Terms of Business
Terms of Business and Contractual Documentation
Crédit Agricole Corporate and Investment Bank (“Crédit Agricole CIB”) has posted Terms of Business (“Terms”) including a series of country annexes on this site. The Terms are specific to Crédit Agricole CIB Paris and certain of its branches in the European Economic Area as listed below and govern the provision of those services and transactions (as defined in the relevant Terms) provided to or carried out on behalf of Clients (wherever those Clients are established) by Crédit Agricole CIB Paris and those European Economic Area (“EEA”) branches. These branches in the EEA are London, Brussels, Milan, Frankfurt and Stockholm (“EEA branches”).
The Terms govern only the relationships between Crédit Agricole CIB Paris and its EEA Branches with Clients and are not intended to govern other relationships between Crédit Agricole CIB’s non-EEA Branches or non-EEA subsidiaries with Clients (whether or not those Clients are resident within the EEA). The Terms of Crédit Agricole CIB Paris and of the EEA Branches other than the London branch cover only MiFID II business. The Terms of the London branch cover all services and transactions supported by the London branch. The Terms also describe how they interact with transaction or service specific documentation which may be issued in particular cases (the assumption being that transaction specific documentation will govern the terms of the relationship with the Client for the purposes of that transaction).
Clients may have relationships with Crédit Agricole CIB Paris and/or different EEA Branches. Different Terms may apply to different services or in relation to different transactions depending upon whether Clients deal with Crédit Agricole CIB in different locations. If Clients do deal with Crédit Agricole CIB in multiple locations within the EEA, in order to establish which particular set of Terms govern any specific service or transaction, Crédit Agricole CIB will apply the Terms applicable to the location through which the particular service or transaction is originated and where, in relation to that service or transaction, the Client has its main contact.
For the purposes of the Terms of Business attached in pdf to this page, the reference to “European Branches” means the Crédit Agricole CIB branches of Brussels, Milan, Frankfurt and Stockholm.
By way of example:
MiFID service or transaction originated by the Crédit Agricole CIB branch in Country A with a Client in Country A or by the Client in Country A with the Crédit Agricole CIB branch in Country A is governed by the Terms for Country A.
MiFID service or transaction originated by the Crédit Agricole CIB branch in Country A with a Client in Country B or by the Client in Country B with the Crédit Agricole CIB branch in Country A is also subject to the Terms for Country A.
Service or transaction originated by the Crédit Agricole CIB London branch with any Client or by any Client with the Crédit Agricole CIB London branch is governed by the London branch Terms.
The individual Terms applicable to each location other than Paris are all directly derived from the Terms of Crédit Agricole CIB Paris and vary only to the extent required in order to comply with the local law and regulation of the jurisdiction of the branch or the specific requirements of the markets served by the relevant location.
If Clients are in any doubt which particular Terms govern a specific Service or Transaction, they should contact their usual relationship manager.