Market in Financial Instruments Directive II (MiFID II) – what it means for you
A new set of regulations aimed to make the financial services market more transparent across Europe comes into effect on 3 January 2018 – this set of regulations is known as MiFID II. As a result of the regulations, we are required to collect additional information from our clients who hold investments within our investment trust range of products.
Additional client information required by 3 January 2018J.P. Morgan is required to collect and record the following information from you in order to execute investment trust transactions on your behalf:
- Your nationality
- Your National Insurance number - If you are not a British national, please refer to the table below for alternative details we can accept
Additional client information form
Please return completed forms to the following address:
J.P. Morgan Asset Management
Client Administration Centre
PO Box 12272
Chelmsford CM99 2EL
What happens if I do not provide the additional details by 3rd January 2018?If we do not receive this information before 3rd January 2018, it may cause delays with dealing instructions, and mean we will be unable to place trades (either buying or selling) in our J.P. Morgan Investment Trust range on your behalf.
I am not a British national - what details should I provide?
If you are not a British national, please refer to the table below for the details we can accept
Do I need to provide the additional details if I only hold funds (OEICs)?No, the additional client details are only required if you are investing in our investment trust range.
What if I have a joint account?In the case of joint accounts, where this information is required from other holders we will contact each one separately.
What If I am unable to provide any of the additional information required?If you are unable to provide details of your nationality or the additional information required, please contact us on 0800 20 40 20 or + 44 1268 44 44 70 with your account details to hand. Our telephone lines are open Monday to Friday, 9am to 5.30pm.
What will you do with my information?
Any further questions?If you have any further questions relating to the new regulations, please call our UK-based Investor Services team on 0800 20 40 20 (or +44 1268 44 44 70) with any questions you have. Our lines are open Monday to Friday, 9.00am to 5.30pm. If you are an existing client please have your account details to hand.
The value of your investments and the income from them can go down and up, and you may not get back as much as you paid in. Tax benefits and liabilities depend on individual circumstances and may change in the future.
Past performance is not a guide to the future.
In order to make an informed investment decision, investors should ensure that they obtain all relevant information before making any investment. Investment is subject to applicable documentation including Investor Disclosure Document, Key Investor Information Document (KIID), Prospectus and Key Features and Terms and Conditions.