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Regulations
As FundmoreMerchantbank
does not carry out investment business, accept deposits or conduct
retail banking business, its services do not require regulation
or authorization by any supervisory authority. The management will
confine all its financial services and work to the preparation and
processing of the components of an IPO, GDR, M&A and similar
cases. The management will, upon contemplating such cases, and in
compliance with the laws of each country, assign the completion
of the remaining work (advice, placement and public offering) including
the provision of legal, tax, accounting advice and the suitability
or profitability of the case to (authorized) market makers, book
runners, investment bankers, underwriters, legal and accounting
firms. The financial services provided by fundmoremerchantbank.com
is not required to be regulated or authorized by any supervisory
authority as it does not:
- Carry out investment business
- Accept deposits and conduct retail banking business
- Deal in the sale of shares and securities
- Provide investment advisory services
- Provide legal, tax, or accounting advice regarding the suitability or profitability of a security or investment
- Make recommendation to acquire or dispose of any investments
- Use its website to distribute, buy or sell, shares, bonds and other investment instruments.
The management of FundmoreMerchantbank
will confine all of its financial services and work to the preparation
and processing of the components of IPO, GDR, M&A and similar
financial products. Investment banks commonly describe these activities
as "backroom" or "boiler room" work. The preparations
and or processing work involved will be based and guided by sound,
criteria requirements and performed in accordance with the regulatory
requirements of the country or jurisdiction where the business is
taking place. The management will, upon contemplating such cases,
and in compliance with the laws of each country, assign the completion
of the remaining work, that may require " regulatory compliance"
including the provision of legal, tax, accounting advice and the
suitability or profitability of an investment to the "authorized"
and licensed market maker, book runner, investment bankers and underwriters.
Fundmore holds that the function of its Auction Room, Syndication
and Arbitrage of loan facilities to be processing events similar
in nature and subject to the same exemption from regulations that,
at the present, apply to Private Placement activities. Further,
whether the Auction Room Offerings is a Loan Syndication, Project
Financing, Discounting of Letter of Credit ("LC") or Forfaiting
a trade receivable, Fundmore will simply be dealing with the promotion
of instruments, prepared by the "authorized" underwriters,
investment banks, legal and accounting firms.
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