Information or opinions provided by us or through a third party on the Site or by a Local Site should not be used for investment advice and do not constitute an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. When making a decision about your investments, you should seek the advice of a professional financial adviser.

No Warranties

The following clauses exclude or limit our legal liability for the Site. You should read them carefully. They all apply only as far as the law permits, and in particular we do not exclude or restrict our duties and liabilities to you under the laws of any country which apply to the conduct of our business or the rules and regulations of any relevant regulatory authority.

WHILST WE HAVE TAKEN REASONABLE STEPS TO ENSURE THE ACCURACY, CURRENCY, AVAILABILITY CORRECTNESS AND COMPLETENESS OF THE INFORMATION CONTAINED ON THE SITE, INFORMATION IS PROVIDED ON AN "AS IS", "AS AVAILABLE" BASIS AND WE DO NOT GIVE OR MAKE ANY WARRANTY OR REPRESENTATION OF ANY KIND, WHETHER EXPRESS OR IMPLIED. THE USE OF THE SITE IS AT YOUR SOLE RISK. WE SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE WHATSOEVER AND HOWSOEVER ARISING AS A RESULT OF YOUR USE OF OR RELIANCE ON THE INFORMATION CONTAINED ON THE SITE TO THE MAXIMUM EXTENT PERMITTED BY LAW.

WE DO NOT REPRESENT OR WARRANT THAT THE SITE WILL BE AVAILABLE AND MEET YOUR REQUIREMENTS, THAT ACCESS WILL BE UNINTERRUPTED, THAT THERE WILL BE NO DELAYS, FAILURES, ERRORS OR OMISSIONS OR LOSS OF TRANSMITTED INFORMATION, THAT NO VIRUSES OR OTHER CONTAMINATING OR DESTRUCTIVE PROPERTIES WILL BE TRANSMITTED OR THAT NO DAMAGE WILL OCCUR TO YOUR COMPUTER SYSTEM. YOU HAVE SOLE RESPONSIBILITY FOR ADEQUATE PROTECTION AND BACK UP OF DATA AND/OR EQUIPMENT AND FOR UNDERTAKING REASONABLE AND APPROPRIATE PRECAUTIONS TO SCAN FOR COMPUTER VIRUSES OR OTHER DESTRUCTIVE PROPERTIES.

WE MAKE NO REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY, FUNCTIONALITY OR PERFORMANCE OF ANY THIRD PARTY SOFTWARE THAT MAY BE USED IN CONNECTION WITH THE SITE.

Links To Third Party Sites or Content

Your use of hyperlinks on the Site is at your own risk. We provide hyperlinks to other locations on the Internet (including to the websites of Programme Participants detailed on the Site) for information and convenience purposes only.

These hyperlinks may lead to websites published or operated by third parties who are not affiliated with or in any way related to the HSBC Group. No endorsement of third party websites or content is implied and the HSBC Group shall not be deemed to recommend, approve, guarantee or introduce any third parties or the services/ products they provide on their websites, or to have any form of cooperation with such third parties and websites unless otherwise expressly stated by the HSBC Group. We are not responsible for the content of any other websites or pages linked to or from the Site or any Local Site and the HSBC Group are not responsible for any damages or losses incurred or suffered by you arising out of or in connection with your use of the link. We have not verified the content of any such websites, or pages. It is recommended that you view the linked website's terms or privacy policy pages to understand how use of that website may affect you.

We are not responsible for the accuracy, timeliness or the continued availability or the existence of content, hyper links, or third party websites or pages linked to the Site or any Local Site.

Links to downloadable software sites are for convenience only and we are not responsible or liable for any difficulties or consequences associated with downloading the software or for any consequences from your doing so. Please remember that the use of any software downloaded from the Internet may be governed by a licence agreement and your failure to observe the terms of such licence agreement may result in an infringement of intellectual property rights of the relevant software provider which we are not in any way responsible.

The Site may offer access to news services, market analysis, financial planning tools or other information provided by third parties on the Site or any Local Site. No endorsement or approval of any third parties or their advice, opinions, information, products or services is expressed or implied by any information on the Site or any Local Site. We do not control, cannot guarantee, and are not responsible for the accuracy, timeliness or even the continued availability or existence of such content.

HSBC Group members are not party to any contractual arrangements entered into between you and the provider of the external website unless otherwise expressly specified or agreed to by an HSBC Group member.

HSBC Group members are not party to any contractual arrangements entered into between you and the provider of the external website unless otherwise expressly specified or agreed to by an HSBC Group member.

Please be mindful that when you click on a link and leave our Site you will be subject to the terms of use and privacy policies of the other website that you are going to visit.

Links from External Websites to HSBC Websites

You must always obtain the prior written approval of the HSBC Group before creating a hyperlink in any form from a third party website to any HSBC Group website. The HSBC Group may or may not give such approval at its absolute discretion. In normal circumstances, we may only approve a hyperlink which displays plainly our name or website address. Any use or display of our logos, trade names and trademarks as a hyperlink will not be approved unless in very exceptional circumstances and may be subject to a fee as the HSBC Group may determine at its absolute discretion.

The HSBC Group is not responsible for the setup of any hyperlink from a third party website to any HSBC website. Any links so set up shall not constitute any form of co-operation with, or endorsement by, any HSBC Group member of such third party website. Any link to our Site shall always be an active and direct link to our Site and shall be made directly to the home or front page of our Site only and that no "framing" or "deep-linking" of our web page or content is allowed.

The HSBC Group is not liable for any loss or damage incurred or suffered by you or any third party arising out of or in connection with such link. For further trademarks and copyright information, please refer to the paragraph below. The HSBC Group members reserve the right to rescind any approval granted to link through a plain-text link or any other type of link, and to require the removal of any such link to any of the HSBC Group websites, at their discretion at any time.

Internet e-mail

Do not use ordinary e-mail to communicate personal or confidential information to us. Use the secure server available at your Local Site. Ordinary e-mail messages sent over the Internet may be intercepted, lost or altered. We are not responsible for them and will not be liable to you or anyone else for any damages in connection with any messages sent by you to us using ordinary e-mail.

Trade Marks and Copyright

Copyright in the pages, screens, information, and allmaterial in their arrangement, included in the Site or any Local Site is ownedby or licensed to us or the HSBC Group unless otherwise noted. Subject to theterms below regarding Merchant Content, you may imprint, copy download ortemporarily store extracts from the Site or any Local Site for your personalinformation or when you use any products and services of any Local Site. Youmay not alter or otherwise make any changes to any material that you print ordownload from the Site or any Local Site, including, without limitation,removing any identifying marks or legends from such material. You may notdistribute these materials to others. Any other use is prohibited unless youfirst request and obtain our written permission. In particular no one may use apart of the Site or any Local Site on any other website, or link any otherwebsite to the Site or any Local Site, without our prior written permission orthe consent of the relevant HSBC Group member.

Content from a third party provider available on orthrough the Site or any Local Site may not be duplicated, distributed, published, transferred, transmitted, copied, altered, sold, used to createderivative works or otherwise misused. You must comply with all terms disclosedto you as required from time to time by any third party supplier of data orservices to the Site or any Local Site, including but not limited to, wherenecessary, entering into a direct agreement with such third party in respect ofyour use of their data.

You may not use the Site or any Local Site for any purpose which is unlawful, abusive, libelous, obscene or threatening.

HSBC is a trade mark of the HSBC Holdings plc and all rights in and to HSBC vest in HSBC Holdings plc. Other than as provided above you may not use or reproduce the HSBC trademark, logo or brand name.

Note: In case of discrepancies between the English and other language versions, the English version shall apply and prevail.

IMPORTANT: By accessing the Site and any of its pages you are agreeing to the terms set out above. Thank you for choosing HSBC.