Provides guidance on the preparation of a Risk Fact Sheet for contracts for differences.
Notice SFA 04-N15 on Risk Fact Sheet for Contracts for Differences
Sets out the requirements to provide a Risk Fact Sheet to and obtain acknowledgement from customers prior to the opening of a customer account to trade in contracts for differences.
This notice applies to
- capital markets services (CMS) licensees, and
- banks, merchant banks, finance companies and insurers
which conduct the regulated activity of dealing in capital markets products with respect to contracts for differences for, by arrangement with, or on behalf of, a customer.
There are no amendment notes for this notice.