Form 13 - Risk Disclosure Statement Required to be Furnished and Kept by the Holder of a Capital Markets Services Licence to Trade in Capital Markets Products in respect of Futures and Certain OTC Derivatives Contracts
Risk disclosure statement to be provided by capital markets services licensees, banks, merchant banks and finance companies to retail customers when opening trading accounts to trade in:(i) Futures contracts;
(ii) Over-the-counter derivatives contracts of which the underlying is a currency or currency index; and
(iii) Spot foreign exchange contracts for the purposes of leveraged foreign exchange trading.
Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.
Guidelines for financial institutions on conducting marketing and distribution activities at retailers and public places targeting retailers.