We have on January 1, 2018 updated our terms of contract to meet the requirements of the new MiFID II regulation. The updated terms of the agreement (General Terms and Conditions of Client Relationship, Terms and Conditions of Securities Custody, Terms and Conditions of Securities Brokerage and Terms of Business for Professional Clients and eligible counterparties) are provided below and in the My Evli Online Service.
Deposits are covered by the statutory deposit guarantee. In Finland, the entity responsible for the deposit guarantee is the Financial Stability Authority.
Evli is obliged to collect information required for taxation as Finland has signed an agreement with the USA regarding the exchange of tax information (the FATCA agreement). Finland is also required to observe the common reporting standard of the OECD countries, the CRS, and the amended EU directive DAC2.
These regulations oblige banks and other financial institutions to identify their clients’ residence for tax purposes and submit information on clients’ assets and income to the Finnish Tax Administration on an annual basis. The Tax Administration will then forward this information to the relevant parties.
For clients, the exchange of tax information means answering a few additional questions whose purpose is to determine the clients’ residence for tax purposes.
Read more from The Finnish Financial Sector's website
(material is in Finnish)
We ask you to take into account the fact that Evli Bank Plc’s ability to offer services to states outside of the EEA or to citizens of these states may be affected by limitations related to license. Users of the website are personally responsible for any national limitations that may affect them.
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