Terms of Use and Disclaimer

Access to and use of information published on this site are subject to the following Terms of Use and Disclaimer which you are requested to read carefully. Before you go ahead and visit this site you declare you have understood and accepted these Terms of Use and Disclaimer under which you may use the website www.scudoinvestimenti.sm. If you do not agree, please refrain from visiting the site and reading the information featured thereon.

1. Purpose of the site

The purpose of this site is to provide information to any user who has accepted to read the contents thereof in accordance with the terms of use set out below.

The material published on this site is in no way intended to be or represent an offer or invitation to the public to buy or sell financial services and products distributed by the owning company or its subsidiaries or associates. It is only meant to provide general information on the company’s products and services to individuals and entities referred to in the following point 2.

The owning company shall see that the data reported on this site is true and accurate. To this end, it shall provide regular updates. Delays or failure to provide such updates may however occur under exceptional circumstances.

2. Addressed users

The information provided in the various sections of this site is exclusively addressed to individuals and entities who are resident or have their registered office in countries where Scudo Investimenti SG SpA has been authorized to operate as asset management company. Currently, this asset management company has been licensed to carry on business only in the Republic of San Marino, and is subject to supervision by the Central Bank of the Republic of San Marino.
In no way does this site address individuals and entities who are resident or have their registered office in countries other than San Marino.

3. Nature of the information

The information featured on this site:

  1. is in Italian, the official language of the Republic of San Marino;
  2. may report the valuation of financial products and/or services in euro, legal tender of the Republic of San Marino;
  3. is not meant to negotiate or sell financial products or services but solely to inform the public;
  4. may refer to events and circumstances related to the international financial markets, as they are business sectors of interest;
  5. is exclusively published on a site having its domain in the Republic of San Marino.

4. Limitation of liability

Scudo Investimenti SG SpA does not warrant the full accuracy, timeliness, completeness or faultlessness of the information featured on this site, even if reported with the utmost care. Notably, the user is fully aware that the company shall in no way be held liable for damage or loss that may result from the direct or indirect use of the information contained in this site.

More generally speaking, the owning company shall assume no liability with respect to how the information featured on this site may be used.

5. E-mail and data/information transmission service

Scudo Investimenti SG SpA, owning company of this site, and/or its subsidiaries do not warrant the privacy and confidentiality of the information.

The e-mail service and any other service connected to data and/or information transmission may be prone to interference from sources foreign to the owning company. As a consequence, the information may not remain confidential.

The owning company of the site and/or its subsidiaries and associates may use procedures to trace website users who are resident of countries other than the Republic of San Marino and reject any further contacts.

6. Links

Scudo Investimenti SG SpA shall in no way be held liable for information featured on other linked websites.

7. Jurisdiction

All the information made public on this site, including the use thereof, shall be subject to the San Marino legislation. The Court of the Republic of San Marino shall have jurisdiction over any claim, abuse or violation connected to this site.

Your use of this website confirms that you have read and accepted these Terms of Use and Disclaimer.


SCUDO INVESTIMENTI SG SPA shall assume no responsibility for failure by users to observe these Terms of Use and Disclaimer.