- new term irrevocable bank deposits of natural persons
( across maturity buckets: from 1 to 6 months (inclusively); from 6 months to 1 year (inclusively); and over 1 year);
"Draft Law on amendments to the Law on Internal Money Operations in RS introduces establishment of the Registry of accounts of natural persons
opened in authorized organizations, led by Intermediary Agency for IT and financial services of Banja Luka (APIF)," it was stated during yesterday's discussion on this law.
On February 28, President Ilham Aliyev signed a decree on additional measures for addressing issues of problem loans of natural persons
"A natural person
cannot claim investment incentives.
"Every natural person
will sign a statement confirming that they have no stakes or other firms in their possession.
The information is required to be obtained and maintained irrespective of the number of levels of the ownership pattern, until the natural person
exercising ultimate ownership or control and lying at the end of the ownership chain is revealed.
In case no natural persons
are identified after having exhausted all possible means, or there is any doubt that the persons identified are the beneficial owners, there shall be entered in the register of beneficial ownership the names of the natural person(s) who hold the position of senior managing official(s) of the company.
The natural person
is the individual who ultimately owns or controls the company through direct or indirect ownership of not less than 10 per cent shares, voting rights, ownership or controlling interest in that company.
The information is required to be obtained and maintained irrespective of the number of levels of ownership pattern until the natural person
or individual exercising ultimate ownership or control and lying at the end of the ownership chain is revealed.
who ultimately own or control the company through direct or indirect ownership of not less than 10 per cent shares, voting rights, ownership or controlling interest in that company.
can eliminate their debts in two ways: by declaring bankruptcy and by agreeing on an instalment calendar.
Simon examines the tension between service trade liberalization, the inclusion of movement rights for natural persons
to provide services, and the implementation of such obligations into national law.