Terms of Use

This site is published and operated by LFA Global Inc, a corporation organized under the laws of the State of Delaware, with its New York office at 875 Avenue of the Americas, New York, NY 10001. In these terms, "LFA," "we," "us" and "our" mean LFA Global Inc and, where the context requires, its affiliates, and "you" means the person or organization accessing the site.

By accessing or using the site you accept these terms. If you do not accept them, please do not use the site. You confirm that you are at least eighteen years old and that, where you act for an organization, you have authority to accept these terms on its behalf.

We may amend these terms. The version in force is the one published on this page, with the effective date shown at the top, and it applies to your use of the site from the date it is published. Please review this page periodically.

These terms do not govern the services LFA provides to clients. Those services are governed by the non-disclosure agreement, memorandum of understanding, engagement letter or other definitive agreement signed with that client. Where any of those documents conflicts with these terms, that document prevails for that engagement.

The content on this site, including capability descriptions, industry and regional pages, publications, briefings, commentary, event material and any forecast or scenario, is published for general information only. It is not advice, and it is not a recommendation to take or refrain from any action.

In particular, nothing on this site is legal, financial, investment, tax, insurance, security or regulatory advice, and nothing on it should be treated as a due diligence report, a country risk certification or an assessment of any specific transaction, counterparty or asset.

No advisory or client relationship is created by your use of the site, by subscribing to our publications, by attending an event or by sending an inquiry. A relationship with LFA arises only when both parties have signed a definitive agreement and any conditions in it, including our internal acceptance and compliance checks, have been satisfied.

You should not act on anything published here without obtaining professional advice appropriate to your circumstances. To the fullest extent permitted by law, LFA accepts no liability to anyone who relies on the content of this site.

LFA provides geopolitical, security and strategic advisory services. LFA does not provide investment advice, does not make recommendations regarding securities or other financial instruments, and does not act as a placement agent or provide brokerage, capital raising, asset management, fund marketing or investment research services. LFA is not registered as an investment adviser or as a broker-dealer with the U.S. Securities and Exchange Commission or under the laws of any state.

Accordingly, nothing on this site is, or should be construed as, investment advice, a recommendation to buy, sell or hold any security or other financial instrument, an offer to sell or a solicitation of an offer to buy any security or interest in any fund or investment vehicle, a solicitation of investment advisory or placement services, or a valuation, credit assessment, rating or suitability determination.

Content published on this site is commentary of general application. It is not tailored to the objectives, financial situation or particular needs of any person, and no person should rely on it as the basis for an investment or transactional decision. Any reference to a country, sector, asset, entity or project is analytical. Forward-looking statements, scenarios and probability language are not guarantees, and past developments are not indicative of future results.

Subject to these terms, LFA grants you a limited, personal, non-exclusive, non-transferable and revocable license to access the site and to view, download and print its content for your own internal business use or personal reference.

LFA expressly reserves all rights in the content of this site, including any reservation of rights against text and data mining and against automated collection for the training of machine learning models, whether asserted in these terms, in the machine-readable instructions published at the site's robots file or by any other means. All rights not expressly granted are reserved. Any use outside this license requires our prior written permission, which you may request at legal@lfa.co.

The site and everything on it, including text, analysis, methodologies, data compilations, graphics, photographs, video, page design, source code, and the LFA name, logo and other marks, is owned by LFA or licensed to us and is protected by copyright, trademark, database and other intellectual property laws.

You may quote short extracts from our publications in your own commentary provided the extract is not substantial, is not altered in a way that changes its meaning, is clearly attributed to LFA with a link to the original page, and is not used to endorse a product, service, campaign or political position.

The LFA name, logo and marks may not be used without our prior written consent. Third party trademarks appearing on the site remain the property of their owners, and their appearance does not imply any association with or endorsement of LFA.

If you believe material on this site infringes your rights, write to legal@lfa.co identifying the material, the right you hold and your contact details, and we will investigate promptly.

Publications and other analysis reflect the judgment of their authors at the date of publication. Geopolitical and security conditions change quickly. We are under no obligation to update any item, and content that remains available in an archive should be read as a record of that date rather than as a current assessment.

Analysis of this kind involves assumptions, incomplete information and judgment about future events. Forward-looking statements, scenarios and probability language are not guarantees, and outcomes may differ materially from any view expressed.

Where we describe past engagements, those descriptions are general and are published without identifying our clients or the confidential terms of our work. They are illustrative of the type of work we do and are not a representation that comparable results can be achieved in any other matter.

Some material is drawn from public and third party sources. We select sources with care but we do not warrant the accuracy, completeness or currency of information we did not create. Links to third party sites are provided for convenience only, do not imply endorsement, and are used at your own risk under the terms of those sites.

The contact form is the only channel for inquiries through this site. Please send only your name, organization, role, business email address, telephone number, country and a short description of your inquiry.

Do not send classified, export controlled, privileged or client confidential material through this site, and do not send personal information about other people beyond what is necessary.

Submissions through the contact form are delivered to LFA's general business inbox at info@lfa.co and are reviewed by LFA personnel. The site is not a secure transmission system and the form is not a confidential channel. If we take a matter forward, we will contact you directly by email and any exchange of confidential information will take place only after a non-disclosure agreement has been signed.

Sending an inquiry does not create a confidentiality obligation on LFA, does not place us under any non-disclosure agreement and does not create any advisory or client relationship. Until a non-disclosure agreement or a definitive agreement is signed, material you send is received on a non-confidential basis. We may also be unable to accept an inquiry where it would create a conflict with existing client work.

If you send us feedback, suggestions or ideas about our services or this site, you grant LFA a perpetual, irrevocable, worldwide, royalty-free, transferable and sublicensable license to use them for any purpose without obligation or compensation to you, and you waive any moral rights in them to the extent they may be waived. Please do not send us ideas you expect to be treated as confidential or to be paid for.

Internet communication is not fully secure. We cannot guarantee that a message sent to us through the site will not be intercepted, and you send it at your own risk.

Registration for an LFA briefing, roundtable or conference is personal to you and may not be transferred without our consent. Places are limited and we may decline or cancel a registration at our discretion, including where a compliance check requires it. Events may operate under the Chatham House Rule or a stricter confidentiality standard, which will be stated at the time. Where a session is recorded or photographed we will tell you in advance, and by attending you consent to that recording or photography.

Where an event is hosted by a venue, co-host or partner organization, registration may be handled by that organization. In that case its terms and its privacy notice govern the registration, and the notice provided at the point of registration applies rather than this site's Privacy Policy.

We may suspend or block access to the site at any time and without notice where we consider it necessary to protect the site, our clients or our people. We reserve the right to report suspected criminal activity to the competent authorities and to cooperate with them.

LFA conducts its business in accordance with applicable sanctions, export control, anti-money laundering, anti-bribery and anti-corruption laws, including those administered by the Office of Foreign Assets Control of the United States Department of the Treasury, the Export Administration Regulations, the International Traffic in Arms Regulations and the Foreign Corrupt Practices Act, together with equivalent regimes in other jurisdictions in which we operate. All prospective clients, counterparties and candidates are subject to screening before we accept work. LFA does not offer or accept improper payments or advantages of any kind.

Where an engagement would require a registration, license, authorization or filing under any of those regimes, LFA obtains it before performing the services to which it relates.

By using this site you confirm that you are not a person or entity with whom LFA is prohibited from dealing under those regimes, that you are not acting on behalf of such a person or entity, and that you will not use the site or any content obtained from it in breach of any sanctions or export control law.

Access to certain content, events or services may be restricted by nationality, residence or jurisdiction. Nothing on this site is an offer to provide services where doing so would breach any law applicable to LFA or to you.

The site and its content are provided on an as is and as available basis. To the fullest extent permitted by law, LFA disclaims all warranties, express, implied or statutory, including any implied warranty of merchantability, fitness for a particular purpose, title, accuracy and non-infringement.

We do not warrant that the site will be uninterrupted, timely, secure or error free, that defects will be corrected, that the site or the servers that make it available are free of harmful components, or that the content is accurate, complete or current. We may change, suspend or withdraw the site or any part of it at any time without notice.

Some jurisdictions do not allow the exclusion of certain warranties. Where that is the case, the exclusions above apply only to the extent permitted by the law applicable to you.

To the fullest extent permitted by law, LFA, its affiliates and their respective directors, officers, employees, contractors and agents will not be liable for any indirect, incidental, special, consequential, exemplary or punitive damages, or for any loss of profit, revenue, business, opportunity, goodwill, data or anticipated saving, arising out of or in connection with your use of, or inability to use, this site or its content, whether the claim is brought in contract, tort, including negligence, statute or otherwise, and whether or not we were advised of the possibility of such loss.

To the fullest extent permitted by law, our total aggregate liability arising out of or in connection with the site and these terms is limited to one hundred United States dollars.

Nothing in these terms excludes or limits liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any other liability that cannot lawfully be excluded or limited. Some jurisdictions do not allow the exclusion or limitation of certain damages, so parts of this section may not apply to you.

You agree to indemnify and hold harmless LFA, its affiliates and their respective directors, officers, employees, contractors and agents from and against any claim, demand, loss, liability, damage, cost or expense, including reasonable legal fees, arising out of or in connection with your use of the site, your breach of these terms, your infringement of the rights of any third party, or your breach of any applicable law.

We reserve the right to assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate with our defense of that claim.

Personal information collected through this site is handled in accordance with our Privacy Policy, which forms part of these terms. Please read it before submitting any information to us. Cookies and similar technologies are used as described in that policy.

LFA aims to make this website usable by as many people as possible, including through keyboard navigation, visible focus states, text alternatives for images, sufficient color contrast and content that reflows on smaller screens. If you encounter a barrier on this site, or need a document in an alternative format, write to info@lfa.co with the page address and a short description of the problem, and we will respond.

These terms and any dispute or claim arising out of or in connection with them or with your use of the site, including non-contractual disputes, are governed by the laws of the State of New York, without regard to its conflict of law rules.

The state and federal courts located in New York County, New York have exclusive jurisdiction, and you consent to personal jurisdiction and venue there.

Any claim arising out of or relating to the site must be brought within one year after the cause of action arises, unless the applicable law requires a longer period.

Entire agreement

These terms and the Privacy Policy are the entire agreement between you and LFA in relation to the site and replace any previous understanding on that subject. No other page, statement or notice on the site forms part of this agreement unless it says expressly that it does.

Severability

If any provision is found to be invalid or unenforceable, it will be modified to the minimum extent necessary or severed, and the remaining provisions will continue in full force.

No waiver

A failure to enforce a provision is not a waiver of it or of any other provision.

Assignment

You may not assign or transfer your rights under these terms. LFA may assign them to an affiliate or in connection with a merger, acquisition or reorganization.

Force majeure

LFA is not liable for any failure or delay caused by events beyond our reasonable control, including power or network failure, cyber attack, conflict, civil disturbance, natural disaster or act of a public authority.

No third party rights

No person other than you and LFA has any right to enforce these terms.

Electronic communications

You consent to receive communications from us electronically, and you agree that electronic communications satisfy any legal requirement that a communication be in writing.

Language

These terms are published in English, and the English text governs.

Survival

The sections on no advisory relationship, scope of services, permitted use, intellectual property, publications, the contact form, sanctions, disclaimer of warranties, limitation of liability, indemnification, privacy, governing law and these general provisions survive any termination of your use of the site.

LFA Global Inc

General inquiries: info@lfa.co

Legal, privacy and compliance

Questions about these terms, requests for permission to use our content and notices of alleged infringement: legal@lfa.co

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875 Avenue of the Americas, New York, NY 10001