This document discusses a company that invests in non-performing loans, receivables, bankruptcies, and claims. Over the past 15 years, the company has acquired 23 portfolios totaling over 234 million euros. The company's servicing includes a team of collection and contact specialists, skip tracing functionality, and pre-legal and judicial support. The company manages over 60,000 payments per year and collects over 1 million euros per month.
Genesis Alpha Holdings Ltd is a company based in Larnaca, Cyprus that provides services for company incorporation and administration. Their team includes a CEO with an MA in Law, a shareholder with an MA in Finance and Business, and a senior manager with an MA in Law. They offer services such as company incorporation, bookkeeping, payroll, auditing, legal consulting, immigration services, investment consulting, office rentals, staff recruitment, and assistance with obtaining banking and offshore licenses.
The document provides information about Bonn Steichen & Partners, a Luxembourg law firm:
- It has over 70 professionals and offers full-service legal services to domestic and international clients across various areas of Luxembourg law.
- The firm develops long-term relationships with clients and takes advantage of synergies between departments to ensure consistent high-quality service.
- BSP aims to create value for clients by combining expertise from various professionals and adapting to new laws and business environments.
WM-Housing-Litigation-and-Management-LeafletKarl Anders
The document provides information about Walker Morris LLP's housing litigation and management department. The department has 7 lawyers focused on residential landlord and tenant law, led by Partner Karl Anders who has over 20 years of experience. They represent national public and private landlords, lenders, letting agencies, and receivers. Their services include possession claims, injunctions, lease issues, disputes, and tribunal applications. They have a case management system called FreeHome that provides landlords with a fast and cost-effective repossession process. As part of their partnering approach, they also provide additional support services to clients.
www.lawyersgreece.eu provides legal assistence in different matters.
LawyersGreece.eu is experienced lawyers team with a big experience in commercial and corporate law.
LawyersGreece.eu is a part of BridgeWest.eu
http://www.bridgewest.eu is an international company specialized in business incorporation
061124 Presentation Acquisition of Swiss Company TOSI GZAEiger Law
The document outlines the key steps involved in acquiring a Swiss company:
1. Due diligence is conducted to evaluate the target company and identify any risks or liabilities.
2. A purchase agreement is negotiated which precisely outlines the assets and liabilities being transferred in the acquisition.
3. Various notification requirements must be met, including disclosure obligations to stock exchanges if publicly listed, as well as notifications to competition authorities if turnover thresholds are met.
4. After closing and signing, the acquisition is implemented with minimal involvement from authorities needed beyond adjusting commercial registers and electing a new board of directors.
Can Company Assets Provide Inflation Protection?Redington
This document discusses whether company assets can provide inflation protection for pension schemes. It presents recent examples of UK companies that have used asset-backed structures and transfers of business assets to support pension funding. These transactions typically involve placing company assets in a special purpose vehicle, with the pension scheme receiving income from the assets and security over some of them. The document considers sources of inflation-linked assets on company balance sheets such as property, PFI contracts, inventory, brands, subsidiaries, and intellectual property that could potentially be used in this way.
This document discusses a company that invests in non-performing loans, receivables, bankruptcies, and claims. Over the past 15 years, the company has acquired 23 portfolios totaling over 234 million euros. The company's servicing includes a team of collection and contact specialists, skip tracing functionality, and pre-legal and judicial support. The company manages over 60,000 payments per year and collects over 1 million euros per month.
Genesis Alpha Holdings Ltd is a company based in Larnaca, Cyprus that provides services for company incorporation and administration. Their team includes a CEO with an MA in Law, a shareholder with an MA in Finance and Business, and a senior manager with an MA in Law. They offer services such as company incorporation, bookkeeping, payroll, auditing, legal consulting, immigration services, investment consulting, office rentals, staff recruitment, and assistance with obtaining banking and offshore licenses.
The document provides information about Bonn Steichen & Partners, a Luxembourg law firm:
- It has over 70 professionals and offers full-service legal services to domestic and international clients across various areas of Luxembourg law.
- The firm develops long-term relationships with clients and takes advantage of synergies between departments to ensure consistent high-quality service.
- BSP aims to create value for clients by combining expertise from various professionals and adapting to new laws and business environments.
WM-Housing-Litigation-and-Management-LeafletKarl Anders
The document provides information about Walker Morris LLP's housing litigation and management department. The department has 7 lawyers focused on residential landlord and tenant law, led by Partner Karl Anders who has over 20 years of experience. They represent national public and private landlords, lenders, letting agencies, and receivers. Their services include possession claims, injunctions, lease issues, disputes, and tribunal applications. They have a case management system called FreeHome that provides landlords with a fast and cost-effective repossession process. As part of their partnering approach, they also provide additional support services to clients.
www.lawyersgreece.eu provides legal assistence in different matters.
LawyersGreece.eu is experienced lawyers team with a big experience in commercial and corporate law.
LawyersGreece.eu is a part of BridgeWest.eu
http://www.bridgewest.eu is an international company specialized in business incorporation
061124 Presentation Acquisition of Swiss Company TOSI GZAEiger Law
The document outlines the key steps involved in acquiring a Swiss company:
1. Due diligence is conducted to evaluate the target company and identify any risks or liabilities.
2. A purchase agreement is negotiated which precisely outlines the assets and liabilities being transferred in the acquisition.
3. Various notification requirements must be met, including disclosure obligations to stock exchanges if publicly listed, as well as notifications to competition authorities if turnover thresholds are met.
4. After closing and signing, the acquisition is implemented with minimal involvement from authorities needed beyond adjusting commercial registers and electing a new board of directors.
Can Company Assets Provide Inflation Protection?Redington
This document discusses whether company assets can provide inflation protection for pension schemes. It presents recent examples of UK companies that have used asset-backed structures and transfers of business assets to support pension funding. These transactions typically involve placing company assets in a special purpose vehicle, with the pension scheme receiving income from the assets and security over some of them. The document considers sources of inflation-linked assets on company balance sheets such as property, PFI contracts, inventory, brands, subsidiaries, and intellectual property that could potentially be used in this way.
This certificate certifies that Prafit Chatterjee was awarded the CISI Level 3 Award for Introduction to Investment on September 16, 2014. The certificate includes Prafit Chatterjee's qualification reference number, certificate number, and is signed by Ruth Martin, Managing Director of the Chartered Institute for Securities & Investment.
Eres is a team of 28 specialists that provides consulting services in areas like profit sharing, employee ownership, retirement plans, and deferred compensation. They have 3 business lines and offer multi-manager investment solutions as well as added value services. Eres has a broad customer base ranging from small businesses to major companies, and over 1,700 distributors to promote their services.
Wealins is a Luxembourg-based life insurance and capitalization solutions provider with over 25 years of experience. It offers tailor-made solutions to structure, preserve, and transfer clients' estates with security and favorable tax treatment. Wealins works with asset managers and wealth advisors to provide custom solutions drawing from a wide range of underlying investment assets. The Luxembourg legal framework provides a secure, stable environment and tax neutrality for cross-border insurance solutions.
Logistics companies in the Port of Antwerp offer fiscal representation services to international importers. Fiscal representation handles all EU VAT administration duties, avoiding VAT prefinancing and increasing cash flow. It can be individual representation requiring a Belgian VAT number, or global representation without a Belgian VAT number. Fiscal representation simplifies EU VAT compliance and allows importers to focus on their core business.
The document summarizes Belgium's new regulatory framework for virtual asset service providers (VASPs). It outlines the scope of application, registration requirements, and timeline for compliance. VASPs providing exchange services between virtual currencies and fiat currencies or custodian wallet services in or targeting Belgium must register with the Belgian Financial Services and Markets Authority (FSMA). Registration applications are due by August 31, 2022, with a final registration deadline of December 31, 2022. The new rules implement the EU's Fifth Anti-Money Laundering Directive and aim to regulate the growing cryptocurrency sector in Belgium.
Capital V #3 After Skype, Wix! A Nasdaq IPO SuccessLuis Galveias
The article discusses Mangrove Capital Partners' success with the IPO of Wix on the NASDAQ in November 2013. Mangrove is a Luxembourg-based venture capital firm that is famous for its role in the Skype success story. The article provides key figures for Wix, which now has 40 million users, 576 employees and a value of over $800 million. It then interviews Hans-Jürgen Schmitz, Mangrove's co-founder and managing partner, who discusses how Mangrove first got involved with Wix in 2007 after being approached about the company during an exploration of the Israeli market. Mangrove purchased an initial stake in Wix and later led a financing round.
Capital V #3 After Skype, Wix! A Nasdaq IPO Success LPEA
The Luxembourg market has successfully transitioned to comply with the new AIFMD law by adopting legislation in July 2013. While some EU member states have yet to implement AIFMD, Luxembourg has authorized 3 AIFMs so far. The CSSF regulatory authority is actively involved in helping shape AIFMD guidance at the EU level through ESMA. As the deadline for full compliance is July 2014, AIFs are advised to comply with AIFMD requirements as soon as possible. Key advantages for Luxembourg include its experience in cross-border distribution of funds and established reputation in the global fund industry.
The document discusses the newly proposed Netherlands Commercial Court (NCC). It notes that the NCC aims to attract complex international commercial cases to be decided in Amsterdam. However, the author raises several critical points about the NCC project. He questions whether it will succeed given past failures like the Holland Financial Centre project. Concerns include the budget for the NCC, impartiality of Dutch judges, high litigation costs, vagueness in what constitutes complex commercial cases, and impact on other Dutch courts. The wide jurisdiction of the NCC is also noted.
The COSME Loan Guarantee Facility (LGF) provides guarantees and counter-guarantees to financial intermediaries to support higher risk SME transactions. It has an estimated budget of EUR 690 million between 2014-2020 and replaces the previous CIP SME Guarantee Facility. The COSME LGF aims to enhance SME access to finance by facilitating over EUR 17.8 billion in mobilized lending through financial intermediaries. It offers capped portfolio guarantees at a rate up to 50% of the transaction value and a guarantee cap of 20% of expected losses.
Brexit - Trade and Supply Chain Implications - BDOJulietWallwork
What will be the Brexit implications for your supply chain?
EU Versus Global Supply Chains - Immediate Steps
Developing a Brexit Strategy - Longer Term Planning
Recent regulations in Europe have affected the Swiss hedge fund industry by requiring foreign alternative investment funds marketed in Switzerland to have an asset manager located in Switzerland licensed by FINMA, as well as a local representative and paying agent. These requirements, which took effect on March 1, 2015, were implemented to regulate foreign funds similarly to the EU Alternative Investment Fund Managers Directive. Looking forward, Swiss funds will need to meet stringent institutional standards to compete against large players, while foreign funds may retain Swiss representatives to maintain a presence in Switzerland.
1. The document discusses several European court cases related to transfer pricing between 2010-2007. Key issues involved royalty payments, intercompany loans, intellectual property transfers.
2. Courts disallowed deductions for royalty payments when documentation and economic substance was lacking. Intercompany loans were ruled non-arm's length when no reasonable third party would have extended the loan.
3. Landmark cases included disallowing royalty deductions to Liechtenstein entities and recharacterizing intercompany loans as equity. Commissionaire structures and customs values were also addressed.
Legal shorts 21.03.14 including Budget 2014 and UCITS VCummings
This weekly briefing from Cummings Law discusses recent legal and regulatory developments in the UK financial services industry. Key points include: changes to the UK bank levy and taxation of offshore funds announced in the recent budget; approval of the UCITS V directive by the EU Council; NASDAQ OMX Clearing receiving authorization as the first clearinghouse compliant with EMIR regulations; and a guest contribution on exchange-traded instruments as an alternative to AIFMD compliance for fund managers.
Simp Holding Ltd is a holding company established in 2006 that provides business consulting, financial guarantee, and real estate asset protection services through its network of professionals. Based in London, United Kingdom and Parma, Italy, Simp Holding Ltd offers services in various countries through its philosophy of combining consulting and holding activities to generate a "value chain" and deliver exclusive, effective solutions to its corporate clients. The company aims to preserve its customers' assets and heritage through its technical expertise and experience addressing complex problems.
IBSA Webinar on FATCA & Exchange of Information which took place on 27 January 2015. Presented by Ross Belhomme of Saffery Champness (Geneva) and Peter Grant of KPMG (London). To view the webinar on demand, please visit our Bright Talk channel at https://www.brighttalk.com/channel/11641
With Brexit almost here, businesses may think that they have run out of time to achieve Authorised Economic Operator (‘AEO’) accreditation. But, regardless of the future EU/UK trade relationship, AEO accreditation is likely to remain a ‘must have’ for many businesses.
The document discusses Authorised Economic Operator (AEO) accreditation and how Brexit may impact businesses. It provides details on AEO, including that it offers benefits like fast-tracking goods through customs and reduced financial guarantee levels. It notes that regardless of the UK-EU trade relationship after Brexit, AEO will remain important for businesses involved in global supply chains. It also summarizes the potential impacts of different Brexit scenarios and emphasizes that AEO benefits like fast customs clearance and ability to use EU VAT simplifications will still apply even if there is no Brexit.
This certificate certifies that Prafit Chatterjee was awarded the CISI Level 3 Award for Introduction to Investment on September 16, 2014. The certificate includes Prafit Chatterjee's qualification reference number, certificate number, and is signed by Ruth Martin, Managing Director of the Chartered Institute for Securities & Investment.
Eres is a team of 28 specialists that provides consulting services in areas like profit sharing, employee ownership, retirement plans, and deferred compensation. They have 3 business lines and offer multi-manager investment solutions as well as added value services. Eres has a broad customer base ranging from small businesses to major companies, and over 1,700 distributors to promote their services.
Wealins is a Luxembourg-based life insurance and capitalization solutions provider with over 25 years of experience. It offers tailor-made solutions to structure, preserve, and transfer clients' estates with security and favorable tax treatment. Wealins works with asset managers and wealth advisors to provide custom solutions drawing from a wide range of underlying investment assets. The Luxembourg legal framework provides a secure, stable environment and tax neutrality for cross-border insurance solutions.
Logistics companies in the Port of Antwerp offer fiscal representation services to international importers. Fiscal representation handles all EU VAT administration duties, avoiding VAT prefinancing and increasing cash flow. It can be individual representation requiring a Belgian VAT number, or global representation without a Belgian VAT number. Fiscal representation simplifies EU VAT compliance and allows importers to focus on their core business.
The document summarizes Belgium's new regulatory framework for virtual asset service providers (VASPs). It outlines the scope of application, registration requirements, and timeline for compliance. VASPs providing exchange services between virtual currencies and fiat currencies or custodian wallet services in or targeting Belgium must register with the Belgian Financial Services and Markets Authority (FSMA). Registration applications are due by August 31, 2022, with a final registration deadline of December 31, 2022. The new rules implement the EU's Fifth Anti-Money Laundering Directive and aim to regulate the growing cryptocurrency sector in Belgium.
Capital V #3 After Skype, Wix! A Nasdaq IPO SuccessLuis Galveias
The article discusses Mangrove Capital Partners' success with the IPO of Wix on the NASDAQ in November 2013. Mangrove is a Luxembourg-based venture capital firm that is famous for its role in the Skype success story. The article provides key figures for Wix, which now has 40 million users, 576 employees and a value of over $800 million. It then interviews Hans-Jürgen Schmitz, Mangrove's co-founder and managing partner, who discusses how Mangrove first got involved with Wix in 2007 after being approached about the company during an exploration of the Israeli market. Mangrove purchased an initial stake in Wix and later led a financing round.
Capital V #3 After Skype, Wix! A Nasdaq IPO Success LPEA
The Luxembourg market has successfully transitioned to comply with the new AIFMD law by adopting legislation in July 2013. While some EU member states have yet to implement AIFMD, Luxembourg has authorized 3 AIFMs so far. The CSSF regulatory authority is actively involved in helping shape AIFMD guidance at the EU level through ESMA. As the deadline for full compliance is July 2014, AIFs are advised to comply with AIFMD requirements as soon as possible. Key advantages for Luxembourg include its experience in cross-border distribution of funds and established reputation in the global fund industry.
The document discusses the newly proposed Netherlands Commercial Court (NCC). It notes that the NCC aims to attract complex international commercial cases to be decided in Amsterdam. However, the author raises several critical points about the NCC project. He questions whether it will succeed given past failures like the Holland Financial Centre project. Concerns include the budget for the NCC, impartiality of Dutch judges, high litigation costs, vagueness in what constitutes complex commercial cases, and impact on other Dutch courts. The wide jurisdiction of the NCC is also noted.
The COSME Loan Guarantee Facility (LGF) provides guarantees and counter-guarantees to financial intermediaries to support higher risk SME transactions. It has an estimated budget of EUR 690 million between 2014-2020 and replaces the previous CIP SME Guarantee Facility. The COSME LGF aims to enhance SME access to finance by facilitating over EUR 17.8 billion in mobilized lending through financial intermediaries. It offers capped portfolio guarantees at a rate up to 50% of the transaction value and a guarantee cap of 20% of expected losses.
Brexit - Trade and Supply Chain Implications - BDOJulietWallwork
What will be the Brexit implications for your supply chain?
EU Versus Global Supply Chains - Immediate Steps
Developing a Brexit Strategy - Longer Term Planning
Recent regulations in Europe have affected the Swiss hedge fund industry by requiring foreign alternative investment funds marketed in Switzerland to have an asset manager located in Switzerland licensed by FINMA, as well as a local representative and paying agent. These requirements, which took effect on March 1, 2015, were implemented to regulate foreign funds similarly to the EU Alternative Investment Fund Managers Directive. Looking forward, Swiss funds will need to meet stringent institutional standards to compete against large players, while foreign funds may retain Swiss representatives to maintain a presence in Switzerland.
1. The document discusses several European court cases related to transfer pricing between 2010-2007. Key issues involved royalty payments, intercompany loans, intellectual property transfers.
2. Courts disallowed deductions for royalty payments when documentation and economic substance was lacking. Intercompany loans were ruled non-arm's length when no reasonable third party would have extended the loan.
3. Landmark cases included disallowing royalty deductions to Liechtenstein entities and recharacterizing intercompany loans as equity. Commissionaire structures and customs values were also addressed.
Legal shorts 21.03.14 including Budget 2014 and UCITS VCummings
This weekly briefing from Cummings Law discusses recent legal and regulatory developments in the UK financial services industry. Key points include: changes to the UK bank levy and taxation of offshore funds announced in the recent budget; approval of the UCITS V directive by the EU Council; NASDAQ OMX Clearing receiving authorization as the first clearinghouse compliant with EMIR regulations; and a guest contribution on exchange-traded instruments as an alternative to AIFMD compliance for fund managers.
Simp Holding Ltd is a holding company established in 2006 that provides business consulting, financial guarantee, and real estate asset protection services through its network of professionals. Based in London, United Kingdom and Parma, Italy, Simp Holding Ltd offers services in various countries through its philosophy of combining consulting and holding activities to generate a "value chain" and deliver exclusive, effective solutions to its corporate clients. The company aims to preserve its customers' assets and heritage through its technical expertise and experience addressing complex problems.
IBSA Webinar on FATCA & Exchange of Information which took place on 27 January 2015. Presented by Ross Belhomme of Saffery Champness (Geneva) and Peter Grant of KPMG (London). To view the webinar on demand, please visit our Bright Talk channel at https://www.brighttalk.com/channel/11641
With Brexit almost here, businesses may think that they have run out of time to achieve Authorised Economic Operator (‘AEO’) accreditation. But, regardless of the future EU/UK trade relationship, AEO accreditation is likely to remain a ‘must have’ for many businesses.
The document discusses Authorised Economic Operator (AEO) accreditation and how Brexit may impact businesses. It provides details on AEO, including that it offers benefits like fast-tracking goods through customs and reduced financial guarantee levels. It notes that regardless of the UK-EU trade relationship after Brexit, AEO will remain important for businesses involved in global supply chains. It also summarizes the potential impacts of different Brexit scenarios and emphasizes that AEO benefits like fast customs clearance and ability to use EU VAT simplifications will still apply even if there is no Brexit.
As part of its wider Brexit offering, BDO provides AEO application support, which is tailored to our clients’ specific needs. This flyer summarises the benefits of AEO and how we can assist you.
Capital V #8 Building an Onshore Hub for Private EquityLPEA
Featured articles:
LPEA on Brexit
Venture Capital in Luxembourg
Avishai Avrahami (Wix): How to create a $1bn Start-up
Reform of Luxembourg Corporate Law: What’s in it for you ?
Common Reporting Standards
Interview with Michael Phillips, Castik Capital
Alternative Investments in (Luxembourg) Insurance
Digital Customer due diligence is the way forward
2015 Update to IPEV Valuation Guidelines
Leading domicile for Microfinance Investments Funds
The German PE Market in 2015
The evolving role of Fashion in the Luembourg business world
Market Figures
This document summarizes transfer pricing case law in Europe from 2007 to 2013. It discusses several court cases from countries like the Netherlands, Spain, and the UK that relate to issues like intercompany loans, royalties, captive insurance, and sale of goods. The key issues addressed are whether related party transactions and pricing were consistent with the arm's length principle and if the arrangements had economic substance rather than just tax avoidance motives. The document provides an overview of transfer pricing regulations and guidelines in Europe.
Malta Ltd Company Formation - A Walk Through - 2014 - Acumum Legal & AdvisoryAcumum - Legal & Advisory
The document provides information on registering a company in Malta. It notes that limited liability companies are the most popular structure and outlines the registration process, which typically takes 6-8 days. It also discusses company name requirements, the memorandum and articles of association, minimum share capital requirements, registration costs, and ongoing annual costs and compliance obligations.
X-Trade Brokers Dom Maklerski SA preliminary Q1 financial reportAtoZForex.com
The document is a translation of a current report from a Polish brokerage firm providing a preliminary summary of the company's financial and operating results for the first quarter of 2017. Key points include:
- Net profit was PLN 10.6 million, down from PLN 31.9 million in the first quarter of 2016. Operating profit was PLN 22.2 million, down from PLN 42.3 million year-over-year.
- Revenues decreased due to lower profitability per transaction lot, though transaction volume increased. Costs decreased despite rising customer accounts and activity.
- CFDs on stock indices performed strongly, particularly those tied to German and US indexes. Revenue composition shifted towards index CFD
France’s national legislation regarding the prohibition of electronic advertising to retail investors when offering speculative, complex and risky products in the territory of France.
Dutch AFM ANNUAL REPORT 2016: Intense supervision in a changed playing fieldAtoZForex.com
This document provides an annual report from the AFM (Autoriteit Financiële Markten), the Dutch independent market conduct supervisor. It discusses the AFM's activities and priorities in 2016, which included reducing undesirable risks in the financial markets through supervision, strengthening supervision through technology and methodology investments, and increasing the effectiveness and adaptability of the AFM organization. It also provides an overview of the Dutch financial sector and developments in 2016.
Consultation paper on the replacement of the legal framework governing the o...AtoZForex.com
The Cypriot regulator proposes a new regulatory framework for governing the Cyprus Investment Firms (CIFs) Investors Compensation Fund (ICF) across the island.
Announcement MiFID II Main Changes for authorisationsAtoZForex.com
CySEC highlights the main changes introduced by MiFID II, MiFIR, and the relevant delegated and implementing regulations, which affect the authorisation
requirements for CIFs.
Bullard Fed US Macroeconomic Outlook 2017AtoZForex.com
St. Louis President and Chief Executive of the Federal Reserve Bank James Bullard addresses the Fed US Macroeconomic Outlook 2017 during an International Distinguished Lecture at the Australian Center for Financial Studies.
FCA publishes near final rules on MiFID IIAtoZForex.com
The UK Financial Conduct Authority publishes an update on FCA Markets in Financial Instruments Directive (MiFID) II implementation rules and encourages firms to submit applications for MiFID II authorization.
Government bill - Memorandum of securities law - ISA and Ministry of FinanceAtoZForex.com
This document discusses proposed amendments to Israel's Securities Law regarding the regulation of trading platforms. It aims to close a loophole where Israeli trading platforms can offer services to overseas clients without regulation, allowing some platforms to engage in criminal activities like fraud. The proposed amendments would extend regulation to all platforms serving non-Israeli clients from Israel, to better protect overseas investors and improve Israel's reputation in international capital markets.
Lifting the Corporate Veil. Power Point Presentationseri bangash
"Lifting the Corporate Veil" is a legal concept that refers to the judicial act of disregarding the separate legal personality of a corporation or limited liability company (LLC). Normally, a corporation is considered a legal entity separate from its shareholders or members, meaning that the personal assets of shareholders or members are protected from the liabilities of the corporation. However, there are certain situations where courts may decide to "pierce" or "lift" the corporate veil, holding shareholders or members personally liable for the debts or actions of the corporation.
Here are some common scenarios in which courts might lift the corporate veil:
Fraud or Illegality: If shareholders or members use the corporate structure to perpetrate fraud, evade legal obligations, or engage in illegal activities, courts may disregard the corporate entity and hold those individuals personally liable.
Undercapitalization: If a corporation is formed with insufficient capital to conduct its intended business and meet its foreseeable liabilities, and this lack of capitalization results in harm to creditors or other parties, courts may lift the corporate veil to hold shareholders or members liable.
Failure to Observe Corporate Formalities: Corporations and LLCs are required to observe certain formalities, such as holding regular meetings, maintaining separate financial records, and avoiding commingling of personal and corporate assets. If these formalities are not observed and the corporate structure is used as a mere façade, courts may disregard the corporate entity.
Alter Ego: If there is such a unity of interest and ownership between the corporation and its shareholders or members that the separate personalities of the corporation and the individuals no longer exist, courts may treat the corporation as the alter ego of its owners and hold them personally liable.
Group Enterprises: In some cases, where multiple corporations are closely related or form part of a single economic unit, courts may pierce the corporate veil to achieve equity, particularly if one corporation's actions harm creditors or other stakeholders and the corporate structure is being used to shield culpable parties from liability.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Massimo Talia
This guide aims to provide information on how lawyers will be able to use the opportunities provided by AI tools and how such tools could help the business processes of small firms. Its objective is to provide lawyers with some background to understand what they can and cannot realistically expect from these products. This guide aims to give a reference point for small law practices in the EU
against which they can evaluate those classes of AI applications that are probably the most relevant for them.
Matthew Professional CV experienced Government LiaisonMattGardner52
As an experienced Government Liaison, I have demonstrated expertise in Corporate Governance. My skill set includes senior-level management in Contract Management, Legal Support, and Diplomatic Relations. I have also gained proficiency as a Corporate Liaison, utilizing my strong background in accounting, finance, and legal, with a Bachelor's degree (B.A.) from California State University. My Administrative Skills further strengthen my ability to contribute to the growth and success of any organization.
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersHarpreetSaini48
Discover how Mississauga criminal defence lawyers defend clients facing weapon offence charges with expert legal guidance and courtroom representation.
To know more visit: https://www.saini-law.com/
This document briefly explains the June compliance calendar 2024 with income tax returns, PF, ESI, and important due dates, forms to be filled out, periods, and who should file them?.
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
Genocide in International Criminal Law.pptxMasoudZamani13
Excited to share insights from my recent presentation on genocide! 💡 In light of ongoing debates, it's crucial to delve into the nuances of this grave crime.
1. 25/04/2017 FSMA Update re Belgium
https://otp.tools.investis.com/clients/uk/plus500/rns/regulatorystory.aspx?cid=1399&newsid=866291 1/2
FSMA Update re Belgium
Released : 25042017
RNS Number : 1883D
Plus500 Limited
25 April 2017
25 April 2017
Plus500 Ltd.
("Plus500" or "the Company")
FSMA Update re Belgium
Plus500, a leading online service provider for retail customers to trade CFDs,
announces it has reached a seĥlement agreement with the Belgium Financial
Services and Markets Authority ("FSMA") for the amount of EUR 550.000. The
seĥlement was reached in the context of the public offering of investment
instruments, including CFDs as offered by the Company, in Belgium.
The seĥlement does not amount to an admission of guilt or non‐compliance by
Plus500. Despite believing that it had introduced all necessary procedures to
comply with the applicable legislaĕon, Plus500 felt a seĥlement agreement was
appropriate to respect the authority of FSMA and to reach a swi├ and final
clearance of the jurisdicĕonal process.
The Company reaffirms that it does not have any regulatory restricĕons in any of
the Group's regulated markets.
The informaĕon contained within this announcement is deemed by the Company
to consĕtute inside informaĕon as sĕpulated under the Market Abuse Regulaĕon
("MAR"). Upon the publicaĕon of this announcement via Regulatory Informaĕon
Service ("RIS"), this inside informaĕon is now considered to be in the public
domain.
For the purposes of MAR and Arĕcle 2 of Commission Implemenĕng Regulaĕon
(EU) 2016/1055, this announcement is being made on behalf of the Company by
Elad Even‐Chen, Chief Financial Officer
Enquiries
Plus500
Elad Even‐Chen, Chief Financial Officer +972 4 8189503
ir@Plus500.com
Liberum ‐ Nomad and Broker
2. 25/04/2017 FSMA Update re Belgium
https://otp.tools.investis.com/clients/uk/plus500/rns/regulatorystory.aspx?cid=1399&newsid=866291 2/2
Clayton Bush, Neil Elliot, Josh Hughes +44 20 3100 2222
Berenberg (Joint Broker)
Chris Bowman, Amritha Murali, Marie Stolberg +44 20 3207 7800
MHP Communicaĕons
Reg Hoare, Tim Rowntree, Kelsey Traynor +44 20 3128 8100
About Plus500
Plus500 operates an online trading plaĔorm for retail customers to trade CFDs
internaĕonally over more than 2,100 different underlying global financial
instruments comprising equiĕes, indices, commodiĕes, opĕons, ETFs and foreign
exchange. Retail customers of Plus500 can trade CFDs in more than 50 countries
and in over 30 languages. The trading plaĔorm is also accessible from mulĕple
operaĕng systems (Windows, smartphones (iOS, Android and Windows Phone),
tablets (iOS, Android and Surface), Apple Watch and web browsers.
Plus500 retains operaĕng licences and is regulated in the United Kingdom,
Australia, Cyprus, Israel, New Zealand and South Africa. Customer care is integral
to Plus500: customers cannot be subject to negaĕve balances, there are no
commissions on trades, and a 50% maintenance margin call is applied.
Plus500 does not uĕlise cold calling techniques and does not offer binary opĕons.
A free demo account is available on an unlimited basis for plaĔorm users and
sophisĕcated risk management tools are provided free of charge to manage
leverage and stop losses to help customers protect profits and limit capital losses.
www.plus500.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSEUEFLFWSESL