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+Article 38 1. |
Article 38 1.Investment firms which provide advice on corporate finance strategy, as set out in Section B(3) of Annex I, and provide the service of underwriting or placing of financial instruments, shall, before accepting a mandate to manage the offering, have arrangements in place to inform the issuer client of the following:
(a)
the various financing alternatives available with the firm, and an indication of the amount of transaction fees associated with each alternative;
(b)
the timing and the process with regard to the corporate finance advice on pricing of the offer;
(c)
the timing and the process with regard to the corporate finance advice on placing of the offering;
(d)
details of the targeted investors, to whom the firm intends to offer the financial instruments;
(e)
the job titles and departments of the relevant individuals involved in the provision of corporate finance advice on the price and allotment of financial instruments; and
(f)
firm's arrangements to prevent or manage conflicts of interest that may arise where the firm places the relevant financial instruments with its investment clients or with its own proprietary book. 1. Prezentare generală
1.1 Referințe1.2 Cerințe identificate1.3 Standarde asociate2. Cerințe identificate
3. Standarde asociate
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