The Economic Profile is a mandatory questionnaire that helps the company assess your experience, knowledge, and risk tolerance when working with financial instruments.
Why the Economic Profile is needed
It is required in order to:
- Determine whether the proposed financial instruments and services are suitable for you;
- Act in your best interests;
- Comply with legal requirements under which conducting this assessment is the company’s obligation.
If the questionnaire is not fully completed, the company will be unable to properly assess the suitability of the offered services, products, or transactions. In this case, access to certain investment instruments may be restricted.
How to complete the questionnaire
Please provide accurate, up-to-date, and complete information — this is necessary for the company to correctly determine your level of knowledge and experience.
It is recommended to update the questionnaire regularly if your skills, education, or professional background change in a way that may affect your understanding of financial instruments.
What factors are considered in the assessment
The evaluation is based on:
- The types of financial services, transactions, and regulated instruments you are familiar with;
- The nature, volume, and frequency of your transactions with regulated instruments;
- Your level of education, as well as your current or previous profession.