Remy Investments is referred to as 'the company':
It is essential that you read and understand these Terms & Conditions prior to applying for our services. Your use of our services will confirm your acceptance of these Terms & Conditions. These Terms & Conditions will be governed by and construed in accordance with English law.
Documentation
All investments will be registered in the client's name, unless otherwise agreed in writing. Contract notes in respect of investments will be forwarded to the client within three business days of the transaction. The company will hold title documents at all times in our secure facilities. Appropriate entries will be made in the register maintained in accordance with UK Financial Conduct Authority (FCA) rules.
The company will not accept liability for default by a third party who is the nominal holder of clients' registered investments, or has in their possession client cash, title documents, or certificates evidencing title to any investment.
Service Provision
Services will be provided on an execution-only basis, unless the company has personally advised a client to deal as a result of an assessment of their personal circumstances. Once investments or arrangements are in place, the company shall not provide further advice unless requested to do so.
The company or its client may terminate authority to act for a client by providing notice of termination in writing. This shall be without prejudice to any transaction already in progress.
Due Care and Diligence
The company will exercise due care and diligence in conducting their business but will not be liable for any depreciation of investments arranged by them.
Right to Amend
We reserve the right to amend these terms and will give you 30 days’ notice in advance before making material changes.
Data Protection
The company ensures that all data will be held in compliance with the UK General Data Protection Regulation (UK GDPR) and Data Protection Act 2018. You consent to us releasing information about you to regulated entities to obtain quotations or arrange investments or insurance at your request.
The company will maintain records of data held on clients for a period of 6 years from the date of their last transaction. For your security and training purposes, telephone calls may be recorded and may be used as evidence in the event of any dispute with the company.
Delay in Processing
The company will not be held responsible for any delay beyond its control, or as a result of a failure by any party (including the client) to complete all the necessary steps to process a transaction.
Anti-Money Laundering
The company reserves the right to approach a third party to verify the identity of a client, or any other person providing funds on behalf of an investment made in the client's name. Where further information is required to verify identity, the company reserves the right to delay applications or withhold settlement until sufficient identification has been provided, in compliance with UK anti-money laundering regulations.
Order Handling Policy
When you ask us to buy or sell investments, we will abide by our strict order handling policy, which sets out our approach to obtaining the best results for our clients. We consider factors including price, costs, speed, likelihood of execution and settlement, size of the deal, nature of the order, and other relevant considerations. The most important factor is price, as we believe this is our clients' key consideration.
If you provide specific instructions regarding how you wish us to place your deal, we may not achieve the best possible results. We deal through the London Stock Exchange and other UK-regulated markets, as well as selected Retail Service Providers and Market Makers. Occasionally, we may need to place your deal outside a regulated market (e.g., for overseas shares), and by agreeing to these terms, you consent to this.
General Settlement
The settlement date for all transactions is shown clearly on the contract note and cannot be changed once the deal is completed. Standard settlement on the London Stock Exchange is 'T+2' (settlement due 2 business days after the trade date), but we may extend the settlement period to a maximum 'T+5' (settlement due 5 business days after the trade date).
We will not be held responsible for any delay in the settlement of a transaction resulting from circumstances beyond our control, or the failure of any party (including you) to complete all necessary steps to enable settlement on the settlement date. When dealing on any settlement date greater than 'T+2', the price obtained for shares traded may be less favorable than for 'T+2' settlement. Deals for extended settlement beyond 'T+5' cannot generally be accommodated.
Commission
The company shall be entitled to deduct a commission of 3 per cent of the profit made on the trade once your position has been liquidated and your funds have been returned to you, as outlined in this agreement (if applicable).
Payments
All payments are sent directly to the clearing agent. Clearing agents may differ for each investment.
Amount and Payment of Purchase Price
The total consideration and method of payment are fully set out in the Purchase Agreement attached hereto and made a part hereof.