Investment Surveys

This is the successor version of the Investment Surveys and expands as well as specifies the previous questionnaire. Depending on the products, the new questions can be used accordingly. This enables an appropriate and regulatory-compliant application within the context of client onboarding and the investment process.

General information

Before the client can invest independently, the following question must be asked as part of the appropriateness assessment:

Question / Frage	Answer / Antwort
Do you already have experience with financial instruments?	I prefer not to provide information No Yes
Haben Sie bereits Erfahrungen mit Finanzinstrumenten?	Ich möchte keine Angaben machen Nein Ja

If “Yes” is not selected, the following warning message must be displayed:

“Based on the outcome of our assessment, your knowledge or experience appears insufficient to properly assess the risks associated with investing in this financial instrument. Therefore, such an investment may be considered inappropriate. You may, however, proceed with the subscription and make the investment after acknowledging and confirming this warning. By clicking ‘Continue,’ you confirm that you have taken note of this notice.”

German:

Nach dem Ergebnis unserer Prüfung reichen Ihre Kenntnisse oder Erfahrungen nicht aus. Um die Risiken, die mit einer Investition in dieses Finanzinstrument verbunden sind, beurteilen zu können. Es erscheint insofern unangemessen, darin zu investieren. Sie können nach der Kenntnisnahme und Bestätigung dieses Warnhinweises dennoch die Zeichnung fortsetzen und eine Investition in das Finanzinstrument tätigen. Mit dem Klick auf "weiter" bestätigen Sie, dass Sie diesen Hinweis zur Kenntnis genommen haben.

Checkbox:

I confirm that I have taken note of the notice and still wish to proceed and invest.

German:

Ich bestätige, dass ich den Hinweis zur Kenntnis genommen habe und dennoch fortfahren und investieren möchte.

When this checkbox is clicked, the system must set the attribute “ForceMissedKnowledge” to “true” instead of displaying the Investment Survey.

The client must be able to retake or update these questions at any time.

The full MIFID Question Library can be downloaded via link.concedus.com/mifid_claudia

         "investmentSurveys": [
                {
                    
                    "customFields": [
                        {
                            "name": "ForceMissedKnowledge",
                            "value": "true"
                        }
                    ],
                    "key": "{{$randomUUID}}",
                    "modified": "{{$isoTimestamp}}"
                }
            ],

Structure

Field	Type	Requirement	Description
investmentExperience	object	required	See: Investment Experience
investorExperience	object	required	See: Investor Experience
customFields[].name	string	required	"forceMissedKnowledge"
customFields[].value	string	required	Depends on AGP points ("true"/"false")
key	string	required	See: key
modified	string	required	See: modified

Investor Experience / MIFID

An investor must provide information about his experience by filling out the investment survey before registering. This is assessed with points, on the basis of which the InvestorExperience is calculated. If a customer has too little investment experience (score below 7), he must confirm via a checkbox that he is aware of this and wishes to continue registration and investments against recommendation. In this case the characteristic "ForceMissedKnowledge" = "true" must be passed. If this is not necessary (higher score) then "ForceMissedKnowledge" = "false".

„Ich bin mir bewusst, dass mein Wissen und meine Erfahrung möglicherweise nicht ausreichen, um die Risiken dieser Investition vollumfänglich beurteilen zu können. Ich möchte dennoch in dieses Finanzinstrument investieren.“

If the process provides for querying the investor experience score before the actual registration of a new customer, this score can be queried on the basis of the "investorExperience" object.

Get AGP Score

GET https://demo2.api.concedus.com/v2/compliance/scoring/investorexperience

Headers

Name	Type	Description
Authorization*	String	Bearer token
Content-Type*	String	application/json

Request Body

Name	Type	Description
investorExperience*	json	see: investorExperience

200: OK

{
  "score": score
}

400: Bad Request

401: Unauthorized

Investment Experience

Question ID	Type	Description	English
0	boolean	Geschlossene Investmentfonds	Closed-end investment funds
3	boolean	Anleihen	Bonds
4	boolean	Aktien	Stocks
5	boolean	Zertifikate	Certificates
8	boolean	Optionsscheine	Warrants
10	boolean	Hedgefonds	Hedge funds
17	boolean	Tokenisierte Wertpapiere	Tokenized securities