI. Examples of these reporting instances include the following:

CFTC Ownership and Control Reporting
MiFIR Transaction Reporting
China Stock Connect
EMIR reporting to trade repository

 

OBTAINING THE LEI

A LEI can be obtained by contacting an authorized LEI issuer, also referred to as a Local Operating Unit (LOU). The DTC, in collaboration with SWIFT, operates as a U.S. LOU and maintains a website for purposes of LEI registration and renewal. Note that LEI applicants can use the services of any accredited LOU and are not limited to using an LEI issuer in their own country.

In addition, as a service to its clients, IBKR will send an invite via Account Management to those who are required to obtain a LEI for trading or other regulatory reporting functions.  Through this invite, the client can authorize IBKR to request an LEI through DTC on an accelerated basis (3 business days) and debit the client's account for the application fee and the annual renewal fee thereafter.

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