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Broker To Broker Referral Agreement
"I need a Broker to Broker Referral Agreement for my securities trading firm in Malaysia to receive client referrals from a property broker, with a 15% commission structure and strict confidentiality provisions to protect client data."
1. Parties: Identification of the referring broker and receiving broker, including licensing details and registered addresses
2. Background: Context of the agreement and brief description of the parties' businesses and intention to establish a referral relationship
3. Definitions: Key terms used throughout the agreement, including 'Referred Client', 'Referral Fee', 'Services', etc.
4. Scope of Agreement: Details of the referral arrangement, including types of clients and services covered
5. Referral Process: Step-by-step process for making and accepting referrals
6. Regulatory Compliance: Obligations to comply with Malaysian financial regulations and maintaining necessary licenses
7. Compensation Structure: Terms of referral fees, calculation methods, and payment procedures
8. Representations and Warranties: Each party's assertions regarding their authority, licenses, and capacity to perform
9. Confidentiality: Protection of confidential information and client data
10. Term and Termination: Duration of agreement and circumstances for termination
11. General Provisions: Standard clauses including governing law, notices, and amendment procedures
1. Non-Solicitation: Restrictions on directly soliciting referred clients, used when parties want additional protection
2. White Labeling: Terms for using each other's branding, included when services will be white-labeled
3. Training and Support: Details of any training or support provided between parties, included for complex service arrangements
4. Insurance Requirements: Specific insurance coverage requirements, included for high-risk referral arrangements
5. Dispute Resolution: Specific dispute resolution procedures, included when parties prefer alternative dispute resolution methods
6. Cross-Border Provisions: Additional terms for international referrals, included when dealing with foreign brokers
1. Schedule A - Referral Fee Structure: Detailed breakdown of fee calculations, tiers, and payment terms
2. Schedule B - Referral Process Workflow: Detailed step-by-step procedures for handling referrals
3. Schedule C - Required Documentation: List of documents required for client referrals and compliance
4. Schedule D - Approved Services: Comprehensive list of services covered under the referral arrangement
5. Appendix 1 - Contact Information: Key contact persons and their details for both parties
6. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and verification procedures
Authors
Financial Services
Securities Trading
Investment Banking
Insurance
Real Estate
Commodities Trading
Wealth Management
Asset Management
Corporate Finance
Investment Advisory
Legal
Compliance
Business Development
Operations
Risk Management
Client Relations
Finance
Partnership Development
Regulatory Affairs
Executive Leadership
Compliance Officer
Legal Counsel
Business Development Manager
Relationship Manager
Chief Operating Officer
Broker-Dealer
Financial Services Manager
Risk Manager
Operations Manager
Partnership Manager
Compliance Manager
Managing Director
Chief Executive Officer
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