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NO PROSPECTUS IS REQUIRED IN ACCORDANCE WITH DIRECTIVE 2003/71/EC FOR THE ISSUE OF W&C SECURITIES DESCRIBED BELOW. Pricing Supplement dated 23 October 2014 Royal Bank of Canada (a Canadian chartered
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Who needs form of pricing supplement?

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Financial institutions: Various financial institutions such as banks, investment firms, and insurance companies often require the use of pricing supplement forms.
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Regulatory bodies: Regulatory bodies responsible for overseeing financial markets and ensuring transparency may use pricing supplement forms for compliance and reporting purposes.
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Investors: Individual or institutional investors who are considering investing in complex financial instruments may need to review pricing supplements to evaluate risks and potential returns.
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Accountants and auditors: Professionals responsible for financial reporting and auditing may rely on pricing supplements to understand the valuation and pricing of financial instruments.
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The form of pricing supplement is typically in a standardized template format provided by the regulatory authorities.
Financial institutions and issuers of securities are usually required to file the form of pricing supplement.
The form of pricing supplement is usually filled out by providing the required information in the designated fields of the template.
The purpose of the form of pricing supplement is to disclose specific pricing information related to securities offerings.
Information such as pricing details, terms of the offering, and other relevant financial data must be reported on the form of pricing supplement.
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