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The Financial Services Agreement serves as the primary contractual framework for establishing a professional relationship between financial service providers and their clients in Ireland. This document is essential when a regulated financial institution provides services such as investment management, advisory services, banking products, or payment services to clients. It ensures compliance with Irish financial services regulations, including the Central Bank Act, MiFID II requirements, Consumer Protection Code, and anti-money laundering legislation. The agreement comprehensively addresses regulatory obligations, service terms, client categorization, fee structures, and risk disclosures, while incorporating necessary data protection provisions under GDPR. It's designed to protect both service providers and clients while maintaining regulatory compliance in the Irish financial services sector.

1. Parties: Identification of the financial service provider and the client, including regulatory status and authorizations

2. Background: Context of the agreement, nature of services to be provided, and regulatory framework

3. Definitions and Interpretation: Definitions of key terms, interpretation rules, and regulatory references

4. Scope of Services: Detailed description of financial services to be provided, including any limitations and exclusions

5. Regulatory Compliance: Obligations regarding regulatory compliance, including MiFID II requirements and consumer protection

6. Client Classification: Classification of client under regulatory framework and implications

7. AML and Due Diligence: Anti-money laundering requirements, customer due diligence, and ongoing monitoring obligations

8. Fees and Charges: Fee structure, payment terms, and disclosure of all charges

9. Client Assets: Handling of client money and assets, segregation requirements

10. Data Protection: GDPR compliance, data processing terms, and privacy obligations

11. Representations and Warranties: Standard and regulatory-specific representations and warranties

12. Reporting and Communications: Reporting obligations, communication methods, and record-keeping

13. Risk Disclosures: Mandatory risk warnings and disclosures

14. Termination: Termination rights, process, and consequences

15. Liability and Indemnification: Limitation of liability and indemnification provisions

16. Governing Law and Jurisdiction: Irish law as governing law and jurisdiction provisions