The Data and the Analysis, which has not been independently verified, is provided for informational purposes only and should not be construed as investment, tax, or any other type of financial or other advice, recommendation or benchmark.

While the Analysis has been prepared in good faith, no promise, representation (whether made innocently or negligently), warranty, assurance or undertaking (express or implied) is or will be made, and no duty of care, responsibility or liability is or will be accepted by Mosaic Smart Data Limited or its licensors (which include CLS Services Ltd and Mitsubishi UFG Financial Group) or any of their respective officers, employees or agents in relation to the adequacy, accuracy, completeness or reasonableness of the Data or the Analysis. All and any such duty, responsibility and liability is expressly disclaimed and Mosaic Smart Data Limited and its licensors accept no liability for loss or damage resulting from the use of the Data and the Analysis, except for that which cannot be expressly excluded by law (and it is acknowledged that liability for, or a remedy in respect of, fraud cannot be excluded).

In particular, but without prejudice to the generality of the foregoing, past occurrences or transactions are not indicative of future occurrences or transactions and no promise, representation (whether made innocently or negligently), warranty, assurance or undertaking is given as to the achievement or reasonableness of any future projections, estimates, prospects or returns contained in the Analysis.

No information set out or referred to in the subscription process or on our website shall form the basis of any contract and Mosaic Smart Data Limited gives no undertaking to provide the subscriber with access to any additional information or to update the Data or the Analysis or any additional information, or to correct any inaccuracies which may become apparent.

The Data and Analysis is being made available from the United Kingdom for use by financial institutions and corporations only.  This is not for consumer use or for use by non-financial services businesses. Subscribers in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements. The invitation to subscribe for our Analysis does not constitute an offer to sell or an invitation to purchase securities in any jurisdiction.