By Loyens & Loeff When making cross-border investment decisions, Dutch resident entrepreneurs often face the question whether a foreign investment should be set up in the form of a foreign subsidiary (participation) or in the form of a branch (permanent establishment). Not only Dutch tax considerations play a part in this choice. Also in the country in which the investment takes place, the consequences of investing via a participation or via a permanent establishment may differ. In this issue of Quoted,...

By Sharon Sutherland | Nadia Woodhouse | Ernst & Young The ongoing digital business revolution is unlocking exciting new opportunities across sectors, but as our report notes, it is important that organizations and boards continue to acknowledge and address any associated new risks, including the following: New cybersecurity threats continue to emerge in part due to the increasing proliferation of connected devices and digital entry-points to business ecosystems. Markets are becoming more volatile and unpredictable whilst customers are becoming...

By Onno Bouwmeister | Malcolm Pobjoy | VISTRA Alternative investing has gone from a gold-rush industry to one of market turbulence, regulatory oversight, and intense competition. In turn, fund administration has transformed. What was once a relatively straightforward outsourcing of fund accounting has now become a more complex and tailored delegation of operational expertise that requires savvy professionals and sophisticated IT at the ready. Hedge funds were early adopters of outsourcing, but now private equity managers are responding, by outsourcing a variety...

BOS CONTAINER USA LLC: MOST INNOVATIVE PRODUCT BOS Container USA Inc.represents manufacturer BOS (Best Of Steel) GmbH in the United States as well as Australia, Canada, Germany, Scandinavia and other countries. The company offers a panelized, expandable storage container that can be assembled quickly with few to no tools. The containers come in six different sizes and can be fitted with accessories such as anti-condensation coating, shelving systems, an access ramp and various organizing tools. What's the biggest pain point your company...

 By Paul Sanderson | Donald Liebman |  IPTI The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on Greece, Ireland, the Netherlands and the United Kingdom. There...

By DS-Concept DS-Concept has provided a $3 million export factoring facility to a trading company that sells metal packaging materials to buyers from the US, Peru, and Chile. The company, based in Shanghai, will use the accelerated cash flow to expand trade with western countries and escalate orders from buyers. The partnership took shape as the client sought to grow its business but was stuck complying to the TT at sight terms popular among Chinese manufacturers in the industry. Consequently, it...

By Vincent Wellens |  Jacqueline van Essen |Heidi Waem | NautaDutilh Ransomwares and other kind of malwares are waiting the first weakness of your IT systems to attack. Nearly every week, a new data breach is mentioned in the press, tarnishing the affected company's reputation. The GDPR requires data controllers to notify such personal data breach to the competent data protection authority and, as the case may be, to the data subjects. The Article 29 Working Party (WP 29) has published draft...

By ING ING Groep N.V. notes the announcements made today by the European Banking Authority and De Nederlandsche Bank regarding the information of the 2017 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors' decision. The outcome of the exercise related to ING Group can be found in the annexes on the EBA website. Background 2017 EU-wide Transparency Exercise At its meeting in May 2017, the EBA Board of Supervisors approved the package for the 2017 EU-wide Transparency Exercise, which since...