Viewpoint wrote:DT. wrote:Viewpoint wrote:DT. wrote:Viewpoint wrote:DT. wrote:Viewpoint wrote:Nikitas wrote:I yis a giant leap from a vote for Enosis to genocide. And it has nothing whatsoever to do with illegally occuping someone else's property. The case was a simple straight forward property case. The bank's lawyer could not think of any other defence for having the property 30 years rent free so he put forth the TRNC. Not clever.
OK so can the "RoC" enforce this decision?
well it can enforce it on candidate eu countries
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Like the Orams? I think they will find that the Turkish Bank is registered as 3 different companies in 3 countries the TRNC UK and Turkey.
then you go after the holding company....duh
There isnt one, the companies are register in the "RoC" UK and Turkey all seperate from each other.
Turkish Bank (UK) Ltd is a wholly owned subsidiary of Turkish Bank Limited incorporated in Northern Cyprus in 1901.
http://www.turkishbank.co.uk/You do know what Wholly Owned Subsidiary is don't you?
The shareholders may be the same individuals but I am pretty certain the 3 companies are not interwoven, I know the owner who took this precaution aalong time ago, 40% of the Turkish Bank AŞ was purchased by Arabs last year. We will see how far this one goes.
VP they are regulated by the FSA. That means that the FSA needs to know who the owners of your company are. Once they approve these owners then you need to clearly publish that info on your marketing literature (website) (Trust me on this I know cause I owned an FSA registered company till 2006,)
The Website says it is a wholly owned subsidiary which means that claims can go directly to London and because the UK company is an asset of the Cyprus company they are allowed to claim against the UK company. This can involve winding the company up if they refuse to pay.
Your chit chat with the owner does not stand. If it does then a letter to the FSA will make sure that they are not regulated anymore and the company will be wound up anyway. It is illegal for the controlling interest of a FSA regulated firm to change without prior approval by the FSA.