Appropriateness of other investment services Section 45.
(1) When providing investment services other than those specified in section 44 paragraph 1, the legal entity shall obtain from the client information about its knowledge and experience in the investment field relevant to the specific type of product or services offered or requested by the client to enable him to assess whether they are appropriate for the client. In doing so the legal entity shall take into consideration if the relevant client has the required knowledge and experience to understand the risks associated with the offered or requested products or services.
(2) If based on the information obtained under paragraph 1 the legal entity comes to the conclusion that the relevant product or service is not appropriate for the client, it shall warn the client. Such warning may be provided in standardized format.
(3) In cases where the client elects not to provide the information referred to under paragraph 1, or where it provides insufficient information regarding its knowledge and experience, the legal entity shall warn the client that such a decision will not allow the legal entity to determine whether the offered or requested services or products are appropriate for the client. Such warning may be provided in standardized format.
(4) If a legal entity provides a service under paragraph 1 to a professional client it shall be entitled to assume that the client has the required knowledge and experience to understand the risks associated with the products, transactions, and services for which it has been classified as a professional client.