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Important information for all recipients

Where applicable, "SG" means Societe Generale and/or its relevant affiliates.

This document is for informational purposes only and does not constitute an offer, or the solicitation of an offer, or a recommendation, to buy or sell any securities, futures, derivatives or other financial instruments, services or products. Nothing in this document should be construed as an official position of Société Générale on the legal or regulatory matters discussed herein or its interpretation of any of the legal or regulatory requirements.  Although the information herein has been obtained from sources believed to be reliable, Societe Generale makes no representation or warranty regarding the accuracy or completeness of any information and is not responsible for errors of any kind. Societe Generale accepts no liability, whether in contract, tort, breach of statutory duty or otherwise for any direct, indirect, incidental or consequential damages or losses arising from the use of this report or its content. This document may not be reproduced, distributed, or published by any other person without the prior consent of Societe Generale. The information contained herein does not have regard to specific investment, financial situations or the specific needs of any specific entity or person. Clients should make their own appraisal of the risks and appropriateness of investing in, or trading the types of products given their own investment objectives, experience, financial and operational resources and other relevant circumstances. This document is not intended to have an advisory character or intended to represent an investment recommendation or a recommendation regarding any transaction, strategy, product or service. The information contained herein may not be relied upon as investment, accounting, legal, regulatory or tax advice or an investment recommendation. The users of this document are encouraged to seek their own legal or regulatory advice.

This document is prepared for and intended for solely to sophisticated and professional clients in Asia solely. You should therefore be appropriately qualified as a professional, accredited, wholesale, expert or institutional investor (however defined in your local jurisdiction). This document has been prepared by licensed affiliates of Société Générale which is a French credit institution authorised by the Autorité de Contrôle Prudentiel et de Résolution (the French Prudential Control and Resolution Authority) in accordance with applicable regulations and Société Générale’s internal policy. You should be aware that local regulations may not allow this document to be distributed from your local Société Générale licensed affiliate, but may allow it to be distributed from an offshore branch or affiliate under certain circumstances. If in any doubt, you should always determine which licensed affiliate is responsible for distributing this document to you by contacting Société Générale. You should also be aware that financial products or services referred to may not be sold, bought or subscribed to if you do not qualify in your local jurisdiction. Always ensure that you contact and deal through appropriately licensed entities if you wish to purchase any such products or services.

NOTICE TO U.S. INVESTORS: This document is intended only for qualified institutional investors under SEC Rule 15(a) 6. Any U.S. person wishing to discuss this document or effect transactions in any security or financial instrument discussed herein should do so with or through SG Americas Securities LLC (“SGAS”).

IRS CIRCULAR 230 DISCLOSURE: Societe Generale does not provide tax advice. Please note that (i) any discussion of US tax matters contained in this communication cannot be used by you for the purpose of avoiding tax penalties; (ii) this communication was written to support the promotion or marketing of the matters addressed herein; (iii) you should seek advice based on your particular circumstances from an independent tax advisor.

DODD-FRANK DISCLAIMER: If you are a “U.S. person” (as defined by the U.S. Commodity Futures Trading Commission), please visit http://swapdisclosure.sgcib.com for important information with respect to derivative products. By transacting with Societe Generale, you are deemed to acknowledge that you have read and accepted the information provided on the website.  

Important MIFID Asia

Information below are targeted at clients of Societe Generale in APAC. If you are a client serviced by our teams in Europe, information may not be relevant to you and so you should go the Societe Generale MIFID II website.

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