+Guideline 8: Information for distributors
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Guideline 8: Information for distributors
8.1 Where relevant, the manufacturer should provide the distributor with a description of the main characteristics of the product; its risks and any limitations; and the total price of the product (as known, or reasonably expected to be known by the manufacturer) to be borne by the consumer, including all related fees, charges, and expenses. 8.2 The information and details of the products to be provided to distributors should be of an adequate standard, clear, precise and up to date. 8.3 The manufacturer should ensure that the information given to the distributor includes all relevant details to enable them: - a) to understand and place the product properly on the market, and
- b) to recognise the target market for which the product is designed (see Guideline 3.1), and also to recognise market segments whose objectives, interests and characteristics are considered likely not to be met (see Guideline 3.5) .
1. Oversigt
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- c) where applicable, namely for product with ESG features, to ensure that sustain-ability related communication is fair, clear, and not misleading, and that sus-tainability claims are accurate, substantiated, up to date, provide a fair repre-sentation of the institution’s overall profile or the profile of the product, and are presented in an understandable manner, as also set out in the greenwash-ing-risk related requirements in the EBA Guidelines on the management of ESG risks
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1.1 Referencer
1.2 Identificerede krav
1.3 Relaterede standarder
2. Identificerede krav
3. Relaterede standarder
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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