The terms and conditions of Investment Services and service fees will be updated. The updated terms and service fees will enter into force on February 1, 2025. The terms and conditions of investment services can be found at: evli.com/en/client-information and service fees at evli.com/en/service-fees at the latest on December 31, 2024.
The change does not require any action from clients.
The changes in the service fees have no impact on the fees of asset management portfolios, which are agreed upon in a separate service-specific agreement.
Updates to the service fees apply to, but are not limited to, the following services:
- Book-entry credit transfer and settlement transfer
- Transfer of custody of third party funds
- Services related to pledge and price of pledge
- Adjustments to purchase prices of securities
- Recording a trade with another broker
In addition, new service fees will be added to the service fees
- Unreachable client’s money transfers and portfolio closure
- Processing of estate documents and distribution of ownership
- Registration of the right to vote
- Currency exchange and foreign exchange trading commission in self-managed portfolio
Key updates to the terms and conditions of Investment Services
Updates to the terms and conditions of Investment Services are technical or otherwise minor revisions. Key updates include:
- Point 1.3.3. Client information
A Client who is a legal person shall provide Evli’s data protection notice to those persons whose data will be disclosed to Evli.
- Point 1.3.4. Confidentiality
The Client’s data may also be disclosed to another service provider, for example for client identification or to provide a service or product and to carry out a service transaction.
- Point 1.3.10. Right of retention
If the Client has received an incorrect or unjustified payment (over- or underpayment), Evli has the right to correct the payment by debiting or crediting the amount from or to the Client’s assets at Evli, and to take any necessary measures related to the above-mentioned corrections.
- Point 1.4.6. Evli’s due diligence obligation and suspicious transactions
The Client further affirms that the Client is not subject to sanctions or acting on behalf of an entity subject to sanctions and does not otherwise enable any activity that would violate or circumvent sanctions.
In all investment matters, you can turn to your contact person at Evli or Evli's Investor Service. Evli's Investor Service is open on weekdays from 9.30 a.m. to 4.30 p.m. (Finnish time) at +358 (9) 4766 9701.
