Regulatory AlertsGuidelines for providing brokerage services on the OTC derivatives market
The Polish Financial Supervision Authority issued these guidelines to standardize the conduct of investment firms and banks providing brokerage services for over-the-counter derivatives to retail clients. The document mandates strict adherence to client best interests, requiring firms to implement robust procedures for client acquisition, advertising, suitability assessments, and risk disclosure. These standards aim to mitigate the high risks associated with leveraged financial instruments and ensure enhanced protection for retail investors by clarifying legal obligations under Polish and EU regulations.
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