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Terms and Conditions

ISI Emerging Markets Group

1. About Us

1.1 Please refer to our Website Terms of Use for details of the ISI Markets https://www.isimarkets.com/terms-of-use.html

2. Our Contract With You

2.1 Our Contract: These Terms & Conditions (“Terms”) apply to the order by you and the supply of Services by us to you (Contract). If you do not agree with or accept these Terms, your order will not be fulfilled, and you will not be granted access to the Services. The Terms apply to the exclusion of any other terms that you seek to impose or incorporate, or which are implied by law or course of dealing.

2.2 Entire Agreement: The Contract is the entire agreement between you and us in relation to its subject matter. You acknowledge that you have not relied on any statement, promise or representation or assurance or warranty that is not set out in the Contract.

2.3 Your Copy: You should print off a copy of these Terms or save them on your computer for future reference.

2.4 Our Website subscription Services are available exclusively through our official websites and are provided directly by ISI. Except previously advised, we do not authorise any third parties, agents, resellers, or distributors to offer, sell, or facilitate access to our Services. You are strictly advised not to engage with or subscribe to our Services via any individual or platform claiming to act on behalf of ISI, including but not limited to unauthorised listings on third-party marketplaces such as Taobao, Xianyu or similar platforms. ISI assumes no responsibility or liability for any loss, damage, or issues arising from subscriptions or transactions made through such unauthorised channels. To ensure the integrity and authenticity of our Services, always verify that you are dealing directly with ISI via our official website.

3. Definitions

3.1 “You/Your”: means Registered Flex Users accessing the Website and using a Service.

3.2 “We/Us/Our”: means ISI Markets and/or its affiliates.

3.3 “Registered Flex Users”: means legitimate academic users with verification from associated academic institution.

3.4 “Content”: means the Website and all intellectual property rights in it, including but not limited to, any text, logo, images, video, audio or other multimedia content, software or other information or material on the Website.

3.5 “Services”: means (a) An online electronic information service providing access to subsets of macroeconomic and financial information offered under the CEIC brand, including the ability to download limited datasets.

3.6 “Visitor” means a user who accesses our Website without registration or subscription.

4. Placing An Order And Its Acceptance

4.1 Placing Your Order: Please follow the onscreen prompts to place your order. You may only submit an order using the method set out on the website. Each order is an offer by you to purchase our Services subject to these Terms.

4.2 Acknowledging Receipt Of Your Order: After you place your order, you will receive an email from us acknowledging that we have received it. Our acceptance of your order will take place as described in Clause 4.3.

4.3 Accepting Your Order: Our acceptance of your order takes place when we send an email to you to accept it (Order Confirmation) , at which point and on which date (Commencement Date) the Contract between you and us will come into existence. The Contract will relate only to those Services confirmed in the Order Confirmation.

5. Limitations and Restrictions on Use

5.1 You agree that you are solely responsible for keeping your password and other account details confidential and not disclosing it to any third party. We reserve the right to disable any password at anytime if we reasonably believe that you have not complied with the Terms.

5.2 You may not: 
 

  • (a) use, reproduce, modify, transfer, exploit, distribute or dispose of any Content or data derived partially or wholly from any Content for any commercial purposes
  • (b) access, reference, incorporate or integrate any Content in any internal system or any product or service that is not available exclusively to you
  • (c) distribute any derived works or analytics based on the Content from any devices to an unauthorised user;
  • (d) modify, manipulate, disassemble, decompile or reverse engineer any Content;
  • (e) license, lease, duplicate, disclose, rent, transfer, permanently retain, distribute or allow an unauthorised user to access to the Content;
  • (f) permit anyone else to use any Content in connection with the creating, managing, advising, writing, trading, marketing or promotion of any securities or financial instruments or products, including, but not limited to, funds, synthetic or derivative securities (e.g., options, warrants, swaps, and futures), whether listed on an exchange or traded over the counter or on a private-placement basis or otherwise or to create any indices (custom or otherwise); and

 

5.3 use the Content in any manner for training or development of artificial intelligence technologies, tools or machine learning language models; and download or copy the Content or any portion thereof and using the downloaded or copied information in connection with artificial intelligence technologies, tools or machine learning language models to generate data or content and/or synthesise or combine it with any other data or content. Subject to the limitations in Clause 5.2 above you may;

  • (a) retrieve and display Content on a computer screen or other digital device, print copies of individual pages on paper and store such pages in electronic form on other digital media (but not on any server or other storage device connected to a network); and
  • (b) use the "Email this story to a friend" option where the facility is available to email an article from our Website to other individuals without further charge, provided such other individuals also comply with the restrictions on use in Clause 5.2 above.

 

5.4 Notwithstanding Clause 5.2, you may quote from or paraphrase extracts of the Content to the extent permitted and strictly in accordance with any applicable Specific Terms, or as otherwise permitted by law, on the condition that appropriate source and copyright attribution is given in each case.

5.5 The trademarks CEIC, EMIS, EPFR, REDD and ISI are the property of ISI Markets and other trademarks/logos appearing on our Website may belong to third parties. None of these marks may be used without the express prior written permission of the respective owners.

5.6 Save for where provided otherwise in these Terms, distributing, sharing, copying, selling, publishing, retransmitting or otherwise providing access to any part of the Content to anyone without our express prior written permission, is not authorised and may be a violation of national copyright laws, including without limitation 17 United States Code 101 et seq, and the UK Copyright, Designs and Patents Act 1988.

5.7 All information exchanged under or in connection with this Website is to be held in strict confidence. Users shall not disclose, reproduce, or use any confidential information unless authorised in writing.

5.8 Any request for permission to republish, reprint or use any articles from any of our Websites or our trade marks for any purpose other than those permitted under this Clause 5 (or any relevant Specific Terms) should be sent to enquiries@isimarkets.com .

5.9 We seek to make the Website as accessible as possible. If you have any difficulties using the Website, please contact us at enquiries@isimarkets.com.

6. Registered Flex Users

6.1 This Clause 6 applies to our Registered Flex Users whom we support with their research and academic activities.

6.2 Registered Flex Users must:

  • (a) Be actively enrolled, employed by, or working on behalf of the educational institution that is associated with the email of their user account; and agree to discontinue using our data immediately where there is no longer an affiliation with the educational institution in the manner described within this Clause.
  • (b) Expunge our data from their systems upon expiry of the agreed term.

 

6.3 In no event shall our Registered Flex Users:

  • (a) Use our data for commercial purposes;
  • (b) Share their individual account with another user;
  • (c) Add our data in a shared database that can be accessed by other users

 

6.4 ISI may, at its sole discretion, discontinue the Services at any time upon reasonable notice. In such cases, ISI will provide a pro-rata refund based on the unused portion of the service term already paid for, calculated from the date of discontinuation to the end of the original subscription period.

7. Fees

7.1 In consideration of us providing the Services you must pay our fees (Fees) in accordance with this Clause 7.

7.2 The Fees are the prices quoted on our website at the time you submit your order.

7.3 If you wish to change the scope of the Services after we accept your order, and we agree to such change, we will modify the Fees accordingly.

7.4 We reserve the right to increase the Fees on an annual basis with effect from each anniversary of the Commencement Date in line with the percentage increase in the Retail Prices Index in the preceding 12-month period and the first such increase shall take effect on the first anniversary of the Commencement Date and shall be based on the latest available figure for the percentage increase in the Retail Prices Index .

7.5 Our Fees are exclusive of VAT. Where VAT is payable in respect of some or all of the Services you must pay us such additional amounts in respect of VAT, at the applicable rate, at the same time as you pay the Charges.

8. How To Pay

1.1 Payment for the Services is by registered credit card or your registered PayPal account, and will be charged automatically monthly or annually, subject to your purchase order.

9. Changes To Our Terms

9.1 We reserve the right, and without prior notice to revise and update these Terms from time to time in our sole discretion. All changes are effective immediately when we post them and apply to all access to and use of the Website thereafter. Your continued use of the Website following the posting of revised Terms of Use means that you accept and agree to the changes. You are expected to check this page from time to time so you are aware of any changes, as they are binding on you.

9.2 While we try to make sure that the Website is available for your use, we do not promise that the Website is available at all times, nor do we promise the uninterrupted use by you of the Website.

10. Changes to Website

10.1 We may update and change our Website from time to time to reflect changes to our products, our users' needs and our business priorities.

11. Termination and Survival

11.1 Termination. Without limiting any of our other rights, we may suspend the performance of the Services, or terminate the Contract with immediate effect by giving written notice to you if:

  • a) you commit a material breach of any term of the Contract and if such a breach is remediable, you fail to remedy that breach within 7 days of you being notified in writing to do so; or
  • b) you fail to pay any amount due under the Contract on the due date for payment.

 

12. Survival. Any provision of the Contract that expressly or by implication is intended to come into or continue in force on or after termination will remain in full force and effect.

13. Ownership, Use and Intellectual Property Rights

13.1 The Content is owned by us, our Group Companies or our third party content providers (as applicable) and are protected by Intellectual Property laws of all applicable countries. Intellectual property rights mean rights such as: copyright, trademarks, domain names, design rights, database rights, patents and all other intellectual property rights of any kind whether or not they are registered or unregistered (anywhere in the world). We and our Group Companies or our third party content providers reserve all of our and their rights in any intellectual property in connection with these Terms. This means, for example, that we and they remain owners of them and free to use them as we and they see fit.

13.2 Nothing in these Terms grants you any legal rights in the Website other than as necessary to enable you to access the Website for your legitimate personal and/or business needs. You agree not to adjust, to try to circumvent or delete any notices contained on the Website (including any intellectual property notices) and in particular in any digital rights or other security technology embedded or contained within the Website.

14. Submitting Information to the Website

14.1 While we try to make sure that the Website is secure, we cannot guarantee the security of any information that you supply to us and therefore we cannot guarantee that it will be kept confidential. For that reason, you should not let us have any patentable ideas or patent applications, advertising or marketing suggestions, prototypes, or any other information that you regard as confidential, commercially sensitive or valuable ("Unwanted Submissions"). While we value your feedback, you agree not to submit any Unwanted Submissions.

14.2 We may use any Unwanted Submissions as we see reasonably fit on a free-of-charge basis (bear in mind that we have no way of knowing whether such information is confidential, commercially sensitive or valuable because we do not monitor the Website to check for these matters). Therefore, we will not be legally responsible for keeping any Unwanted Submissions confidential nor will we be legally responsible to you or anybody else for any use of such Unwanted Submissions.

15. Hyperlinks and Third Party Websites

15.1 The Website may contain hyperlinks or references to third party websites other than the Website. Any such hyperlinks or references are provided for your convenience only. We have no control over third party websites and accept no legal responsibility for any content, material or information contained in them. The display of any hyperlink and reference to any third party website does not mean that we endorse that third party's website, products or Services. Your use of a third party site may be governed by the terms and conditions of that third party site.

15.2 You may create a link from your website to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it. You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. You must not establish a link to our Website in any website that is not owned by you. Our Website must not be framed on any other site, nor may you create a link to any part of our Website other than the home page.

15.3 Deep Linking or Framing is not permitted without our express prior written permission. You must seek and obtain our express prior written permission before Deep Linking or Framing our Website or any Content contained herein by contacting us and providing us with: 
(a) your name, email address and telephone number;
(b) the name of your company;
(c) the web address(es) where the proposed Deep Linking or Framing will occur; and
(d) specific details about the contemplated Deep Linking or Framing. ISI reserves the right, in its sole discretion, to terminate a link on any website for any reason, or no reason at all, including without limitation any website that ISI deems to be inappropriate or inconsistent with this Website.

Your Personal Information

16.1 We will use any personal information you provide to us to:
(a) provide the Services; 
(b) process your payment for the Services; and
(c ) inform you about similar products or services that we provide, but you may stop receiving these at any time by contacting us.

16.2 We will process your personal information in accordance with our Privacy policy, the terms of which are incorporated into this Contract.

17. Limitation of Liability

17.1 TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL ISI, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE WEBSITE, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE WEBSITE OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, EVEN IF FORESEEABLE.

17.2 THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

18. Indemnification

You agree to defend, indemnify, and hold harmless ISI, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys’ fees) arising out of or relating to your violation of these Terms or your use of the Website, including, but not limited to any use of the Website’s content, Services, and products other than as expressly authorized in these Terms or your use of any information obtained from the Website.

19. Disclaimer

19.1 Content is provided for your general information purposes only. It does not constitute technical, financial or legal advice or any other type of advice and should not be relied on for any purposes. We do not assume any liability for the accuracy, completeness, usage or usefulness of Content. Furthermore, we cannot promise that the Website will be fit or suitable for any purpose. Any reliance that you may place on information on the Website or Content made available through the Website is at your own risk.

19.2 Content on the Website may be supplied by third parties. We do not have any control over third party content on the Website and any statements, opinions, or advice provided by those third parties are those of the respective authors and not ours. These third party content may be subject to their additional usage restrictions. By accessing such content, you agree to comply with any such additional terms made available by ISI or on the third party’s website.

19.3 To the extent permitted by applicable law, we exclude all conditions, warranties, representations or other terms about any of the Content on this Website or any Content accessed through the Website, whether express or implied by statute, common law or otherwise.

19.4 We will not be liable for any loss or damage (whether direct or indirect) caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our Website or to your downloading of any content on it, or on any website linked to it.

19.5 If any provision of these Terms (or part of any provision) is or becomes illegal, invalid or unenforceable, the legality, validity and enforceability of any other provision of these Terms shall not be affected.

20. Events Beyond Our Control

We shall have no liability to you for any breach of these Terms caused by any event or circumstance beyond our reasonable control including, but not limited to, strikes, lock-outs or other industrial disputes; breakdown of systems or network access; or flood, fire, explosion or accident.

21. Rights to Third Parties

No one other than a party to these Terms has any right to enforce any of these Terms.

22. Governing Law & Jurisdiction

These Terms, and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims), will be governed by, and construed in accordance with the laws of England and Wales. Each party irrevocably agrees that the courts of England and Wales will have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms or their subject matter or formation (including non-contractual disputes or claims).

23. Sanctions

You represent and warrant that you are not subject to any sanctions and that you do not access the Website from any restricted or embargoed territory. ISI reserves the right to suspend or terminate your access if you or your organisation is found to be in violation of any applicable sanction laws.

Last Updated : July 2025