Risk disclosure

Jaypee Capital Services IFSC Private Limited ("Jaypee IFSC", "GAP", "we", "our") provides Global Access facilities enabling eligible Investors to access and trade in securities and other permitted financial products in foreign jurisdictions through approved foreign brokers and intermediaries.

Before availing Global Access services, Investors are advised to carefully read and understand the following risks and disclosures.

• Trade(s) and/or Investment(s) in foreign products or instruments are subject to various risks including, but not limited to, market risk, currency risk, settlement risk, default risk, technology risk, custody risk, liquidity risk, legal risk, taxation risk and operational risk.
• Investors should independently assess the suitability of any trade(s) and/or investment(s) based on their financial condition, investment objectives, risk appetite and investment experience.
• Investors are responsible for understanding the regulatory, legal, taxation, remittance and operational requirements applicable in the relevant foreign jurisdiction before undertaking any transaction.
• Investors are also advised to read and understand all disclosures, terms and conditions, risk documents and client agreements provided by Jaypee IFSC in connection with Global Access services.

Key risks relating to Global Access

Market Risk and Interest Rate Risk

Transactions executed in markets outside IFSC are subject to different laws, regulations, market conditions, trading hours, holiday calendars, disclosure standards, investor protection mechanisms and dispute resolution frameworks. Adverse market movements, interest rate changes or economic developments in the relevant jurisdiction may affect the value and performance of my investments.

Currency Risk

Investments and transactions in foreign markets are exposed to fluctuations in foreign exchange rates. Adverse currency movements may materially impact the value of investments and returns when converted into the client's base currency.

Custody Risk

Assets and funds may be held with foreign brokers, custodians, clearing members or other intermediaries. Insolvency, operational failures or regulatory actions affecting such entities could lead to loss of asset(s) and/or fund(s).

Liquidity and Settlement Risk

Settlement cycles, market liquidity and operational processes may vary across jurisdictions. Delays in execution, settlement, transfer of funds or delivery of securities may occur.

Technology, Time-Zone and Cyber Security Risk

Electronic trading and communication systems may be affected by system outages, connectivity issues, latency, cyber incidents, unauthorised access, or other technological disruptions. These events may impact order placement or execution and may compromise the security, confidentiality, integrity, or availability of personal and sensitive information.

Product and Suitability Risk

Certain foreign products and instruments may be complex, leveraged, volatile or highly speculative in nature. Investors should ensure that such products are suitable for their financial circumstances and risk tolerance.

Regulatory and Legal Risk

Trading and investment activities are subject to the laws and regulations of the relevant foreign jurisdiction(s), including applicable investor protection, supervisory, and dispute resolution frameworks. Certain foreign jurisdictions may impose restrictions, sanctions, or prohibitions on specific trades or investments. Investors are responsible for keeping themselves informed of applicable legal and regulatory changes in such jurisdictions.

Taxation Risk

Trades and investments may be subject to taxes, withholding requirements, and reporting obligations in India and/or the relevant foreign jurisdiction(s). Tax laws and their application may change from time to time, and investors are responsible for their own tax compliance, record maintenance, and adherence to applicable tax requirements.

Remittance and Regulatory Compliance Risk

All fund transfers must comply with the applicable laws of India, the IFSC, and the foreign jurisdiction, including the Reserve Bank of India's Liberalised Remittance Scheme (LRS). Breach of the same may attract regulatory or penal actions.

Social and Political Risk

Trades and investments in international markets are exposed to social, political, economic, and geopolitical risks that may affect market conditions, investment values, or profitability. Investors are responsible for keeping themselves informed of relevant developments in the concerned foreign jurisdiction(s).