Epstein Secrets

urities. Prohibition of Sales to EEA Retail Investors The securities may not be offered, sold or otherwise made available to any retail investor in the European Economic Area. For the purposes of this provision: (a) the expression "retail investor" means a person who is one (or more) of the following: (i) a retail clien

thin the meaning of Directive 2002/92/EC, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (ii) not a qualified investor as defined in Directive 2003/71/EC; and (b) the expression "offer" includes the communication in any form and by

ot intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1)

d, the Insurance Mediation Directive" ), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the

This vote and the withdrawal process could cause an extended period of uncertainty and market volatility, not just in the UK but throughout the EU, the European Economic Area and globally. It is not possible to ascertain the precise impact these events may have on the Fund or II-47 CONFIDENTIAL UBSTERRAMAR00004050 EFT

FID 11") set out new rules applicable to investment activities and investment services carried on in the European Union ("EU"). Among other things, MiFID II mandated broader post-trade transparency in the EU, and extended the market-facing and regulatory reporting requirements on all financial instrumen