FinSA Art. 8 - Content and form of information

Einleitung zur Rechtsnorm FinSA:

Art. 8 FinSA from 2024

Art. 8 Duty to Provide Information Content and form of information

¹ Financial service providers shall inform their clients of the following:

a. their name and address;

b. their field of activity and supervisory status;

c. the possibility of initiating mediation proceedings before a recognised ombudsman in accordance with Title 5; and

d. the general risks associated with financial instruments.

² They shall also provide information on:

a. the financial service personally recommended and the associated risks and costs;

b. the business affiliations with third parties in connection with the financial service offered;

c. the market offer taken into account when selecting the financial instruments.

³ Where financial instruments are personally recommended, financial service providers shall also make the key information document available to the retail client insofar as such a document must be produced for the financial instrument recommended (Articles 58 and 59). In the case of a compound financial instrument, a key information document shall be made available for said instrument only.

⁴ No key information document need be made available if the service is provided exclusively in the execution or transmission of client orders, unless a key information document has already been produced for the financial instrument.

⁵ When personally recommending financial instruments for which a prospectus is required (Articles 35 to 37), financial service providers shall make this prospectus available to their retail client free of charge upon request.

⁶ Advertising must be indicated as such.

Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.

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