{"id":622,"date":"2022-06-27T11:08:16","date_gmt":"2022-06-27T11:08:16","guid":{"rendered":"https:\/\/arev.is\/?page_id=622"},"modified":"2026-10-14T12:58:55","modified_gmt":"2026-10-14T12:58:55","slug":"information-and-rules","status":"publish","type":"page","link":"https:\/\/arev.is\/en\/upplysingar-og-reglur\/","title":{"rendered":"Information and Rules"},"content":{"rendered":"
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Information and Rules<\/h1>\n<\/div><\/div>\n\n\n\n
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Information and rules Arev<\/h2>\n<\/div>\n\n\n\n
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Arev Securities hf. has established rules and procedures to ensure compliance with the laws and regulations governing its operations. Below is a reference to the rules governing the operations of Arev Securities hf. Before entering into a transaction, it is essential that clients familiarise themselves with the company's rules and terms and conditions. Arev Securities hf. is required to obtain various information from clients and to provide its employees with all necessary documentation for completion as soon as a decision to commence business is made. Below you can find the main rules of Arev Securities hf.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

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Statement on Corporate Governance<\/strong><\/h4>\n<\/div>\n\n\n\n
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Corporate governance of Arev Securities.<\/p>\n\n\n\n

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Statement on Corporate Governance<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Arev's Privacy Policy<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev's Privacy Policy.<\/p>\n\n\n\n

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Privacy Policy<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Best Execution Policy<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev Securities has established rules for the best execution of trade orders. The rules are intended to ensure that Arev's clients receive the best possible outcome when their trade orders are executed.<\/p>\n\n\n\n

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Best Execution Policy<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Anti-Money Laundering<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev Securities hf., like other financial institutions, has a legal obligation to do its utmost to prevent its business and operations from being used to launder funds or to finance terrorist activities. Arev Securities has established policies and procedures for the prevention of money laundering and the financing of terrorism, policies on the risks of money laundering and the financing of terrorism, as well as policies on customer due diligence (KYC). In these rules, Arev Securities seeks to meet in all respects the most stringent requirements placed upon financial institutions at national and international level in this area. \u00a0Part of Arev Securities' obligation is to know its clients and their activities. To this end, the company undertakes customer due diligence, which is fulfilled, in part, by obtaining information from its clients.<\/p>\n\n\n\n

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Anti-Money Laundering<\/strong><\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Client Categorisation<\/strong><\/h4>\n<\/div>\n\n\n\n
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According to the Securities Trading Act, No. 108\/2007, a financial institution shall classify clients as retail investors, professional investors or eligible counterparties. The classification is based, among other things, on the clients' experience and knowledge.<\/p>\n\n\n\n

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Client Categorisation<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Client Information Handling<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev's Privacy Policy.<\/p>\n\n\n\n

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Client Information Handling<\/strong><\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Client complaints and remedies<\/strong><\/h4>\n<\/div>\n\n\n\n
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Should a client wish to lodge a complaint regarding the services of Arev Securities hf., it may be submitted in various ways, such as by email ( regluvordur at arev.is<\/a> ) by letter, by telephone or in a meeting.<\/p>\n\n\n\n

A client can refer a dispute that has arisen to the Complaints Committee for Financial Services: Complaints Committee for Financial Services.<\/a>
Email: \u00a0fjarmal@nefndir.is<\/a><\/p>\n\n\n\n

A special form must be completed, which is available from the office of the Financial Supervisory Authority. Central Bank of Iceland<\/a>.<\/p>\n\n\n\n

The Financial Supervisory Authority provides guidance to clients of financial institutions in accordance with the government's guidance obligation. Further information can be found on the FME website.<\/p>\n\n\n\n

Then, clients can take their disputes to court.<\/p>\n\n\n\n

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Complaints<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Financial transactions and risk<\/strong><\/h4>\n<\/div>\n\n\n\n
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Here is an overview of the main risks associated with trading in financial instruments. This is not an exhaustive list, and other factors may affect the value of a financial instrument. It is important that clients assess the risks associated with a financial instrument before deciding to trade.<\/p>\n\n\n\n

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Financial Instruments and Risks<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Qualifications of Key Personnel<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev Securities has established rules on the suitability of key personnel, with reference to the provisions of the Financial Institutions Act No. 161\/2002 and in light of the guidelines of the Financial Supervisory Authority no. 3\/2010. Arev Securities also has in place, amongst other things, rules on information about clients. Arev's clients can access these at any time from the firm's Compliance Officer, as can the rules on the separation of business areas (firewalls).<\/p>\n\n\n\n

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Qualifications of Key Personnel<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Conflicts of Interest Policy<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev Securities has established a policy on measures to prevent conflicts of interest, which is designed to prevent conflicts of interest from harming the interests of the company's clients. Arev's clients are required to accept the Conflicts of Interest Policy.<\/p>\n\n\n\n

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Conflicts of Interest Policy<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Personal Account Dealing<\/strong><\/h4>\n<\/div>\n\n\n\n
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Arev Securities has established rules on personal trading by its employees, which are intended to minimise potential conflicts of interest between the firm and its clients, or between its clients and each other.<\/p>\n\n\n\n

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Personal Account Dealing<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Assessment of suitability<\/strong> clients<\/h4>\n<\/div>\n\n\n\n
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The rules describe how Arev Securities hf. assesses the suitability of clients when providing investment services and engaging in investment activities, in accordance with the Financial Instruments Markets Act No. 115\/2021. They include, amongst other things, the gathering of information on clients' investment objectives, financial situation, knowledge and experience, as well as the action to be taken if such an assessment reveals that an investment is not suitable for the client.<\/p>\n\n\n\n

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Client Suitability Assessment<\/strong><\/strong><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Uppl\u00fdsingar og reglur Arev Arev ver\u00f0br\u00e9fafyrirt\u00e6ki hf. hefur sett s\u00e9r reglur og ferla til a\u00f0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"plain-container","ast-site-content-layout":"normal-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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