日本語

The clients are classified as either “Professional Investors” or “General Investors” under the Financial Instruments and Exchange Law (the “FIEL”).

From the perspectives of investor protection, General Investors are protected by regulations (the “Financial Instruments Business Regulations”) imposed on financial instruments firms, etc. (the “Financial Instruments Firms”). In contrast, in the interest of facilitating smooth transactions, Professional Investors are excluded from application of certain Financial Instruments Business Regulations (i.e., regulations aimed at correcting the information disparity between Financial Instruments Firms and investors, and other regulations) on the grounds that, given their knowledge, experience and property conditions, they are deemed to be capable of properly managing risks associated with financial transactions.

Classification of investors as Professional Investors or General Investors is as described in the table below. Professional Investors with certain criteria are allowed, by their choice, to be reclassified as General Investors. (In other words, they would be able to enjoy the same protection by Financial Instruments Business Regulations as General Investors do.) At the same time, General Investors with certain criteria are allowed, by their choice, to be reclassified as Professional Investors.

Reclassification from a Professional Investor to a General Investor pursuant to Article 34-2 of FIEL, would be effective from the date when the Branch accepts the reclassification request until when the customer requests to be reclassified as a Professional Investor.

Reclassification from a General Investor to a Professional Investor pursuant to Article 34-3 of FIEL would be effective from the date when the Branch accepts the reclassification until the next Cutoff Date (September 30 every year). If a customer desires to remain reclassified as a Professional Investor beyond the Cutoff Date, the customer is required to submit the renewal request to the Branch prior to the Cutoff Date. If the necessary procedures for reclassification are completed by the Cutoff Date, the reclassification is extended for one year. On the other hand, the customer can be reclassified as a General Investor at any time by the necessary procedure.
Cutoff Date: September 30th, each year

Products and services of our Group companies may incur commissions and/or other fees or only price of product.

The value of products and services might go down as well as up and may incur the risk of losses due to fluctuation of economic environment, level of interest rate or foreign exchange, bond and stock markets, credit situation, country risk or other various factors. Since each product or service incurs its own fees and risks, investors are required to read carefully the document provided before execution, prospectus, and/or other marketing materials of each product before making an investment decision.

Outline of company
Name:                                     Crédit Agricole Securities Asia B.V., Tokyo Branch
Financial Instrument Dealer:  Kanto Financial Bureau (Kinsho) Registration Number 214
Memberships:                        Japan Securities Dealers Association
                                               Type II Financial Instruments Firms Association
                                               The Financial Futures Association of Japan