Terms of use


General terms and conditions of use for registered users of www.dbresearch.com


I. Comment function


On www.dbresearch.com (the “Website”), registered users may submit comments pertaining to Deutsche Bank Research postings and enable them to be read by other users of Deutsche Bank Research output. Such comments solely reflect the users’ personal views and opinions. Deutsche Bank AG and its affiliates (“DB”) are not responsible for third-party postings expressed as comments, regardless of their content.

The prerequisite for using the comment function is authorised access as a user of the Website. If you do not yet have authorised access, you must register on the Website. This will enable you not only to post comments but also to manage your Deutsche Bank Research subscriptions.

Whenever a user submits a comment, DB is granted a right of use to publish and reproduce this content on the Website. Publication and reproduction are at the sole discretion of DB.

The Deutsche Bank Research team requests that your comments on posted content be of a creative, critical and/or constructive nature. DB reserves the right to check all contributions before publication as to their form and content and likewise reserves the right not to publish them or else to restrict them should they contravene applicable laws or offend common decency. Furthermore, DB has the right to exclude from the comment function such users who do not comply with the rules set out here.

Content of the following nature in particular will result in DB removing or not publishing third-party contributions: sexual harassment, statements harmful to young persons, insults and abuse, threats, discrimination, anti-Semitic and racist statements, any type of expression punishable by law, and libellous as well as defamatory/business-damaging content. Furthermore, contributions may be rejected if their content does not make sense and they are obviously only meant to disturb or provoke unnecessarily. It is also forbidden to submit commercial advertising or infringe on any copyright or other intellectual property. Users who contravene these rules must reckon with the withdrawal of their rights of use and the forwarding of their data to the relevant criminal authorities and the injured parties. Embedded hyperlinks to other websites must not lead to advertisements or other commercial offers, chat rooms, forums, or pages containing illegal content.


II. Electronic information services


Registering for electronic information services such as e-mail subscriptions or newsletters is done by e-mail by means of the so-called double opt-in procedure. You register for this service by sending us your e-mail address. Subsequently, an e-mail will automatically be sent to you at the given address. By using the temporary password in this e-mail you reconfirm your registration for this service. It is only then that the account will be activated. This procedure precludes the possibility of a user registering a third party’s e-mail address for our services by mistake or without being authorised to do so.

Upon successful registration you will receive the selected electronic information package as a service offer from Deutsche Bank AG, Deutsche Bank Research, for which there is no charge. You may terminate the sending of electronic information to your address at any time and without any notice period. To cancel a service that has been ordered please click on the Unsubscribe link in the e-mail of delivery. If there is any change to your contact data please click on the menu items Service - Personal data on the upper right-hand side of the website.

Use of the content is governed by the related terms and conditions of use for the Website as well as by the particular legal notices pertaining to the respective content.


III. General rules


DB has the right to change this Website and related services in whole or in part as well as to restrict, interrupt or discontinue its operation at any time.

No guarantees shall be made for data security during transmissions via internet or e-mail. There is a risk that information contained in an e-mail and its attachments – including confidential information – may be intercepted or destroyed during transmission, may go astray or arrive late. Even though Deutsche Bank AG will take appropriate measures to mitigate this risk, users themselves are responsible for the security of their IT environment and the means of communication used.

DB shall not provide any guarantee that the Website will be available to users at any specific time. In particular, DB shall not give any guarantees covering the event of disruptions, interruptions or possible discontinuation of its service offer, nor that the content submitted by users will be permanently stored or permanently available.

If at any time a provision (or part of a provision) of these terms and conditions is deemed or becomes illegal, invalid or not enforceable according to the norms of a given legal system, the legality, validity or enforceability of the other provisions (or the other parts of such provision) of these terms and conditions shall not be affected in this or any other legal system.

These terms and conditions are governed exclusively by German law. Every private user who is not a resident of one of the countries in which Council Regulation (EC) No. 44/2001 of December 22, 2000 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters finds application or which are party to the Lugano Convention of September 16, 1988 on jurisdiction and the enforcement of judgments in civil and commercial matters, and have ratified the same, as well as all commercial users are subject in cases of legal disputes in connection with these terms and conditions to the exclusive jurisdiction of the competent court in Frankfurt am Main, Germany.

DB reserves the right to modify or amend these terms and conditions of use from time to time with effect in the future. Any relevant changes will be posted on the Website or users will be informed via e-mail for their review.

If you should discover any content that might violate these terms and conditions of use or if you should have any other questions regarding these terms and conditions, you may approach Deutsche Bank Research as the contact responsible for this service.


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