CmaBylaw
Executive Bylaws
1-4 Providing a Client with Conditions of Service Of Module Eight: Conduct of Business
Section: Chapter One: General Provisions
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Sunday, 05 February 2017
A Licensed Person shall enter into an agreement with the Client before providing any services, which shall specifically include the following information: 1. Profile of the Licensed Person and the services he provides 2. Conditions of the services to be provided and the mutual obligations between the parties. 3. A report on the proposed investment strategies, including the necessary guidelines and precautions regarding the risks accompanying investments, or regarding specific investment strategies in case the Licensed Person shall manage the Client’s Funds. 4. Information that enables the Client to understand the nature of the service and its risks. 5. The procedures that need to be followed in case of any error committed while executing the Client’s orders, and mechanism for resolving such an error and the person responsible for such error, whether it was committed by the Licensed Person, one of its employees or a third party. 6. The departments entrusted with making decisions for the benefit of the Licensed Person’s Client. 7. The related expenses, fees and charges for the services provided by the Licensed Person, and the method of its calculation.
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