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Version date: 18 February 2020 - onwards

Question 5 Client initiative [Last update: 18 February 2020]

44a of BRRD 2

What happens if a transaction relating to subordinated eligible liabilities is deemed unsuitable by the firm, but the retail client wishes to proceed anyway?

Answer 5

In accordance with Article 44a(1)(b) of BRRD 2, the client is not allowed to proceed with the transaction.

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