Minor Non-Monetary Benefits Disclosure (“MNMBs”)

Investment firms may only provide or accept benefits in kind (non-monetary benefits) in relation to the provision of an investment service that:

  • are capable of enhancing the quality of the service provided to clients;
  • do not impair compliance with the firm’s duty to act in the best interests of the client; and
  • are clearly disclosed.

This is the summary disclosure with regard to MNMBs made on behalf of SG Kleinwort Hambros Bank Limited, SG Kleinwort Hambros Bank Limited - Jersey Branch, SG Kleinwort Hambros Bank Limited - Guernsey Branch,  and SG Kleinwort Hambros Bank Limited - Gibraltar Branch (individually and collectively “Kleinwort Hambros”), as referred to in their respective Terms of Business.

The below table indicates the kind of MNMBs that Kleinwort Hambros may provide or receive: 

Did you find what you were looking for today?
captcha