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  • In Korea, in order to carry out multi-level marketing activities, a company must be registered as a 'multi-level marketer' as specified in the Act on Door-to-Door Sales (Act) and fulfil the necessary conditions contained in the Act. In this regard, if a company sells a cryptocurrency issued in an initial coin offering (ICO) to several buyers/investors at multiple levels, it could be regarded as a multi-level marketing organisation as defined in the Act.
  • When hedge funds become illiquid, what options are open to investors?
  • A review of the UK ombudsman’s activities has highlighted areas for improvement, but also for change
  • www.chiomenti.net
  • Giving major voting power to entities that have virtually no financial stake in a company can have unwelcome results
  • A decade on from the financial crisis, is the US repeating past mistakes?
  • The Colombian government enacted Decree 1357 (hereafter the Decree) last July, which regulates crowdfunding platforms in line with the international growth of the industry. This as an attempt to bridge the gap between the supply of funds and start-up businesses.
  • Investments made on behalf of qualified institutional investors have had a specific – and at times complex – regime since 2007
  • The groundbreaking decision may well send a signal to other creditors that Venezuela is vulnerable to the enforcement of international arbitration court judgments
  • Small investors in China are up in arms: peer-to-peer (P2P) lenders are closing down everywhere as a result of a regulatory crackdown on fraudulent operators and so-called shadow banking. Thousands of investors have lost their life savings after investing in platforms that have collapsed. Specific centres have even been set up to deal with the high volume of complaints.