Article 27U.K.Disclosure of information about the services provided(Article 17(6) of Directive 2014/65/EU)
1.A clearing firm shall publish the conditions under which it offers its clearing services. It shall offer those services on reasonable commercial terms.
2.A clearing firm shall inform its prospective and existing clearing clients of the levels of protection and of the costs associated with the different levels of segregation it provides. Information on the different levels of segregation shall include a description of the main legal effects of the respective levels of segregation offered, including information on the insolvency law applicable in the relevant jurisdiction.