On 19 February 2014, RBS announced that it had reached agreement with BNP Paribas for the sale of certain assets and liabilities related to its structured retail investor products & equity derivatives businesses, as well as associated market making activities (the "Proposed Transaction"), subject to competition approval.
Such approval has been obtained on 9 April 2014 and as a result, BNP Paribas and RBS are now implementing the Proposed Transaction. BNP Paribas has taken over the market-making activities for most of RBS structured retail products in 2014. BNP Paribas will therefore be the point of contact for support and information for all such products, including some structured retail products that remain at RBS.
Your can find information about your product on this BNP Paribas website or contact the Secondary Market Sales Desk at BNP Paribas (email: firstname.lastname@example.org; phone: +44 207 595 8704).
This web page (https://products-globalmarkets.bnpparibas.com) and any related pages thereto (or any successor page(s)) (the "Site") is not directed at any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the Site is prohibited. Persons in respect of whom such prohibitions apply must not access the Site. Without limiting any of the foregoing, this Site is not available to US residents or persons. By accessing this Site, you confirm that you are not a US resident or person.
Access to this Site is not intended for any Retail Client, as defined in the European Union Markets in Financial Instruments Directive (2004/39/EC) ("MiFiD") and is accordingly restricted to persons who are (a) Eligible Counterparties or Professional Customers as defined in MiFiD and (b) where relevant, persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Those persons who are not Eligible Counterparties or Professional Customers or who do not have professional experience in matters relating to investments should not access the Site. By accessing the Site, you represent and warrant that you are an Eligible Counterparty or Professional Customer or, where relevant, have professional experience.
The information and material on this Site shall not be reproduced in any form whatsoever for distribution purposes. BNP Paribas (together with its affiliates, "BNP Paribas") does not accept any liability or responsibility whatsoever for information and material made available to individuals or entities which provide false certification regarding their country of legal residence/location.
BNP Paribas has used reasonable efforts to ensure that information and material published or held on the Site is compiled from sources that BNP Paribas believes to be reliable and accurate; however, BNP Paribas does not represent or warrant (whether expressly or implicitly) that such information or material is accurate, up-to-date, adequate, complete or suitable and such information or material may be subject to change without notice. BNP Paribas is under no obligation to revise, correct, update or keep current the information or material on this Site. Further, BNP Paribas undertakes no obligation and assumes no responsibility or liability (whether express or implied) to any person concerning the information or materials contained on the Site or provided by third parties and accessible on or through the Site, except as required by mandatory provision of law which may not be excluded, and hereby excludes all liability for loss or damage (including, without limitation, direct, indirect, foreseeable, punitive, special or consequential loss or damage and including loss of profit and even if advised of the possibility of such damages or if such damages were foreseeable) that may be incurred or suffered by any person in connection with the use of the Site and any information or material available on it, including (without limitation) for the consequences of reliance upon any opinion or statement contained therein or any error or omission whether negligent or not, except to the extent such liability may not be excluded or limited by law or regulation; any information provided being corrupted, wrong or inaccurate; and any distributed denial-of-service attack, viruses or other technologically harmful material that may infect your computer equipment due to your use of the Site.
Information and material on the Site is of a general nature and cannot take into account an investor's financial circumstances or investment objectives. Accordingly, nothing on the Site may be construed as a personal recommendation or as investment or other professional advice.
Information and material contained on the Site is for general information only and is not intended to provide the sole basis for any evaluation of any securities, transaction or investment discussed therein. BNP Paribas provides no advice with respect to the use of the Site, including (without limitation) regarding the effecting of transactions, any legal, tax, accounting, regulatory or financial advice or advice regarding the suitability of a security, investment or transaction. You should exercise your own independent judgment and where you deem appropriate seek independent advice before making a decision on the suitability of any transaction for your own investment strategy and objectives. In assessing the merits and suitability of any transaction you should give consideration to, amongst other things and without limitation, the legal, tax, accounting, regulatory, financial and other related aspects thereof. In particular, you should carefully review, and give consideration to, any risk warning included in, attached or linked to pages contained within the Site.
Any transaction pricing available on the Site should be regarded as indicative, preliminary and subject to change unless the contrary is expressly indicated on the Site. Nothing contained on the Site is intended as, or constitutes, an offer to buy or sell any security or to enter into any transaction which can be accepted by you so as to create contractual obligations on the part of BNP Paribas without further action by BNP Paribas. In addition, BNP Paribas reserves the right not to enter into any transaction, in its sole discretion.
BNP Paribas provides access to the Site on the assumption and condition that each person contemplating accessing this Site, including the information and material on it, has the requisite knowledge and experience to assess the characteristics and risks associated with such information and material (including, without limitation, that relates to the financial instruments described on this Site). Subject to any confidentiality restrictions, BNP Paribas may, where available, provide any additional information, reasonably requested by an investor, in connection with financial instruments described on this Site. The investor requesting such additional information may be required to enter into confidentiality arrangements with BNP Paribas in order to access any such information. In no circumstances shall BNP Paribas be obliged to disclose to any person any information which it has received on a confidential basis or the existence thereof. BNP Paribas may (or may in the future) be long or short, or may have a financial interest in, any securities, loans or any other underlying product, asset or exposure described on the Site. It is also understood that, unless otherwise agreed in writing with BNP Paribas, no information provided by BNP Paribas related to any financial instruments described on this Site shall be considered investment advice or as a recommendation to enter into, remain a party to, amend (or forebear from amending) the terms of, or to terminate, a transaction. Although disclosure materials or analyses provided to you have been prepared based on information BNP Paribas believes to be accurate, BNP Paribas does not guarantee the accuracy, completeness or reasonableness of any such disclosures or analyses. No representation or warranty is made that any indicative performance will be achieved in the future. Past performance is not indicative of future results. To the extent that any information or analyses are based on information from public sources such information may not have been independently verified by BNP Paribas and is subject to change from time to time. BNP Paribas will not assume any responsibility for the financial consequences of an investor entering into or taking (or forbearing from taking) any action in respect of any transaction.
BNP Paribas does not guarantee, represent or warrant (whether expressly or implicitly) that the Site, or any content on it, will always be available or be uninterrupted or error free. BNP Paribas reserves the right, in its sole discretion and without prior notice or warning, to suspend and/ or block access to the Site and/ or to change any part of the Site. BNP Paribas may also impose limits on certain services, information, features or functions or restrict access to parts of the Site without notice or liability.
You must not use the Site in any way that breaches any applicable laws or regulations; that is fraudulent or deceptive; or intentionally causes harm to BNP Paribas or any third party.
All trademarks, information, data and other intellectual property used on the Site are the property of BNP Paribas or its licensors.
The terms of this disclaimer shall not be amended except as agreed in writing by BNP Paribas, and shall apply notwithstanding any provision to the contrary (such as a "single agreement" clause) in any contractual documentation governing a transaction, unless specifically referencing this disclaimer.
By clicking the "I Accept" button, you agree to be bound by the foregoing limitations.
© BNP Paribas 2014. All rights reserved.