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Rules governing brokerage services - valid from 08.05.2019

News - April 23, 2019

Dear Customer,

We would like to inform you that version No 2 of the Rules Governing Brokerage Services (Rules), which constitutes an integral part of the Brokerage Services Agreement, will become effective from 8 May 2019.

The abovementioned version No 2 will be applicable to all transactions concluded between the Client and the Bank within the scope of brokerage services (including transactions already concluded) with effect from 8 May 2019. Bank amends the Rules under the arrangement envisaged by version No 1 of the Rules. The arrangement means that Bank may amend the Rules unilaterally and at its sole discretion. Bank notifies its clients of the amendments prior to the date upon which the amendments take effect. Bank’s clients will be able to read the text of the amendments / or the revised Rules at Bank’s premises and Bank’s website www.bib.eu. Alternatively, Bank can deliver the revisions to Client over the means of communications as specified in the Application for brokerage services.

Bank amends the Rules from time to time to bring them in line with the legislative updates that have occurred in the Republic of Latvia.

Version No 2 of the Rules will be available for viewing at Bank's premises and will be posted to Bank’s website www.bib.eu (section “Documents for transactions in financial instruments”) on 23 April 2019.

If you need any further clarification, please contact your private banker.

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