Common use of Client Profile Clause in Contracts

Client Profile. 2.1 We will carry out a review of your investment knowledge and experience, risk profile, financial objectives, financial situation, and particular needs (the "Client Profile") before opening any Account or entering into any Transaction for your Account as well as while providing any Services on an on- going and regular basis. The Client Profile may be recorded in such document as we may require from time to time. Pursuant to such Client Profile, we may collect information about your risk profile, investment knowledge, investment experience, investment objectives, financial situation and/or particular needs, which may include (but is not limited to) the following: 2.1.1 your financial objectives; 2.1.2 your risk profile and risk appetite; 2.1.3 your employment status, financial situation and income sources; 2.1.4 your financial commitments and liabilities; 2.1.5 your current investment portfolio, including any life policy; 2.1.6 your investment experience; and 2.1.7 your employment history. 2.2 You represent, warrant and undertake that on each occasion that any information is provided to us for the purposes of determining your investment knowledge, experience, risk profile, financial objectives, financial situation and/or particular needs, that all such information provided to us is accurate, correct, complete, and up-to-date. 2.3 You agree and acknowledge that: 2.3.1 we are entitled to rely and act, and continue to rely and act, on the information you provide to us without verifying such information, and without any further inquiry or investigation; 2.3.2 you are, at all times, responsible and liable for the accuracy, correctness, and completeness of the information; 2.3.3 you will promptly update and inform us of any change in such information; 2.3.4 you agree from time to time to sign (or cause to be signed on your behalf) all such documents and to provide all such information as we may consider necessary or desirable in connection with this Agreement; 2.3.5 if you do not provide the information requested by us, or if you provide us with incorrect or incomplete information, we may recommend an investment strategy to you based only on the information you have provided, and you shall be solely responsible for ensuring that the investment strategy is suitable and appropriate for yourself, taking into account your risk profile, investment knowledge, investment experience, investment objectives, financial situation and/or particular needs. Further, we may also elect not to provide or continue to provide you with the Services; 2.3.6 notwithstanding the above, you agree that we may at any time confirm with you that there are no material changes to the information provided to us for the purposes of determining your risk profile, investment knowledge, investment experience, investment objectives, financial situation and/or particular needs; and 2.3.7 if through the Client Profile, we determine that you do not possess the relevant knowledge or experience to deal in the Authorised Investments, we may require you to successfully complete relevant courses as directed by us or take other steps as we may reasonably require before proceeding with opening an Account, entering into Transactions or engaging or continuing to engage the Services. 2.4 You shall be taken to have accepted the terms and conditions of this Agreement upon your first access and use of your Account and/or the Services. 2.5 The Account which we grant to you also belongs exclusively to you and is not transferable to any other person. 2.6 You undertake not to register for more than one individual Account or register an individual Account on behalf of any person other than yourself unless otherwise approved by us. 2.7 Your executor or administrator shall be the only person recognised by us in the event of your death. Upon your death, we are entitled to retain any of your assets by us, and any monies payable to or credit in any Account until such time that a grant of probate or letters of administration are produced by your executor or administrator.