Legal Notice

Terms of use

When using this website, please note the following information ("Terms of Use").

1. Usage permission

Deutsche Oppenheim Family Office AG (hereinafter referred to as “Deutsche Oppenheim”) grants to natural persons visiting this website (hereinafter referred to as “user(s)”) revocable, non-exclusive, non-transferable and limited permission to access and use the website and the materials contained therein. This permission shall only apply to the extent that the user exclusively pursues the objectives outlined below and complies with the restrictions set out in these Terms of Use. The user is prohibited from disrupting or attempting to disrupt the operation of the website in any way.

2. Disclaimer

2.1 Regional legal restrictions

This website contains general information about the type of products and services offered by Deutsche Oppenheim. This website is not directed at individuals in countries or jurisdictions where the publication or distribution of such information or information about products or services described on this website is prohibited, whether by reason of that person's nationality, place of residence or otherwise. Persons subject to such restrictions may not use this website.

2.2 Accuracy and reliability of information and functionalities

The website and its content are provided on an “as is” basis.

With the exception that liability cannot be limited under applicable law and except for liability for gross negligence and wilful misconduct, Deutsche Oppenheim, its respective licensors or other third parties that make information or functionality available on or through this website do not warrant that Deutsche Oppenheim, its respective licensors or any other third party will guarantee the

(i) timeliness, accuracy or completeness of the information provided on the website as intended, including all pricing information;

(ii) accuracy of the results obtained by the user or by any other third party using the website.

With the exception that liability cannot be limited under applicable law and except for liability for gross negligence and wilful misconduct, Deutsche Oppenheim makes no warranty whatsoever with respect to information provided by third parties on or through the website.

Any opinions or estimates expressed as Deutsche Oppenheim's opinions or estimates reflect only Deutsche Oppenheim's opinions or estimates at the time of publication and are subject to change without notice.

They might deviate from the opinions or assessments of other Deutsche Bank group companies. 

To the extent required by applicable law, the contents of this website do not constitute any representation, expressed or implied, including – but not limited to – the merchantability of any products or securities displayed, the absence of third-party rights or the suitability for a particular purpose. Deutsche Oppenheim neither warrants that the website or any function or content thereof will be uninterrupted or error-free, that defects will be corrected or that the website or the server on which the website is hosted or any connected system are free of viruses or other harmful components.

2.3 References to other websites (Links)

This website may contain references to other websites (links), which in turn may reproduce content produced or made accessible by Deutsche Oppenheim's independent operators. Deutsche Oppenheim is not responsible for information on websites that can be accessed via links on this website and therefore assumes no liability for the content of third-party websites. This also applies to stock exchange, financial and other price-sensitive information that is transferred from systems of third-party providers to these websites online in real time or subject to a time delay.

Opinions or recommendations expressed on these independent websites are solely those of the providers or operators independent of Deutsche Oppenheim and do not represent the opinion or recommendation of Deutsche Oppenheim. The mere existence of a reference to such websites does not constitute a recommendation or any other form of confirmation by Deutsche Oppenheim in favour of such websites, their content or their operators.

2.4 Changes to the website

Deutsche Oppenheim reserves the right to change, suspend or completely cease operation of the website, including the services, information, features or functions offered on the website accessible within the scope of the intended website use at any time. Deutsche Oppenheim further reserves the right to limit the use of individual features, functions or services or to restrict access to parts or all of the website without prior notice.

3. Liability limitations

Users visit the website at their own risk. Users bear the sole responsibility and the sole risk of loss arising from the downloading of, access to or use of the website and/or its content.

Apart from the exception that liability cannot be excluded under applicable law and apart from liability for own grossly negligent conduct or intent,

(i) Deutsche Oppenheim, its respective licensors or other third parties making information or functionalities available on or through the website shall not be liable for any damages whatsoever arising out of (1) the information published on the website or (2) errors in or omissions from the website;

(ii) Deutsche Oppenheim, its respective licensors or other third parties making information or functionalities available on or through the website accept no liability whatsoever for losses arising from orders, investment decisions or the acquisition of goods or services by third parties (including financial instruments and foreign exchange) based on information made available on this website;

(iii) and under no circumstances may Deutsche Oppenheim, its respective licensors or any other third party making information or functionality available on or through this website be held liable for any damages whatsoever, whether direct, indirect, punitive, atypical or consequential, which result from the use of the website or its inability to be used, even if Deutsche Oppenheim, its respective licensors or other third parties making information or functionalities accessible on or through the website have been made aware of the possibility of such damage occurring or if such damage was foreseeable.

4. No solicitation, no advice

Unless otherwise agreed, 

(i) the content on this website does not constitute advertising, a contract offer or financial or any other advice. Deutsche Oppenheim does not enter into any contractual relationship with the user by providing content on this website and/or by the user accessing it. This website is not a substitute for advice on financial or other matters. No content on this website is to be understood as a recommendation to enter into or refrain from certain transactions without first obtaining individual advice that takes into account the user’s needs and overall situation. 

Accordingly, nothing on this website constitutes an offer that can be accepted by the user in such a way as to create contractual obligations for Deutsche Oppenheim without the need for Deutsche Oppenheim to add any further information (invitatio ad offerendum) 

(ii) the provision of information or functionality on this website does not constitute or imply any advice (including, without limitation, any advice regarding the execution of any transaction or any legal, tax or accounting advice or advice regarding the suitability or profitability of any security, investment or transaction); 

(iii) on this website Deutsche Oppenheim only makes available information and functionalities of a general nature which are not intended as financial, legal, tax or other advice and do not constitute an offer, a solicitation or recommendation of securities or other financial products or services. The information made available to users on this website may differ from that made available to other users or clients of Deutsche Oppenheim. The user should not solely rely on the information made available on this website and in any case seek additional independent professional advice, in particular as regards his financial, tax and / or legal needs, before making any investment decisions. The website does not necessarily include all criteria which are decisive for the purposes of the user or may not reflect important aspects for the user up to date. In addition to the products and services shown on this website, there are other products and services on the market which may be more suitable for the user's purposes. 

5. Miscellaneous

5.1 Applicable law and jurisdiction

Unless otherwise stipulated in contractual agreements, these terms of use are governed by German law and shall be construed in accordance with the laws of the Federal Republic of Germany.

5.2 Investment performance, returns

Information on this website regarding investments is based on past experience, from which no information regarding future earnings can be derived. The value of investments may rise or fall and investors must expect not to recover the amount invested. Products presented on this website are neither insured nor guaranteed by government authorities.

5.3 Scope of application

These Terms of Use apply in favour of Deutsche Oppenheim and of the other members of the Deutsche Bank group and also extend to their respective legal successors as well as their respective assignees and agents. If any rights arise from these Terms of Use, Deutsche Oppenheim or any member of the Deutsche Bank group may transfer such rights to any other of the aforementioned or other third parties.

5.4 Transfer of tasks

Deutsche Oppenheim reserves the right to have functions associated with the operation of the website performed by third parties.

5.5 Changes to the Terms of Use

Deutsche Oppenheim reserves the right to change or amend these Terms of Use at their discretion. Users should read these Terms of Use at the beginning of each visit to this website in order to familiarise themselves with possible changes.

5.6 No implied waiver

The non-exercise or delayed exercise of any rights by Deutsche Oppenheim may in no event be construed as a waiver of that right. The partial exercise of any right shall not preclude the further exercise of that right. The waiver of any right does not constitute a waiver or modification of any other right.

5.7 Contractual agreements

If contractual agreements between Deutsche Oppenheim and the user deviate from these Terms of Use, the contractual agreements shall take precedence.

5.8 Severability clause

If any provision or part of any provision of these Terms of Use shall become illegal, invalid or unenforceable under the laws of any jurisdiction at any time, this shall not affect the legality, validity or enforceability of the remaining provisions of these Terms of Use in that jurisdiction or in any other jurisdiction.

6. Copyright and trade mark

This website is copyright-protected.

Deutsche Oppenheim and its respective suppliers, if any, reserve all rights to all data, text, images, software and other elements (including multimedia elements) displayed on, distributed through or made available for downloading from this website or required for the provision of a function on this website (hereinafter referred to as “content”).

Use of and permission to use the site and its content does not grant any rights in the site or to the content the user. The user may copy or print these Terms of Use or other parts of the content solely for private, non-commercial purposes.

All such copies shall be subject to the limitations set forth in these Terms of Use and must include a copy of Deutsche Oppenheim's copyright notice.
Users may not download, display, reproduce, create derivative works from, transfer, sell, distribute, rent, lease, sublicense, loan or transfer the site or its content except as expressly permitted in these Terms of Use.

Users are prohibited from,

(i) using the website (including, without limitation, any third-party software, if any, which is used) to provide services to any third party;

(ii) modifying or removing Deutsche Oppenheim's or any of its suppliers' copyright notices;

(iii) using any trademarks, service or product names, domain names, logos or other identifying marks of Deutsche Oppenheim or any third party without the prior written consent of Deutsche Oppenheim or such third party;

(iv) except for the usual intermediate storage when viewing the relevant page, copy, download or store market information (such as securities prices, company news, stock exchange indices), distribute or permit access to this market information, or use this market data to generate an index, provided that this index can be used as a tradable instrument in the sense of a security.

Published by Deutsche Oppenheim Family Office AG,

Deutsche Oppenheim Family Office AG, Cologne.

All rights reserved.

7. Consumer arbitration boards

The administrator participates in dispute settlement procedurces of the following conumer arbitration boards „Ombudsmann of Private Banks“ (www.bankenombudsmann.de).

There, the client has the option of calling the ombudsman of the private banks to settle a dispute with the administrator. The "Rules of Procedure for the Arbitration of Customer Complaints in the German Banking Industry" regulate further details, which can be made available on request or can be downloaded from the Internet at www.bankenverband.de.

The complaint must be sent in text form (e.g. by letter, fax or email) to the customer complaint office at the Bundesverband deutscher Banken e. V., PO Box 040307, 10062 Berlin, Fax: (030) 1663-3169, E-Mail: ombudsmann@bdb.de.


8. Guideline on handling conflicts of interests

9. Information sheet of complaints

10. Deposit protection

Deutsche Oppenheim Family Office AG participates in the Deposit Protection Fund of the Association of German Banks (Bundesverband Deutscher Banken) Pursuant to its statute, the Deposit Protection Fund protects deposits of bank clients which the bank is required to repay under current law.

The protection does not extend to deposits which form part of a bank’s own capital or to liabilities from bearer or registered bonds.
Deposits held by creditors other than individuals or foundations having legal capacity are protected only if (i) the deposit is not a liability resulting from a registered bond or borrower’s note loan and (ii) the term of the deposit is 18 months at most.

The term limit will not apply to deposits which existed already before 1 January 2020. From 31 December 2019, this grandfathering provision will cease to apply as soon as the relevant deposit matures, can be cancelled or reclaimed in any other way or if the deposit is transferred by individual or universal succession.

Any bank liabilities existing before 1 October 2017 are subject to the provisions of the statute of the Deposit Protection Fund valid up to 1 October 2017. This grandfathering provision will cease to apply as soon as the relevant deposit matures, can be cancelled or reclaimed in any other way or if the deposit is transferred by individual or universal succession.

The protection limit is calculated on the basis of the bank’s capital as determined in the framework of the deposit protection scheme. The protection limit per creditor shall be equivalent to 20 % of a bank’s capital (within the meaning of Art. 72 of Regulation (EU) 575/2013) until 31 December 2019, to 15 % of a bank’s capital until 31 December 2024 and to 8.75 % of a bank’s capital from 1 January 2025. These dates apply to all deposits established or extended after 31 December 2011. For deposits established before 31 December 2011 the former protection limits will apply until the maturity or until the next possible calling date of the deposit.

We will provide information on the current protection limit on request. Alternatively, it is available at www.bankenverband.de.
Please see Section 6 of the statute of the Deposit Protection Fund for more details of the protection scheme; we will provide the document at your request.

11. Information on bank resolution procedures and creditor participations (bail-ins)

Based on lessons learned from the financial crisis of 2008, many countries have adopted rules for how banks at risk of default can be resolved in an orderly manner without involving taxpayers. Under these procedures, shareholders and creditors of a bank in distress may be r equired to bear a portion of the losses. The objective is to ensure that the bank can be resolved without the use
of public funds. You can find more information in the attached document.

Bail-in

Published by Deutsche Oppenheim Family Office AG, 
© Deutsche Oppenheim Family Office AG, Köln.

CIO View

This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume that you are happy with this. For more information about the cookies we use or to find out how you can disable cookies, see our Cookies Notice.

Other country

Other country