MiFID document MiFID came into force as of November 1, 2007 in the EU and EEA. Thus please find here the list of execution venues as required under this regulation applicable for our Luxembourg branch clients only.
Luxembourg Law of November 1, 2009 on payment services
The European Directive relating to payment services (“PSD") became into force in Luxembourg on November 1, 2009 and apply to payment services rendered to a customer in a currency IN (as defined hereafter) provided that the other payment service provider is situated in a member state of the European Union, Iceland, Norway or Liechtenstein.
The currencies IN are the followings: EUR, GBP; CHF, NOK, ISK, SEK, CZK, DKK, EEK, HUF, LVL, LTL, PLN, RON, BGN
Services and products are subject to local laws and regulations and may not be offered in each jurisdiction. For example, investment services are not being offered in the United States or to US Persons except via our US licensed business (www.bhiusa.com) and are being offered only to Canadian customers who qualify as "permitted clients" (as that term is defined under Canadian law).