{"id":472,"date":"2023-02-14T21:38:22","date_gmt":"2023-02-14T21:38:22","guid":{"rendered":"https:\/\/www.imvalores.com\/categorizacion-bajo-mifid\/"},"modified":"2023-03-09T09:04:16","modified_gmt":"2023-03-09T09:04:16","slug":"categorisation-under-mifid","status":"publish","type":"page","link":"https:\/\/imvalores.com\/en\/important-information\/categorisation-under-mifid\/","title":{"rendered":"Categorisation under MIFID criteria"},"content":{"rendered":"<p>With the transposition of MiFID to Spanish legislation (articles 78 bis and 78 ter of the Securities Market Act; article 61 of Royal Decree 217\/2008), investment services companies resident in Spanish territory are obliged to categorise their clients as retail or professional.<\/p>\n<ul>\n<li><strong>Retail client:<\/strong>all clients not falling into the professional category (article 78 bis of the Securities Market Act). They are entitled to maximum protection levels.<\/li>\n<li><strong>Professional client:<\/strong>those assumed to have the experience, knowledge and qualifications necessary to make their own investment decisions and properly assess their risks, without prejudice to their being able to request non-professional treatment and investment services companies being able to afford them a broader degree of coverage (article 78 bis of the Securities Market Act).<\/li>\n<\/ul>\n<p>However, among the clients classified as professionals, investment services companies may classify certain entities as an\u00a0<strong>eligible<\/strong>\u00a0counterparty, notwithstanding these entities entitlement to request, either generally or for each operation, treatment as clients (article 78 ter of the Securities Market Act).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the transposition of MiFID to Spanish legislation (articles 78 bis and 78 ter of the Securities Market Act; article 61 of Royal Decree 217\/2008), investment services companies resident in Spanish territory are obliged to categorise their clients as retail or professional. Retail client:all clients not falling into the professional category (article 78 bis of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":474,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-legal.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-472","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/pages\/472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":1,"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/pages\/472\/revisions"}],"predecessor-version":[{"id":489,"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/pages\/472\/revisions\/489"}],"up":[{"embeddable":true,"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/pages\/474"}],"wp:attachment":[{"href":"https:\/\/imvalores.com\/en\/wp-json\/wp\/v2\/media?parent=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}