Societe Generale SA is one of the member banks of The London Gold Market Fixing Limited (London Gold Fix).
The process of the price determination operates by the Chairman (which position is rotated annually amongst the member banks) selecting the opening level and declaring the price determined at the end of each session as well as selecting the conversion rate for GBP. For further details please refer to London Gold Fix website at http://www.goldfixing.com/.
Please be aware that financial products or services referred to may not be sold, bought or subscribed to if you do not qualify in your local jurisdiction. Always ensure that you contact and deal through appropriately licensed entities if you wish to purchase any such products or services.
As you are no doubt aware, the OTC derivatives business is becoming increasingly subject to global regulatory reform initiatives that require reporting of trade data to increase market transparency and enable regulators to monitor systemic risk. In addition to any obligations that you or we may be subject to that require us to report details of our OTC derivative transactions to a U.S. swap data repository or regulator due to your status as a U.S. person under CFTC regulations, we may both also have obligations to report certain transaction data to a non-U.S. regulator or swap data repository in accordance with applicable laws in other jurisdictions to which either or both of us are subject.
Where you and we have adhered to the ISDA August 2012 Dodd-Frank Protocol or similar bilateral arrangements (“Protocol 1”), Protocol 1 provides our mutual consent to such disclosure and a waiver of any applicable non-disclosure, confidentiality, bank secrecy, data privacy or other protections. For the avoidance of doubt, our consent under Protocol 1 should be read as extending to any analogous or additional foreign reporting regulations that either of us are subject to, including the waiver of any applicable foreign non-disclosure, confidentiality, bank secrecy, data privacy or other legal protections. We will deem your consent under Protocol 1 to apply in a similar fashion and will perform our regulatory obligations on this basis.
SG expresses no opinion as to whether any party should enter into any swap or trading strategy, including any such swap or trading strategy that SG may recommend to any other party. For such advice, parties should consult their own advisors. With respect to any swap or proposed swap, SG will act in its capacity as a counterparty and does not undertake to (i) assess the suitability of any swap or trading strategy involving a swap or (ii) act in the best interests of any counterparty.
SG may record telephone conversations with your trading, marketing and other personnel. By transacting with SG, you are deemed to have consented, to the extent permitted by applicable law, to the submission of such recordings as evidence in any legal proceedings, or to the submission of such recordings to any regulator, court or other authority having jurisdiction over SG, upon request.
Please note, as of July 15, 2013, the address of SG's New York Branch changed to:
Societe Generale, New York Branch
245 Park Avenue
New York, NY 10167
Should you have any complaints regarding a swap with Société Générale SA, please direct them to the attention of the Compliance Department by physical mail to the above address, by electronic mail to firstname.lastname@example.org or by telephone to (212) 278-5982.
If you have any complaints regarding a swap with Societe Generale International Limited, please direct them to:
Societe Generale International Limited
10 Bishops Square
London E1 6EG UK
Email: mail: LDN-COMPLIANCE.Advisory@newedge.com
Phone: +44 (0) 207 676 8777