Cube

Terms & Conditions

Important Notice

This website is maintained by CET Capital Limited which is a limited company registered in England. Its registered offices are at Kemp House, 152-160 City Road, London, EC1V 2DW. CET is authorised and regulated by the Financial Conduct Authority no. 446267.

This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.

Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.

This website shall not constitute an underwriting commitment, an offer of financing, an offer to sell, or the solicitation of an offer to buy any securities described herein, which shall be subject to CET internal approvals. No transaction or service related thereto is contemplated without CET subsequent formal agreement.

This website contains indicative summaries of the terms and conditions of the securities/transactions described herein and may be amended, superseded or replaced by subsequent summaries. The final terms and conditions of the transaction and any related security will be set out in full in the applicable transaction confirmation, offering document(s), pricing supplement or binding transaction document(s).

CET does not guarantee the accuracy or completeness of information which is contained in this website and which is stated to have been obtained from or is based upon trade and statistical services or other third party sources. Any data on past performance, modelling, scenario analysis or back-testing contained herein is no indication as to future performance. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any modelling, scenario analysis or back-testing. All opinions and estimates are given as of the date hereof and are subject to change. The value of any investment may fluctuate as a result of market changes. The information in this website is not intended to predict actual results and no assurances are given with respect thereto.

This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.

Parts of this website are being made available in the UK to persons who are investment professionals as defined in Article 19 of the FSMA 2000 {Financial Promotion Order) 2005. Any investments to which the contents of these parts relates to will be entered into only with such persons. Clients should contract and execute transactions through a broker in their home jurisdiction unless local regulations permit otherwise. The materials contained in these parts of website are not for distribution to retail customers.

CET does not provide, and has not provided, any investment advice or recommendation to you in relation to the transaction and/or any related securities described herein. You may not rely on any communication (written or oral) from CET as investment advice or as a recommendation to enter into any transaction. Accordingly CET is under no obligation to, and shall not, determine the suitability for you of the transaction described herein. You must determine, on your own behalf or through independent professional advice, the merits, terms and conditions and risks of the transaction described herein. You must also satisfy yourself that you are capable of assuming, and assume, the risks of any such transaction. CET accepts no liability whatsoever for any losses arising from the use of this website or its content or reliance on the information contained herein, even if CET knew of the possibility of those losses.

Retail Investors

Structured products are “complex instruments” this means that they will only be appropriate for you if you have sufficient knowledge and experience. In order to access the site you need to be able to agree to all of the following statements

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than ***. This includes any Prospectus. *** is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, *** shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes any warranty as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.

Risk Warnings

You should always bear in mind that;

  • You already hold other retail investments like funds, investment trusts or structured products
  • You would consider yourself to be a knowledgeable and informed investor
  • You understand the way that the investment return, the maturity value and any income are calculated by reference to the performance of underlying assets
  • You realize that you are not investing in the underlying assets but instead into a products whose performance is linked to these assets
  • You are prepared to invest into products where your capital is at risk
  • You have sufficient financial resources to be able to accept a loss on investments you make
  • You understand that the investment return and any coupon that you receive from structured products will depend on the performance of the underlying assets, and so you may not receive any investment return or income
  • The return of the capital may also be linked to the performance of the underlying assets. You understand how this is calculated, and appreciate that the amount that you receive back when a product matures may be less than you paid for it
  • The defined value of each product will only be realised if the product is held to the maturity date. You understand that if you sell a product before the maturity date you will not get the defined value, and the amount that you receive may be less than the amount that you invested.
  • You understand that if the issuer is unable to meet their obligations to pay the amount due when the product matures, that you will not receive the defined value and will loose some or all of the money you have invested
  • You understand that there are charges built into structured products.
  • You understand the personal tax implications associated with investing in structured products

United States Persons

The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.

Persons accessing this website in the European Economic Area.

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than CET Capital Limited. This includes any Prospectus. CET Capital Limited is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, CET Capital Limited shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes any warranty as to the accuracy of any information or content on the website. The description of any Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on request and should be read prior to making any investment.

Risk Warnings

Investments of the type described therein may involve a high degree of risk, and the value of such instruments may be highly volatile. Such risks may include, without limitation, risk of adverse or unanticipated market developments, risk of counterparty or issuer default and risk of liquidity. Accordingly you must independently determine, with your own advisors, the appropriateness for you of the securities/transaction before investing or transacting. You should always bear in mind that;

  • The investment performance of any security referred to on this website can be volatile and can go up or down and you can lose your entire investment.
  • Past performance is not an indication of future performance.
  • Rates of exchange may affect the value of investments.
  • Applications to invest in securities referred to on this website must only be made on the basis of the relevant Prospectus.

Cookies

CET Capital Limited may collect data about your computer, including, where available, your IP address, operating system and browser type, for system administration and other similar purposes. These are statistical data about users' browsing actions and patterns, and they do not identify any individual user of the website. This is achieved by the use of cookies. A cookie is a small file of letters and numbers that is put on your computer if you agree to accept it. By clicking 'I agree' below you are consenting to the use of cookies as described here. These cookies allow you to be distinguished from other users of the website, which helps CET Capital Limited provide you with a better experience when you browse the website and also allows the website to be improved from time to time. Please note that you can adjust your browser settings to delete or block cookies, but you may not be able to access parts of our website without them.

In the event that you on-sell any investment described herein, you agree to disclose, to the full extent required by any regulations applicable to such sale, any fees or inducements received by you from CET in connection with such investment. CET, its affiliates and the individuals associated therewith may (in various capacities) have positions or deal in transactions or securities (or related derivatives) identical or similar to those described herein.

NO ACTION HAS BEEN TAKEN OR WILL BE TAKEN THAT WOULD PERMIT A PUBLIC OFFERING OF THE SECURITIES DESCRIBED HEREIN IN ANY JURISDICTION IN WHICH ACTION FOR THAT PURPOSE IS REQUIRED. NO OFFERS, SALES, RESALES OR DELIVERY OF THE SECURITIES DESCRIBED HEREIN OR DISTRIBUTION OF ANY OFFERING MATERIAL RELATING TO SUCH SECURITIES MAY BE MADE IN OR FROM ANY JURISDICTION EXCEPT IN CIRCUMSTANCES WHICH WILL RESULT IN COMPLIANCE WITH ANY APPLICABLE LAWS AND REGULATIONS AND WHICH WILL NOT IMPOSE ANY OBLIGATION ON CET OR ANY OF ITS AFFILIATES. THIS WEBSITE DOES NOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ISSUES RELATED TO AN INVESTMENT IN THE SECURITIES/TRANSACTION. PRIOR TO TRANSACTING, POTENTIAL INVESTORS SHOULD ENSURE THAT THEY FULLY UNDERSTAND THE TERMS OF THE SECURITIES/TRANSACTION AND ANY APPLICABLE RISKS. THIS WEBSITE IS NOT A PROSPECTUS FOR ANY SECURITIES DESCRIBED HEREIN. INVESTORS SHOULD ONLY SUBSCRIBE FOR ANY TRANSFERABLE SECURITIES DESCRIBED HEREIN ON THE BASIS OF INFORMATION IN THE RELEVANT PROSPECTUS (WHICH HAS BEEN OR WILL BE PUBLISHED AND MAY BE OBTAINED FROM CET), AND NOT ON THE BASIS OF ANY INFORMATION PROVIDED HEREIN.

CET Investing is a trading division of CET Capital Ltd, Registered in England No. 04986900. CET Capital Ltd is regulated by the Financial Conduct Authority No. 446267. This website is confidential, and no part of it may be reproduced, distributed or transmitted without the prior written permission of CET.

(1) I HAVE READ UNDERSTOOD AND ACCEPT THIS DISCLAIMER AND

(2) I CONFIRM THAT I AM NOT A RESIDENT OF THE UNITED STATES AND UNDERSTAND (A) THAT THE INFORMATION THAT FOLLOWS IS ONLY BEING OFFERED TO AND IS ONLY INTENDED TO BE AVAILABLE TO PERSONS WHO ARE NOT RESIDENTS OF THE UNITED STATES AND (B) THAT CET AND ITS AFFILIATES WILL RELY ON THE ACCURACY OF THIS INFORMATION

Please read and agree to the following statements

Structured products are “complex instruments” this means that they will only be appropriate for you if you have sufficient knowledge and experience. In order to access the site you need to be able to agree to all of the following statements

  • I already hold other retail investments like funds, investment trusts or structured products
  • I consider myself to be a knowledgeable and informed investor
  • I understand the way that the investment return, the maturity value and any income are calculated by reference to the performance of underlying assets
  • I realize that I am not investing in the underlying assets but instead into a products whose performance is linked to these assets
  • I am prepared to invest into products where my capital is at risk
  • I have sufficient financial resources to be able to accept a loss on investments I make
  • I understand that the investment return and any coupon that I receive from structured products will depend on the performance of the underlying assets, and so I may not receive any investment return or income
  • The return of the capital may also be linked to the performance of the underlying assets.
  • I understand how this is calculated, and appreciate that the amount that you receive back when a product matures may be less than I paid for it
  • The defined value of each product will only be realised if the product is held to the maturity date. I understand that if I sell a product before the maturity date I will not get the defined value, and the amount that I receive may be less than the amount that I invested.
  • I understand that if the issuer is unable to meet their obligations to pay the amount due when the product matures, that I will not receive the defined value and will lose some or all of the money I have invested
  • I understand that there are charges built into structured products.
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Legal And Compliance

Legal And Compliance

Web Terms of Business

1.Operative Conditions

1.1 In this Agreement unless the context otherwise requires:

Account” means an account offered to a Client by a Wrap or Broker through which the Client can purchase and hold Investments offered by the Company

Act” means the Financial Services & Markets Act 2000 as from time to time amended or re-enacted.

Agreement” means these Intermediary Terms of Business.

Anti-Money Laundering Requirements” means all statutory and other requirements relating to money laundering, including the Drug Trafficking Act 1994, the Terrorism Act 2000, the Proceeds of Crime Act 2002, the Money Laundering Regulations 2007 (as amended from time to time), the Guidance Notes for the Financial Sector of the Joint Money Laundering Steering Group (JMLSG) and any applicable FCA Rules or other territory equivalent (Financial Action Task Force included) as amended from time to time.

Apply and Application” mean an instruction by a client or their Intermediary to a Wrap or Broker to buy an Investment offered by the Company

Approve and Approved” means that the Intermediaries within who the Company has an Agreement. The Company endorses and supports the Intermediary to Apply to buy an Investment offered by the Company. The Company will create and update a list of Approved Intermediaries that it will circulate to Wraps and brokers

Authorised Person” means a natural person or legal entity with Part IV permission to carry on investment business.

Broker or Wrap” means a regulated firm through which the Client is able to buy and hold Investments offered by the Company

Client” means any person, Company, business or partnership, on whose behalf the Intermediary is acting, or may be acting.

Commission” means payments due to the Intermediary in respect of deposits or non-advised business.

Company” means CET Capital Ltd. CET Capital Ltd (“CET”) is registered in England (No 04986900), with its registered address at 55 Bryanston Street, London, W1H 7LZ. CET is authorised and regulated by the Financial Conduct Authority no. 446267.

Force majeure event” means an event that is outside Our reasonable control which could not reasonably be predicted or if predicted its consequences are too drastic to plan for in a contract. In these terms it means any:

  • (a) Act of God, fire, earthquake, storm or flood;
  • (b) Explosion, nuclear accident or collision;
  • (c) Sabotage, riot, civil disturbance, insurrection, epidemic, national emergency (whether in fact or law) or act of war (whether declared or not) or terrorism;
  • (d) Requirement or restriction of or failure to act by any government, semi governmental or judicial entity (other than a regulatory change);
  • (e) Unavoidable accident;
  • (f) Loss of supply of essential services including but not limited to electrical power, telecommunications, air conditioning and essential third party services;
  • (g) Any ‘denial of service’ or other targeted network attack; and
  • (h) Any other cause beyond Our reasonable control as a consequence of which We can no longer provide services in respect of Your Account for a given period.

FCA” means the Financial Conduct Authority or any successor regulator in the UK. which regulates Our investment business.

Intermediary” means an authorised and regulated organisation to whom these Terms of Business apply.

Investment” means any investment product offered or provided by the Company from time to time.

On-going adviser charges” means the charge agreed in writing between the Intermediary and their Client for the provision of on-going advice and services.

Product Provider” means the issuer of an Investment offered by the Company

Regulatory Requirements” means all applicable laws, statutes, statutory instruments, orders, regulations and codes of practice which may apply to a person or entity, as appropriate, Including without limitation the requirements, rules and regulations of the Act, the FCA, any designated professional body or those imposed by a relevant territory equivalent.

Services” means information, communications, and other assistance provided by the Company to the Intermediary and Client

System” means the web-site offered y the comany

Terms” means these Intermediary Terms of Business.

We or Us or Our” means CET Capital Limited or any other company to which CET Capital Limited’s rights and obligations under these terms are transferred from time to time.

You or Your” means the person, company or firm named in the Appendix to these terms.

1.2 Any reference in this Agreement to writing or cognate expressions includes a reference to e-mail or facsimile transmission or comparable means of communication.

1.3 Any reference in this Agreement to provisions of a statute or statutory instrument shall be construed as a reference to that provision as amended, re-enacted or extended at the relevant time.

1.4 The headings in this Agreement are for convenience only and shall not affect its interpretation.

2. Scope

2.1 These Terms of Business set out the conditions on which the Company will Approve the Intermediary to transact business with an Intermediary including the operation of Accounts and supersede any previous Terms of Business issued to the Intermediary.

2.2 These Terms of Business are legally binding and (subject to any amendments or special terms which the Company notifies to the Intermediary in writing in accordance with Clause 14) they apply to any dealings in the Company’s Investments, which the Intermediary may carry out

2.3 The Company will not approve any Intermediary who is not, or who has ceased to be, an Authorised Person or an exempt person under the Act or relevant territory equivalent.

2.4 These Terms of Business constitute the entire agreement between the parties relating to the matters and transactions contemplated by them. The Intermediary has not relied upon any representations other than those made by the Company and expressly set out in these Terms of Business.

2.5 The Company reserves the right at its absolute discretion to cease to Approve business proposed by, an Intermediary.

3. Delegation of Services

3.1 By Your acceptance of these terms, You acknowledge and consent to the delegation by Us of certain of Our functions, to third parties. While we have satisfied, and will continue to satisfy, ourselves that such third parties are competent to carry out these delegated functions We will not be liable to You for the acts or omissions of any such third parties who are not part of the CET Capital.

3.2 By Your acceptance of these terms, You acknowledge and consent to the delegation by Us of some or all of the services to such third parties as We may from time to time appoint, and undertake to cooperate fully with all such third parties.

3.3 Your contractual relationship will remain at all times with Us (or such other company as We transfer Our rights and obligations to under clause 16).

4. Agency

4.1 The Intermediary will be the agent of its Clients in relation to all business under these Terms of Business. The Intermediary has no authority whatsoever to bind or to act or hold itself out as the agent or representative of the Company or of any associated company. In particular the Intermediary has no authority to collect or hold Investment monies, subscriptions or contributions on behalf of the Company or to advertise the Company’s products other than in the normal course of its business as an agent of the Client.

5. Procedures

5.1 The Intermediary shall:

  • 5.1.1 at all times comply with all appropriate Regulatory Requirements including, but not limited to, being authorised under the Act for the type of business conducted (either directly, as an appointed representative (within the meaning of section 39 of the Act) or a duly licensed member of a designated professional body), holding the correct scope of permissions, maintaining the required level of skills and knowledge to advise on the products, provision of suitable advice, prevention of money laundering and fraud, anti-bribery and corruption, communication with Clients and treating customers fairly. You will Inform Us Immediately If You breach this clause;
  • 5.1.4 not make any representations to Clients or give any warranties other than those contained in the standard documentation provided by the Company;
  • 5.1.5 co-operate fully with the Company in respect of any complaint or investigation.

5.3 The Intermediary will be responsible for safeguarding user log-in details to the Company’s web based services, ensuring that any new passwords chosen are strong and that individual adviser access rights are maintained. Access can be set up at company level and then for each adviser (with control of adviser access rights at company level). The secure on line access to details of clients’ investments includes valuations at any date and transaction history.

6. Suitability and Appropriateness

6. The Intermediary shall not invite or assist a Client to purchase any Investment unless and until the Intermediary has offered and provided to the Client, all disclosures, warnings and other information required to be provided or offered in accordance with FCA Conduct of Business Rules and any subsequent guidance.

6.2 The Intermediary is fully responsible for assessing the suitability and appropriateness of Investments for Clients, in accordance with the FCA Rules and any subsequent guidance.

7. Compliance

7.1 The Intermediary undertakes to comply with all applicable laws and regulations to which it may be subject in relation to marketing or advising on products and, in particular, it will have regard to the restrictions that may be applicable to such activities in the jurisdiction(s) in which the Intermediary conducts such business. The Intermediary similarly undertakes that it will do nothing which may render the Company in breach of such laws and regulations. The Intermediary further undertakes to procure that all its employees, directors, officers and agents shall comply with these Terms of Business.

7.2 The Intermediary shall ensure that it’s advisers receive the relevant training, have the appropriate knowledge and skills to provide advice to Clients on the products of the Company and hold a current valid Statement of Professional Standing.

7.3 The Intermediary shall comply with the FCA Conduct of Business Rules as applicable to its business in relation to the disclosure to Clients of commission, fees or other remuneration received by it.

7.4 The Intermediary shall comply with the regulatory requirements as applicable to Its business In relation to Adviser charging.

7.5 The Intermediary will not issue any circular, advertisement, leaflet or other promotional materials relating to the Investments without Our approval to do so. With Our sole discretion We may also seek the additional approval of the Product Provider.

7.6 The Company shall not be liable for any loss suffered by a Client as a result of the Intermediary’s failure to provide or delay in providing any documentation or anything else required under these Terms of Business.

8. Prevention of Money Laundering and Fraud

8.1 As required by the Wrap or Broker used by the Intermediary to buy the Investments, the Intermediary undertakes to comply with the Anti-Money Laundering Requirements.

8.2 As required by the Wrap or Broker used by the Intermediary to buy the Investments, the Intermediary undertakes full responsibility for verifying the identity of Clients and the maintenance of records with supporting evidence and methods used to verify identity as required under the Money Laundering Requirements in respect of any transaction with the Company.

8.3 As required by the Wrap or Broker used by the Intermediary to buy the Investments, the Intermediary undertakes, at the time an Application Form for the Account is submitted, to complete and retain a “Confirmation of Verification of Identity Certificate” as detailed in the current JMLSG Guidance Notes.

8.4 As required by the Wrap or Broker used by the Intermediary to buy the Investments, the Intermediary undertakes to provide the Wrap or Broker with such records of verification and other records, as the Wrap or Broker requires.

8.5 In the event of business being placed with a Wrap or Broker from a country/territories whose Anti-Money Laundering legislation is considered to be non-comparable to the requirements placed upon the Company, then the Company reserves the right to:

  • 8.5.1 verify the identity of both the Intermediary and the potential client; and
  • 8.5.2 request enhanced identification documentation in relation to the potential client before Approving any business.

9. Disclosure

9.1 The Intermediary undertakes to notify the Company in writing if:

  • 9.1.1 there are any material changes to its legal constitution;
  • 9.1.2 the principal or any directors or partners are charged with, or convicted of, an offence involving fraud or other dishonesty;
  • 9.1.3 the Intermediary or any principal or director or partner enters into a voluntary arrangement with creditors or commences or has bankruptcy or liquidation proceedings initiated against him/her or has a receiver appointed over his/her assets;
  • 9.1.4 the Intermediary ceases to be an Authorised or exempted Person;
  • 9.1.5 the Intermediary transfers his business and assets to another firm, company or person;
  • 9.1.6 the Intermediary has been suspended from conducting business by the FCA;
  • 9.1.7 there is a change in the Intermediary’s permitted activities, which may affect business conducted under these Terms;
  • 9.1.8 there is a change in any of the relevant details provided on the Intermediary Information and Consent Form.

9.2 The Intermediary undertakes to disclose to the Company immediately any complaint received from a Client, another Intermediary, or any regulatory body relating to any Investment with the Company.

9.3 The Intermediary shall, both before and after termination of this Agreement, keep all information, whether written or oral, relating to CET and its Investments and product structures, confidential and shall not disclose such information to any other person or seek to use it to gain any commercial advantage for themselves or any person or entity, without prior consent from CET. For the avoidance of any doubt this obligation shall not apply to information which;

  • i) is set out in any marketing documents produced by CET;
  • ii) has ceased to be confidential without default on the part of the Intermediary;
  • iii) has been received from a third party who has not received it in confidence.

10. Adviser charges and Commission

10.1 All matters relating to the payment of Adviser charges, Ongoing adviser charges and Commission by the Company to the Intermediary shall be governed by these Terms of Business, as amended from time to time, together with the Regulatory Requirements.

10.2 The Company will act in accordance with the Clients instruction with regard to payment of Adviser charges and Ongoing adviser charges.

10.3 As enabled by the Wrap or Broker used by the Intermediary to buy the Investments, the Adviser charges and On-going adviser charges may be deducted from the Investment monies by the Wrap or Broker if the client has agreed to this in writing with the Intermediary.

10.4 The Company will not pay any Commission to the Intermediary under any circumstance.

10.5 The Intermediary shall disclose to the Client that the Intermediary will receive Commission and the amount of Commission payable, in respect of the Investment, where that is the case, in accordance with the Regulatory Requirements.

10.10 The Company will not enter into any disputes between the Intermediary and the Client relating to Adviser charges or Ongoing adviser charges.

12. Indemnity and Liability

12.1 Both parties will comply at all times with the Regulatory Requirements.

12.2 Both parties agree to co-operate with each other in connection with the application of the Regulatory Requirements.

12.3 We will only be liable to You for losses You suffer to the extent that these arise directly as a result of Our negligence or fraud. We will not be liable to You or have any responsibility for any loss or damage You suffer as a result of any event or circumstance that is not reasonably within Our control.

12.4 We do not guarantee that the System can be accessed at all times or as indicated by Us. The Services may be temporarily unavailable or restricted for administrative or other reasons. If this happens We will endeavour to restore access and availability of the Services as quickly as possible.

12.5 We do not guarantee that the System or the Investments will be available outside the UK, that accessing or using the Services in any jurisdiction outside the UK is compliant with local laws or regulations or that the ISA information and/or the structured product information can be legitimately used or accessed outside the UK. We will not be liable for any loss or damage arising out of or in connection with such use or access, or out of the unavailability of the Services outside the UK.

12.6 We will use reasonable endeavours to ensure that all information provided by Us is accurate, current and complies with relevant UK laws and regulations as at the date of issue. However, We cannot guarantee that this will be the case. We do not accept liability or responsibility for the completeness or accuracy of any information that We do not calculate and/or produce directly. For example, this may be out of Our control where We are reliant on a third party to provide accurate information. Data computations which are not made by Us are not guaranteed by Us and may not be complete or accurate.

12.7 Nothing in these terms will exclude or limit any duty or liability We may have under the regulatory system as defined by the FCA rules.

12.8 Nothing in these terms will exclude or limit any obligation We may have in common law, and in particular for fraud or for misrepresentation as to a fundamental matter.

12.9 Any software that relates to the Services is downloaded at Your own risk. We do not warrant the suitability of any such software that You download and accept no liability for any problems with Your computer that may arise as a result. If You are in any doubt as to the suitability of software to be downloaded, We recommend that You obtain specialist advice before downloading.

12.10 Without prejudice to any other indemnity contained within these Terms of Business, the Intermediary shall indemnify and keep the Company indemnified against all losses, costs, damages, liabilities, charges and claims incurred by the Company directly or indirectly as a result of;

  • 12.1.1 any breach by the Intermediary or any of its employees, directors, officers or agents of any of these Terms of Business or in tort;
  • 12.1.2 any failure by the Intermediary or any agents to comply with the provisions of the Act, the Money Laundering Requirements, the FCA Rules or any other territory equivalent;
  • 12.1.3 any inaccuracy of any information, statement or instruction made or given to the Company by the Intermediary or any of its employees, directors, officers or agents pursuant to these Terms of Business, including without limitation to the forgoing, any incorrect statement about the status of a Client under the Cancellation Rules if applicable.

13. Data Protection

General Provisions

13.1 ‘Personal data’, ‘sensitive personal data’, ‘data processor and ‘data controller’ have the same meaning in this clause as they are given in the Data Protection Act.

13.2 You agree to Us holding personal and financial information about You, Your directors and/or employees on computer and manual systems. The information held by Us may be disclosed by Us only to members of the CET Capital, providers of structured products and to Our agents, service providers and sub-contractors, present and future, who administer or process such information on Our behalf for the purposes of performing Our obligations under this Agreement.

13.3 We will not hold personal data concerning Your Clients

13.4 Both parties undertake to comply with the requirements of the Data Protection Act and all relevant guidelines, in each case to the extent applicable to Our respective roles, and not to knowingly do anything or permit anything to be done to cause a breach of such requirements or guidelines.

13.5 In accordance with the Data Protection Act We may process, transfer and disclose Your personal and/or sensitive personal data, and that of Your directors, employees, Clients and prospective Clients, for the purposes of:

  • 13.5.1 providing the services, managing accounts and complying with instructions;
  • 13.5.2 verifying identity and taking credit decisions;
  • 13.5.3 detecting and preventing fraud;
  • 13.5.4 complying with laws and public duties;
  • 13.5.5 monitoring and/or recording telephone calls and electronic transactions in order to carry out instructions accurately, to assist in improving the services and in the interests of security and crime prevention; and
  • 13.5.6 analysis in order to assess and improve the service provided by the CET Capital;

13.6 We or Our service providers and sub-contractors may transfer or process Your personal and/or sensitive personal data outside the European Economic Area to other countries that may not offer the same level of data protection as the UK. This may involve the transfer of such data by electronic media including the internet. Where such data is transferred outside of the UK, We will ensure that the recipient agrees to keep the data confidential and hold it securely in accordance with the requirements of the Data Protection Act.

13.7 If the relationship between Us and You is terminated in accordance with clause 17, You appoint Us as Your data processor, to delete all sensitive personal data as soon as is reasonably practicable after such termination.

Cookies

13.8 The system uses cookies. A cookie is a piece of information that is saved to the hard drive of Your computer and remembers data about the configuration of Your computer.

13.9 We may use this data to track Your movements through the system to find out how the site is being used and assess its usefulness. Personal information about You is not collected during the tracking process.

13.10 We also use persistent cookies if You have registered for any of Our online services. These cookies allow Us to make the logging-in process easier and more secure. They will also pre-populate Your details should You need to complete one of Our online forms.

13.11 You can disable the cookies that We attach if Your browser supports this. For further information on how to do this, please refer to www.aboutcookies.org. However, You should bear in mind that if You exercise this option, You may be unable to use some of the services.

14. Trademarks

14.1 The Intermediary will not produce, publish or distribute any promotional documentation, pamphlets or other materials, or establish any internet sites, containing or otherwise using any trademarks, logos or other intellectual property of which the Company is the registered proprietor unless it shall first have obtained a written license to do so. Details of the licensing procedure are available from the Company. This clause shall not apply in respect of the distribution to the client of Intermediaries’ material supplied by the Company for this purpose.

15. Anti-Bribery and Corruption

15.1 Both parties undertake that they shall take a zero tolerance approach to bribery and shall observe the highest ethical standards in sourcing or introducing business and supplying or providing services. The parties agree that neither they nor any associated person shall offer, promise or accept any payment or gift to or from any person (directly or indirectly) for the purpose of influencing a decision.

15.2 Both parties undertake that they shall take an open and transparent approach to charging fees and that the amount and nature of any fees they receive, shall be communicated in a way that is fair, clear and not misleading and the parties warrant and represent that they are familiar with and shall comply strictly with all laws and regulations on bribery, corruption and prohibited business practices including but not limited to the Bribery Act 2010.

15.3 If the Intermediary identifies any illegal, corrupt or fraudulent practices or has any grounds to suspect such practices taking place in relation to the performance of this Agreement, then provided it is legally permissible to do so, the Intermediary shall advise the Company of such practice.

16. Variation

16.1 The Company reserves the right to vary the terms of this Agreement from time to time by giving 30 days written notice to the Intermediary, except that the Intermediary must implement any amendment due to comply with Regulatory Requirements with immediate effect.

16.2 No variation shall affect Investments entered into prior to the date of variation.

17. Termination

17.1 Either party may terminate this Agreement by giving 30 days written notice to the other party.

17.2 The Company may terminate this Agreement with immediate effect if the Intermediary;

  • 17.2.1 ceases to be authorised or exempted under the Act or relevant territory equivalent;
  • 17.2.2 ceases to have permissions from the FCA or relevant territory equivalent to carry on the business provided for in these Terms of Business;
  • 17.2.3 dies, is declared bankrupt, goes into liquidation, makes a voluntary arrangement with its creditors or becomes the subject of an administration order or if an encumbrancer is appointed to take possession of the Intermediary’s property or assets;
  • 17.2.4 acts in a manner likely to cause financial or reputational damage to the Company.

17.3 Following termination of this agreement the intermediary will continue to provide any necessary details relating to Clients which the Company may require to comply with the Company’s obligations under any relevant regulatory rules or requirements.

17.4 No compensation shall be payable to the Intermediary upon termination of these Terms of Business.

18. Severability and Waiver

18.1 If any provisions of these Terms of Business shall be held or made invalid by a court decision, statute or rule, or shall be otherwise rendered invalid, the remainder of these Terms of Business shall not be affected. The waiving by the Company of any rights arising out of breach of any term of, or failure to meet any obligation under, these Terms of Business on the part of the Intermediary shall not operate as a waiver in relation to another or continuing breach of the same term or of another or continuing failure to meet the same obligation by the Intermediary or in relation to a breach of any other provision of, or failure to meet any other obligation under, these Terms of Business by the Intermediary.

19. Third Party Rights

19.1 Except where expressly provided within these Terms of Business, these Terms of Business are enforceable by the Company and the Intermediary or their permitted successors or assignees. No other person shall have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce a term of these Terms of Business.

20. Force Majeure

20.1 The performance of Our obligations under these Terms may be Interrupted and will be excused by the occurrence of a force majeure event affecting Us or any of Our sub-contractors.

21. Recording of Telephone Calls

21.1 The Company may record any telephone calls in order to carry out instructions accurately, to assist in improving the services and in the interests of security and crime prevention

22. Governing Law and Jurisdiction

22.1 This Agreement shall be governed by and construed in all respects in accordance with English law and each party submits to the non-exclusive jurisdiction of the courts of England.

Terms and Condition

Important Notice

This website is maintained by CET Capital Limited which is a limited company registered in England. Its registered offices are at 55 Bryanston Street, London, W1H 7LZ. CET is authorised and regulated by the Financial Conduct Authority no. 446267.

This website is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment.

Nothing on this website is advice on the merits of any product or investment, nothing constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment decision. Prospective investors should obtain independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in their jurisdiction.

This website shall not constitute an underwriting commitment, an offer of financing, an offer to sell, or the solicitation of an offer to buy any securities described herein, which shall be subject to CET internal approvals. No transaction or service related thereto is contemplated without CET subsequent formal agreement.

This website contains indicative summaries of the terms and conditions of the securities/transactions described herein and may be amended, superseded or replaced by subsequent summaries. The final terms and conditions of the transaction and any related security will be set out in full in the applicable transaction confirmation, offering document(s), pricing supplement or binding transaction document(s).

CET does not guarantee the accuracy or completeness of information which is contained in this website and which is stated to have been obtained from or is based upon trade and statistical services or other third party sources. Any data on past performance, modelling, scenario analysis or back-testing contained herein is no indication as to future performance. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any modelling, scenario analysis or back-testing. All opinions and estimates are given as of the date hereof and are subject to change. The value of any investment may fluctuate as a result of market changes. The information in this website is not intended to predict actual results and no assurances are given with respect thereto.

This website complies with the regulatory requirements of the United Kingdom. There may be laws in your country of nationality or residence or in the country from which you access this website which restrict the extent to which the website may be made available to you.

Parts of this website are being made available in the UK to persons who are investment professionals as defined in Article 19 of the FSMA 2000 {Financial Promotion Order) 2005. Any investments to which the contents of these parts relates to will be entered into only with such persons. Clients should contract and execute transactions through a broker in their home jurisdiction unless local regulations permit otherwise. The materials contained in these parts of website are not for distribution to retail customers.

CET does not provide, and has not provided, any investment advice or recommendation to you in relation to the transaction and/or any related securities described herein. You may not rely on any communication (written or oral) from CET as investment advice or as a recommendation to enter into any transaction. Accordingly CET is under no obligation to, and shall not, determine the suitability for you of the transaction described herein. You must determine, on your own behalf or through independent professional advice, the merits, terms and conditions and risks of the transaction described herein. You must also satisfy yourself that you are capable of assuming, and assume, the risks of any such transaction. CET accepts no liability whatsoever for any losses arising from the use of this website or its content or reliance on the information contained herein, even if CET knew of the possibility of those losses.

Retail Investors

Structured products are “complex instruments” this means that they will only be appropriate for you if you have sufficient knowledge and experience. In order to access the site you need to be able to agree to all of the following statements

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than ***. This includes any Prospectus. *** is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, *** shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes any warranty as to the accuracy of any information or content on the website. The description of any ETP Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on the website and should be read prior to making any investment.

Risk Warnings

You should always bear in mind that;

  • You already hold other retail investments like funds, investment trusts or structured products
  • You would consider yourself to be a knowledgeable and informed investor
  • You understand the way that the investment return, the maturity value and any income are calculated by reference to the performance of underlying assets
  • You realize that you are not investing in the underlying assets but instead into a products whose performance is linked to these assets
  • You are prepared to invest into products where your capital is at risk
  • You have sufficient financial resources to be able to accept a loss on investments you make
  • You understand that the investment return and any coupon that you receive from structured products will depend on the performance of the underlying assets, and so you may not receive any investment return or income
  • The return of the capital may also be linked to the performance of the underlying assets. You understand how this is calculated, and appreciate that the amount that you receive back when a product matures may be less than you paid for it
  • The defined value of each product will only be realised if the product is held to the maturity date. You understand that if you sell a product before the maturity date you will not get the defined value, and the amount that you receive may be less than the amount that you invested.
  • You understand that if the issuer is unable to meet their obligations to pay the amount due when the product matures, that you will not receive the defined value and will loose some or all of the money you have invested
  • You understand that there are charges built into structured products.
  • You understand the personal tax implications associated with investing in structured products

United States Persons

The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.

Persons accessing this website in the European Economic Area.

Exclusion of Liability

Certain documents made available on the website have been prepared and issued by persons other than CET Capital Limited. This includes any Prospectus. CET Capital Limited is not responsible in any way for the content of any such document. Except in those cases, the information on the website has been given in good faith and every effort has been made to ensure its accuracy. Nevertheless, CET Capital Limited shall not be responsible for loss occasioned as a result of reliance placed on any part of the website and it makes any warranty as to the accuracy of any information or content on the website. The description of any Security referred to in this website is a general one. The terms and conditions applicable to investors will be set out in the Prospectus, available on request and should be read prior to making any investment.

Risk Warnings

Investments of the type described therein may involve a high degree of risk, and the value of such instruments may be highly volatile. Such risks may include, without limitation, risk of adverse or unanticipated market developments, risk of counterparty or issuer default and risk of liquidity. Accordingly you must independently determine, with your own advisors, the appropriateness for you of the securities/transaction before investing or transacting. You should always bear in mind that;

  • The investment performance of any security referred to on this website can be volatile and can go up or down and you can lose your entire investment.
  • Past performance is not an indication of future performance.
  • Rates of exchange may affect the value of investments.
  • Applications to invest in securities referred to on this website must only be made on the basis of the relevant Prospectus.

Cookies

CET Capital Limited may collect data about your computer, including, where available, your IP address, operating system and browser type, for system administration and other similar purposes. These are statistical data about users' browsing actions and patterns, and they do not identify any individual user of the website. This is achieved by the use of cookies. A cookie is a small file of letters and numbers that is put on your computer if you agree to accept it. By clicking 'I agree' below you are consenting to the use of cookies as described here. These cookies allow you to be distinguished from other users of the website, which helps CET Capital Limited provide you with a better experience when you browse the website and also allows the website to be improved from time to time. Please note that you can adjust your browser settings to delete or block cookies, but you may not be able to access parts of our website without them.

In the event that you on-sell any investment described herein, you agree to disclose, to the full extent required by any regulations applicable to such sale, any fees or inducements received by you from CET in connection with such investment. CET, its affiliates and the individuals associated therewith may (in various capacities) have positions or deal in transactions or securities (or related derivatives) identical or similar to those described herein.

NO ACTION HAS BEEN TAKEN OR WILL BE TAKEN THAT WOULD PERMIT A PUBLIC OFFERING OF THE SECURITIES DESCRIBED HEREIN IN ANY JURISDICTION IN WHICH ACTION FOR THAT PURPOSE IS REQUIRED. NO OFFERS, SALES, RESALES OR DELIVERY OF THE SECURITIES DESCRIBED HEREIN OR DISTRIBUTION OF ANY OFFERING MATERIAL RELATING TO SUCH SECURITIES MAY BE MADE IN OR FROM ANY JURISDICTION EXCEPT IN CIRCUMSTANCES WHICH WILL RESULT IN COMPLIANCE WITH ANY APPLICABLE LAWS AND REGULATIONS AND WHICH WILL NOT IMPOSE ANY OBLIGATION ON CET OR ANY OF ITS AFFILIATES. THIS WEBSITE DOES NOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ISSUES RELATED TO AN INVESTMENT IN THE SECURITIES/TRANSACTION. PRIOR TO TRANSACTING, POTENTIAL INVESTORS SHOULD ENSURE THAT THEY FULLY UNDERSTAND THE TERMS OF THE SECURITIES/TRANSACTION AND ANY APPLICABLE RISKS. THIS WEBSITE IS NOT A PROSPECTUS FOR ANY SECURITIES DESCRIBED HEREIN. INVESTORS SHOULD ONLY SUBSCRIBE FOR ANY TRANSFERABLE SECURITIES DESCRIBED HEREIN ON THE BASIS OF INFORMATION IN THE RELEVANT PROSPECTUS (WHICH HAS BEEN OR WILL BE PUBLISHED AND MAY BE OBTAINED FROM CET), AND NOT ON THE BASIS OF ANY INFORMATION PROVIDED HEREIN.

CET Investing is a trading division of CET Capital Ltd, Registered in England No. 04986900. CET Capital Ltd is regulated by the Financial Conduct Authority No. 446267. This website is confidential, and no part of it may be reproduced, distributed or transmitted without the prior written permission of CET.

(1) I HAVE READ UNDERSTOOD AND ACCEPT THIS DISCLAIMER AND

(2) I CONFIRM THAT I AM NOT A RESIDENT OF THE UNITED STATES AND UNDERSTAND (A) THAT THE INFORMATION THAT FOLLOWS IS ONLY BEING OFFERED TO AND IS ONLY INTENDED TO BE AVAILABLE TO PERSONS WHO ARE NOT RESIDENTS OF THE UNITED STATES AND (B) THAT CET AND ITS AFFILIATES WILL RELY ON THE ACCURACY OF THIS INFORMATION