Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
SETS stands for the Stock Exchange Electronic Trading Service, the London Stock Exchange's digital order book. SETS facilitates most of the orders on the LSE, including those for shares in the FTSE 100, FTSE 250, and FTSE Small Cap indices.
Sopra Steria seems to know how to get the cheese wheels moving.
Interesting read:-
https://www-bper-it.translate.goog/-/bper-banca-sostiene-latteria-soresina-con-un-finanziamento-innovativo-di-15-milioni?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
The registration tax applicable to the non-possessory pledge for anybody whose interested in any latest news on pnp.
Link to article posted today :-
https://www-dirittobancario-it.translate.goog/art/limposta-di-registro-applicabile-al-pegno-non-possessorio/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
No live register noted.
https://www.youtube.com/watch?v=-B04jhdDfDk&ab_channel=rudessjo
Lets go!
Article today explaining Non-possessory pledge and covers issues still to be settled. Syme gets mention under 6.1. The impact of the non-possessory pledge on the Italian entrepreneurial fabric.
https://www-dirittobancario-it.translate.goog/art/pegno-mobiliare-non-possessorio-una-disciplina-completa/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
1. There is NO PIPELINE>Where's the evidence of this?
2. There are no paid tampers or derampers- Irrelevant
3. You cannot short Syme anywhere - Time frame considered could be seen differently.
4. PNP is already legal in most European countries …so does that mean the entire pipeline that doesn’t exist is Italian >
Quadrivio stated a requirement of portfolios to be in more than one region and asset class if i remember correctly.
5. No big 6 audit company has stated that’s true sale will pass regulatory approval> Again this old chestnut with no proof either way.
This is getting boring.
Sorry Loc123, your is the later article -https://www-dirittobancario-it.translate.goog/art/il-pegno-mobiliare-non-possessorio-in-unottica-di-impresa-e-finanziaria/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
My link was an earlier article apologies for that.
Thanks Savvy for the pnp post. I have looked around and found a few articles that may be of interest.
https://ntplusdiritto-ilsole24ore-com.translate.goog/art/pegno-non-possessorio-approvate-specifiche-tecniche-la-redazione-domande-AE3YuadC?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
https://www-dirittobancario-it.translate.goog/art/registro-pegno-non-possessorio-in-gazzetta-ufficiale-le-specifiche-tecniche/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
https://www.fieldfisher.com/en/insights/non-possessory-pledge-now-available-in-italian-security-packages
https://cms.law/en/ita/publication/the-non-possessory-pledge-more-chances-to-access-to-credit
So appears as you say, we await activation.
expecting what? A lesser spotted AZ in a tutu riding a unicorn chasing after Elon Musk for funding a captive bank run by a holy order of blind monks juggling eels creating pixel slime trail NFT's for web 3.0 running an app sponsored by Bill Gates all you can eat insect special offer Warren buffet. That type of reality?
Note**
SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehoused goods waiting to be sold to end-customers or goods that are part of a typical import/export transaction. SYME announced in August 2021 the launch of a?global Inventory Monetisation programme?which will be focused on both inventory in transit monetisation and warehoused goods monetisation. **This programme will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.
The answer are in the RNS's DYOR
· In addition to the Fintech Bank, the Board's previous guidance included another Inventory Funder with whom the Group was in advanced discussions regarding the monetisation of a portfolio of client companies prior to 31 December 2021. This particular Inventory Funder has recently proposed to use the Group's innovative Platform in a White Label business model. Under this model, the Group now expects to charge licence and multi-annual servicing fees to use the Group's Inventory Monetisation Platform (including the platform software, associated inventory servicing processes and legal documentation) to carry out Inventory Monetisation transactions as a self-funder. Allowing for time to agree the new contractual arrangements for the first White Labelling activity, the Board now expects the future revenues projected to be generated from this Funder to commence recognition during FY 2022.
If it works why have SYME not done any IM transactions?
The usual reason 'Funder' moving goal posts again. Surprise.
Thu, 11th Nov 2021 07:00
RNS Number : 0230S
One of the Inventory Funders expected to participate in the first IM transaction before the end of the current year(2021*) identified as the "Fintech Bank" in the RNS of 29 June 2021, has now chosen to take advantage of the SACE Guarantee Italia* in selecting the initial portfolio of companies for the first IM transaction. This has resulted in some delays in identifying eligible companies, with a SACE guarantee available to them, and packaging the first portfolio for monetisation. This portfolio, which together will form the inaugural IM transaction, is also smaller than previously anticipated, both in terms of the number of client companies and the value of inventory to be monetised at the stage. As such, the revised revenues expected to be recognised in the current financial year will reflect these factors.
https://uncitral.un.org/en/texts/ecommerce/modellaw/electronic_transferable_records
Key provisions
The MLETR builds on the principles of non-discrimination against the use of electronic means, functional equivalence and technology neutrality underpinning all UNCITRAL texts on electronic commerce. It may therefore accommodate the use of all technologies and of all models, such as registries, tokens and distributed ledgers.
Does this tick the box? Sometimes you have to wait for the world to catch up.