Crypto explained

Important Information for users in the United Kingdom

The information on this part of the website is provided in connection with securities admitted to trading on regulated markets in the UK and the EEA. It is published to meet legal and regulatory requirements, including the UK Prospectus Regulation and exchange listing rules.

As such it has not been issued or approved by a person who is authorised by the FCA.

Any investment decision should be made solely on the basis of the legally required documents (such as the approved base prospectus and applicable final terms) that have been published in accordance with applicable law.

Investments in crypto exchange-traded notes (cETNs) are classified by the Financial Conduct Authority as Restricted Mass-Market Investments (RMMIs) and as complex products. Investors should not invest unless they are prepared to lose all the money invested, cETNs are highly volatile and a high- risk investment and an investor in cETNs should not expect to be protected if something goes wrong. These products are not covered by the UK Financial Services Compensation Scheme (FSCS) and are not subject to the jurisdiction of the Financial Ombudsman Service (FOS). The Financial Conduct Authority suggests that retail investors should spread their risk using different investments and that overall high risk investments such as cETNs, should amount to less than 10% of retail investor’s investment portfolio.Past performance is not a reliable indicator of future results.