Requirements for investment services

Luminor Bank AS, a member of the international finance group, complies with all the requirements for the financial institutions to act honestly, fairly and professionally in accordance with the best interests of its clients when providing investment services as per Directive 2014/65//EC of the European Parliament and the Council on markets in financial instruments (MiFID II). Luminor Bank AS has taken all reasonable steps designed to ensure the necessary investor protection and to avoid potential for conflicts of interest.

Luminor Bank AS Lithianian branch kindly asks to read the documents provided herein below envisaged to ensure an honest, open and efficient relationship with the client when providing investment services.

Previous versions of documents (archive)

Policy for execution of orders in financial instruments (N)
 Policy for execution of orders in financial instruments (N) (valid from 2018 01 03 to 2019 01 01)
 Policy for execution of orders in financial instruments (N) (valid from 2017 10 01 to 2018 01 02)
 Policy for execution of orders in financial instruments (N) (valid from 2015 12 21 to 2017 09 30)
 Policy for execution of orders in financial instruments (N) (valid from 2014 11 17 to 2015 12 20)
 Policy for execution of orders in financial instruments (N) (valid from 2013 11 23 to 2014 11 16)
 Policy for execution of orders in financial instruments (N) (valid from 2011 11 09 to 2013 01 22)
 Policy for execution of orders in financial instruments (N) (valid from to 2011 11 08)

Policy for execution of orders in financial instruments (D)

 Policy for Execution of Orders in financial instruments (D) (valid from 2018 01 03 to 2019 01 01)​
 Policy for Execution of Orders in financial instruments (D) (valid from 2017 10 01 to 2018 01 02)
 Policy for Execution of Orders in financial instruments (D) (valid from 2016 08 15 to 2017 09 30)
 Policy for Execution of Orders in financial instruments (D) (valid from 2015 06 15 to 2016 08 14)
 Policy for Execution of Orders in financial instruments (D) (valid from 2014 06 16 to 2015 06 14)
 Policy for Execution of Orders in financial instruments (D) (valid from 2013 03 08 to 2014 06 15)
 Policy for Execution of Orders in financial instruments (D) (valid from 2012 08 01 to 2013 03 07)
 Policy for Execution of Orders in financial instruments (D) (valid from 2011 06 01 to 2012 07 31)
 Policy for Execution of Orders in financial instruments (D) (valid from 2010 11 10 to 2011 05 31)
 Policy for Execution of Orders in financial instruments (D) (valid from 2010 05 10 to 2010 11 09)

General Business Terms of Investment Products and Services (N)​

 General Business Terms of Investment Products and Services (N) (valid from 2018 01 03 to 2019 01 01)​
 General Business Terms of Investment Products and Services (N) (valid from 2016 12 21 to 2018 01 02)
 General Business Terms of Investment Products and Services (N) (valid from 2016 11 10 to 2016 12 20)
 General Business Terms of Investment Products and Services (N) (valid from 2015 10 30 to 2016 11 09)
 General Business Terms of Investment Products and Services (N) (valid to 2015 10 29)

Conditions of provision of investment services (D)

 Conditions of provision of investment services (D) (valid from 2018 01 03 to 2019 01 01)​
 Conditions of provision of investment services (D) (valid from 2018 01 03 to 2018 02 07)
 Conditions of provision of investment services (D) (valid from 2017 10 01 to 2018 01 02)
 Conditions of provision of investment services (D) (valid from 2016 07 01 to 2017 09 30)
 Conditions of provision of investment services (D) (valid from 2010 04 26 to 2016 06 30)
 Conditions of provision of investment services (D) (valid to 2010 04 25)

Policy of avoiding conflicts of interest in providing investment services

 Policy of avoiding conflicts of interest in providing investment services (valid from 2018 01 03 to 2019 01 01)​

Luminor | Nordea
 Policy of avoiding conflicts of interest in providing investment services (N) (valid from 2017 10 01 to 2018 01 02)
 Policy of avoiding conflicts of interest in providing investment services (N) (valid from 2015 06 10 to 2017 09 30)
 Policy of avoiding conflicts of interest in providing investment services (N) (valid from 2012 06 19 to 2015 06 09)
 Policy of avoiding conflicts of interest in providing investment services (N) (valid to 2012 06 18)

Luminor | DNB
 Policy of avoiding conflicts of interest in providing investment services (D) (valid from 2017 10 01 to 2018 01 02)
 Policy of avoiding conflicts of interest in providing investment services (D) (valid from 2012 02 22 to 2017 09 30)
 Policy of avoiding conflicts of interest in providing investment services (D) (valid to 2012 02 21)

Client classification guidelines

 Client classification guidelines (valid from 2018 01 03 to 2019 01 01)​

Luminor | DNB
 General Information on Inducements (D) (valid from 2017 10 01 to 2018 01 02)
 General Information on Inducements (D) (valid to 2017 09 30)
Luminor | Nordea
 General Information on Inducements (N) (valid from 2018 01 01 to 2018 02 07)
 General Information on Inducements (N) (valid from 2017 10 01 to 2018 01 02)

Description of Financial Instruments and Related Risks

 Description of Financial Instruments and Related Risks (valid from 2018 01 03 to 2019 01 01)​
 Description of Financial Instruments and Related Risks (N) (valid from 2017 10 01 to 2018 01 02)
 Description of Financial Instruments and Related Risks (D) (valid from 2017 10 01 to 2018 01 02)
 Description of Financial Instruments and Related Risks (D) (valid until 2017 09 30)

Conditions of provision of investment recommendations
 Conditions of provision of investment recommendations (valid from 2018 01 03 to 2019 01 01)​
 Conditions of provision of investment recommendations (N) (valid to 2018 02 07)

 Ex-ante information on Costs and Charges of Investment Products (valid from 2018 01 03 to 2019 01 01)​

Top 5 Execution Venues and Entities

2018

Top 5 Execution Venues

Retail Clients  PDF ​ Excel
Professional Clients  PDF ​ Excel

Top 5 Execution Entities

Retail Clients  PDF ​ Excel
Professional Clients  PDF ​ Excel

2017

Top 5 Execution Venues

Retail Clients  PDF ​ Excel
Professional Clients  PDF ​ Excel

Top 5 Execution Entities

Retail Clients  PDF ​ Excel
Professional Clients  PDF ​ Excel

 

Luminor Bank AS Lithuanian branch is a participant of the obligations to investors insurance system of the Republic of Estonia. “Tagatisfond” (the Estonian Guarantee Fund) insures obligations to investors under the conditions and pursuant to the procedure set forth in the Act on Guarantee Fund of the Republic of Estonia.
Deposit and Investment Insurance