Latest Posts
-
News 0
Getting the boards back in control
The board of directors are elected by the owners of a company to act on their behalf; and while taking care of their interests they are also bound by regulation aiming at policyholder protection. There are a number of different board decisions to be made, ranging from recruiting the executive team to setting the business strategy, from choosing a distributional channel to the branding of the company, from mandating the executives to challenging them. The board work in its totality consists of a diversified portfolio of topics of which only a few are regulated. But there is indeed one area that receives high attention from both regulators and ... -
News 0
Unique on the European continent
Could you give us an idea of KBL European Private Bankers’ [epb] strategy?Since the 1980s, KBL epb has devoted its strategy to private banking and a pan-European onshore presence has been built up by putting the emphasis on well-known local private banking brands. Thanks to organic growth and successive acquisitions we have now become the only network in Europe to have private banking as its core business, a tradition going back 200 years. With the backing of its network of pure-play private banks in Belgium, France, Germany, Luxembourg, Monaco, the Netherlands, Poland, Spain, Switzerland and the United Kingdom, KBL epb offers a response to... -
News 0
Establishing a company in Cyprus
Michael Kyprianou & Co LLC is a broad based legal practice based in Cyprus and Greece. One of its areas of specialisation is the company formation, management and administration of Cyprus and offshore companies, and formation and administration of Trusts. Cyprus business lawA Cyprus company needs to have at least one director, one shareholder, one secretary and a registered office in Cyprus. The minimum share capital of the company is €0.01 (denominated in any currency). The first step in the process is choosing the name of the company, to be approved by the Registrar of Companies. The name must include the word “Limited” (or Ltd... -
News 0
“Solvency II is here to stay”
A golden rule in management indicates that changes should ideally take place before problems emerge, anticipating them and ensuring a timely response, thus enhancing effectiveness. In order to do so, changes need to be thought and discussed when the existing environment is still functioning correctly. This is exactly how Solvency II was designed. It is now over a decade since the European Commission triggered a fully comprehensive project that would bring risk-based regulation and supervision to the field of insurance. It was not only ambitious, but also revolutionary, and it has taken some time for all stakeholders, from supervisors to insur... -
News 0
Surfing the wave of wealth management
Up until now, Wealth and Investment Management (WIM) has been a fairly stable business in all the key areas such as market evolution, client behaviour, investment performance, competition, regulation and technological innovation. However, a series of different factors are reshaping this industry. Firstly, demography and wealth distribution are changing. As the over-64 world population holds around 34 percent of wealth, mortality and inheritance will globally shift an estimated $18 trillion market to a new generation of people. Another 30 percent of wealth will be owned by the baby boomer generation, currently aged approximately 55 to 64. They... -
News 0
Unique on the European continent
Could you give us an idea of KBL European Private Bankers’ [epb] strategy?Since the 1980s, KBL epb has devoted its strategy to private banking and a pan-European onshore presence has been built up by putting the emphasis on well-known local private banking brands. Thanks to organic growth and successive acquisitions we have now become the only network in Europe to have private banking as its core business, a tradition going back 200 years. With the backing of its network of pure-play private banks in Belgium, France, Germany, Luxembourg, Monaco, the Netherlands, Poland, Spain, Switzerland and the United Kingdom, KBL epb offers a response to... -
News 0
Establishing a company in Cyprus
Michael Kyprianou & Co LLC is a broad based legal practice based in Cyprus and Greece. One of its areas of specialisation is the company formation, management and administration of Cyprus and offshore companies, and formation and administration of Trusts. Cyprus business lawA Cyprus company needs to have at least one director, one shareholder, one secretary and a registered office in Cyprus. The minimum share capital of the company is €0.01 (denominated in any currency). The first step in the process is choosing the name of the company, to be approved by the Registrar of Companies. The name must include the word “Limited” (or Ltd... -
News 0
“Solvency II is here to stay”
A golden rule in management indicates that changes should ideally take place before problems emerge, anticipating them and ensuring a timely response, thus enhancing effectiveness. In order to do so, changes need to be thought and discussed when the existing environment is still functioning correctly. This is exactly how Solvency II was designed. It is now over a decade since the European Commission triggered a fully comprehensive project that would bring risk-based regulation and supervision to the field of insurance. It was not only ambitious, but also revolutionary, and it has taken some time for all stakeholders, from supervisors to insur... -
News 0
Surfing the wave of wealth management
Up until now, Wealth and Investment Management (WIM) has been a fairly stable business in all the key areas such as market evolution, client behaviour, investment performance, competition, regulation and technological innovation. However, a series of different factors are reshaping this industry. Firstly, demography and wealth distribution are changing. As the over-64 world population holds around 34 percent of wealth, mortality and inheritance will globally shift an estimated $18 trillion market to a new generation of people. Another 30 percent of wealth will be owned by the baby boomer generation, currently aged approximately 55 to 64. They... -
News 0
Foster’s $10bn takeover bid rejected
Foster’s, Australia’s biggest brewer by sales, rejected a $9.51bn cash offer from London-based SABMiller on Tuesday, saying the bid undervalued the Australian company.The unsolicited and unconditional offer of A$4.90 per share for the firm was an 8.2 percent premium on the closing price of A$4.53. SabMiller CEO Graham MacKay confirmed on Tuesday that it made an offer for its Australian counterpart as it aims to “strengthen the Foster’s brand portfolio and work with the local team to bring innovation, global scale and expertise to the business”. He added: “SABMiller has a proven track record of acquiring and integrating brewing com...
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
