MiFID II PRESENTATION DOCUMENT BRD - GROUPE SOCIETE GENERALE S.A. Version 03, applicable as of 11.12.2018 Any updating of the Presentation Document will be made available to the clients by displaying on the website, at https://www.brd.ro/mifid-ii and upon the client’s request by sending it to an e-mail address or to the Bank's units. Table of Contents 1. MiFID II Presentation .................................................................................................................... 3 2. General information and contact details in relation with BRD - Groupe Societe Generale S.A. 4 3. Services that BRD - Groupe Societe Generale S.A. may offer to Clients ................................... 6 3.1 Investment services and activities : .......................................................................................... 6 3.2 Ancillary services: ................................................................................................................... 6 4. Classification of Clients in Accordance with MiFID II ................................................................. 7 5. Target Market .............................................................................................................................. 11 6. Appropriateness ......................................................................................................................... 11 7. Safeguarding Clients’ Assets. Investor Compensation Fund .................................................. 12 7.1 Safeguarding clients’ assets ................................................................................................. 12 7.2 Investor Compensation Fund ................................................................................................ 12 8. Providing Information and Reporting Obligations to Clients ................................................... 13 8.1 Information and Communication to Pre-Trading Clients ......................................................... 13 8.2 Communications and Reports to Post-Trading Clients ........................................................... 14 8.3 Recording the conversations based on Client's consent and keeping records ........................ 14 9. Financial Instruments and Risks Associated with Investments in Financial Instruments ...... 15 9.1 Financial instruments ............................................................................................................ 15 9.2 Risks associated with investments in financial instruments .................................................... 17 10. The non-existence of the right to terminate unilaterally for transactions with distressed financial instruments ......................................................................................................................... 18 11. Conflict of Interest and Inducement ...................................................................................... 19 11.1 Conflict of interest ................................................................................................................. 19 Page 1 BRD-Groupe Société Générale S.A. SHARE CAPITAL IN RON: 696,901,518 lei; BRD Tower T.R. J40/608/19.02.1991; RB - PJR - 40 - 007 /18.02.1999; 1-7 Ion Mihalache Bvd., S.R.C./F.I.C. RO361579 011171 Bucharest, România Processing registered in the personal data processing registry Phone: +4021.301.61.00 under. no. 1788. Fax:+4021.301.66.36 NSC Certificate. 255/06.08.2008, registered in the NSC public http://www.brd.ro registry under no. PJR01INCR/400008
11.2 Inducement........................................................................................................................... 20 12. Costs and Charges ................................................................................................................. 20 12.1 Costs and charges for Retail Clients ..................................................................................... 20 12.2 Costs and charges for professional clients and eligible counterparties ................................... 21 12.3 General information on costs and charges ............................................................................ 21 13. Research ................................................................................................................................. 21 14. PRIIP (Individually structured and insurance-based investment products) ........................ 22 14.1 Information on PRIIP ............................................................................................................ 22 14.2 Key Information Document (KID) .......................................................................................... 22 15. LEI Code ................................................................................................................................. 23 16. Publication and Reporting of Transactions with Financial Instruments .............................. 24 17. Direct Electronic Access (DEA) ............................................................................................. 25 18. Consent ................................................................................................................................... 25 Page 2 BRD-Groupe Société Générale S.A. SHARE CAPITAL IN RON: 696,901,518 lei; BRD Tower T.R. J40/608/19.02.1991; RB - PJR - 40 - 007 /18.02.1999; 1-7 Ion Mihalache Bvd., S.R.C./F.I.C. RO361579 011171 Bucharest, România Processing registered in the personal data processing registry Phone: +4021.301.61.00 under. no. 1788. Fax:+4021.301.66.36 NSC Certificate. 255/06.08.2008, registered in the NSC public http://www.brd.ro registry under no. PJR01INCR/400008
1. MiFID II Presentation MiFID II (Markets in Financial Instruments Directive) - Directive 2014/65 / EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (known as MiFID II) together with Regulation (EU) 600/2014 (MiFIR) replaces Directive 2004/39 / EC (MiFID I) and represents the upgrading of the harmonized legal framework governing the requirements applicable to investment firms, regulated markets, data reporting service providers and third country firms which provides investment services or carries out investment activities in the Union. MiFID II Directive applies to investment firms (credit institutions, financial investment services companies, investment management companies, etc.), market operators, data reporting service providers and third country companies providing investment services or invest in the Union. The purpose of MiFID II is to improve the competitiveness of EU financial markets and ensure a high level of harmonized protection for investors with financial instruments such as shares, bonds, fund units, derivative financial instruments and various structured products, obtaining a greater degree of transparency of pre-bidding and post-trading that will apply to all trading venues and over-the-counter (OTC) markets. Client classification is a key element of MiFID II. Clients are informed about their category, along with the associated level of protection (in decreasing order of protection): - Retail Clients - Professional Clients - Eligible counterparties The classification of clients in one of the MiFID II categories is made either at the time of initiating the business relationship with the Bank or at the time of accessing a product or service that is subject to MiFID II regulations. Details on each category of MiFID II clients are found in Chapter 4 of the presentation document. Page 3 BRD-Groupe Société Générale S.A. SHARE CAPITAL IN RON: 696,901,518 lei; BRD Tower T.R. J40/608/19.02.1991; RB - PJR - 40 - 007 /18.02.1999; 1-7 Ion Mihalache Bvd., S.R.C./F.I.C. RO361579 011171 Bucharest, România Processing registered in the personal data processing registry Phone: +4021.301.61.00 under. no. 1788. Fax:+4021.301.66.36 NSC Certificate. 255/06.08.2008, registered in the NSC public http://www.brd.ro registry under no. PJR01INCR/400008
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