Corporate bodies

BANOR SIM

Disclosure

Pillar 3 – Click on the following link to download the pdf: “Informativa al Pubblico anno 2017

BANOR SIM

CORPORATE BODIES

Banor SIM

BANOR SIM

COMPANY POLICIES

POLICY FOR THE MANAGEMENT OF CONFLICTS OF INTEREST

Banor SIM has taken all reasonable steps to identify conflicts of interest that may arise in the performance of its services. Under the current regulations, Banor SIM is required to identify any circumstances which constitute or could give rise to a conflict of interest that could seriously harm the interests of one or more investors. It is required to adopt an effective policy for managing conflicts of interest, appropriate to the size and the organisation of Banor SIM itself, as well as to the nature, scale and complexity of its business.
Banor SIM has therefore identified those conflicts of interest that could arise when providing investment services or activities and has drawn up procedures to be followed and measures to be adopted to manage and eliminate such conflicts.
Should further conflicts of interests arise, and the measures put into place prove not to be sufficient to avoid (with reasonable confidence) any damage to the interest of managed assets, Banor SIM will inform its investors in a clear and detailed manner. Download the pdf file (in Italian).

 

 

POLICY FOR THE TRANSMISSION AND EXECUTION OF ORDERS

Banor SIM, in providing the portfolio management service, undertakes to take all reasonable steps to obtain the best possible results, to be considered as the best “expected” possible outcome and not the best “actual” outcome.
Banor SIM has therefore drawn up a strategy for the transmission and execution of orders with the aim of obtaining the best possible results for the clients to whom it provides the portfolio management service.
In implementing investment decisions, the company executes or transmits orders using intermediaries of high standing who meet the criteria of confidentiality, reliability and financial soundness required to ensure the smooth running of operations and minimise any risk. To this end, for each type of financial instrument/market Banor SIM employs more than one intermediary in order to avoid an excessive concentration with respect to any single counterparty and reduce the possibility of the market recognising the investment strategies adopted.
Download the pdf file (in Italian).

 

 

ORGANISATION, MANAGEMENT AND CONTROL MODEL IN ACCORDANCE WITH LEGISLATIVE DECREE NO. 231/2001

The model adopted by Banor SIM is designed to refelct the rules of operation and conduct governing the activities of the company, as well as additional checks and controls it has adopted to prevent the commission of the types of offence covered by the Decree.
Banor SIM operates in strict compliance with the laws and regulations currently in force. With this model, the company intends to pursue the goal of disseminating a culture of legality among its employees and among all those interacting with its business organisation.
Download the pdf file (in Italian).

 

 

INVESTMENT SERVICES DISCLOSURE DOCUMENT

The pre-contractual disclosure document is intended to provide clients or potential clients of Banor SIM S.p.A. with the information they need to gain a reasonable understanding of the nature of the investment and related services and of the financial instruments proposed by Banor. It is also intended to help clients and potential clients understand the risks connected with these services and instruments and consequently to take informed investment decisions.

Download the pdf file (in Italian).

 

 

COMPANY DATA

Registered office and headquarters: Via Dante 15, 20123 Milan (Italy)
Tax ID and VAT No. 06130120154
Share Capital Eur 6.500.000 (fully paid-in)

Milan Companies Register No. 06130120154
Milan Economic and Administrative Index (REA) No. 1073114
Decision No. 11761 of 22/12/1998