ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?a

c/ Mar¨ªa de Molina, 4

28006 ¨C Madrid

Espa?a

This website provides information about required regulatory disclosures for non-monetary benefits received from and provided to third parties by ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?ain relation to investment and ancillary services, such as Advisory, Discretionary, Custody and Execution-Only Services. Third parties in this context include, amongst others, external product providers as well as external financial intermediaries. Starting January 2018, non-monetary benefits concerning ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?awill be tracked and disclosed on this website according to regulatory requirements. These non-monetary benefits generally enhance the service quality for the client and do not impair ÃÛ¶¹ÊÓƵ' duty to act in the best interest of the client.

Minor non-monetary benefits

Minor non-monetary benefits which ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?a receives or provides can be described as:

  • Written material commissioned by corporate issuers to promote new issuances;
  • Generic documentation relating to financial instruments;
  • Seminars, trainings and educational events on financial instruments or investment services offered to clients;
  • Hospitality below a certain de minimis value during seminars, trainings and educational events;
  • Software and tools which mainly benefit the provider, such as trading tools and accounting interfaces provided to financial intermediaries by ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?a

Concerning discretionary services provided to clients domiciled in Spain, these minor non-monetary benefits are the only benefits ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?amay accept and retain.

Non-minor non-monetary benefits

Non-minor non-monetary benefits which ÃÛ¶¹ÊÓƵ Europe SE, Sucursal en Espa?a receives or provides can be described as:

  • Seminars, trainings and educational events on financial instruments or investment services offered to clients which are not proportionate;
  • Software and tools which mainly benefit the recipient.

A detailed overview of occurring non-minor non-monetary benefits will periodically be published on this website.

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