RE: Surely can’t be too much longer17 Jun 2020 21:19
No US citizen in their right mind will fly from LAX to LHR under present quarantine rules. If a face to face, hug, back-slap and air kiss in Canary Wharf is required to put the revolving credit in place then we are waiting some weeks still. I still don't know why Dublin has been overlooked as a joint meeting place which would work as part of the exempt CTA.
There is the KYC stuff to do with whomever is banking it, and they might not accept US notary stamps. needing to turn up in person with their gas bill etc. I once asked a Business Manager at RBS, if they were asked to open a bank account in UK for US company like Boeing, would they expect the Boeing board to turn up in person with gas bills. The answer was "For a company like Boeing we would fly to Seattle to do the KYC, for smaller companies like yours, they have to fly here to do KYC"
Also, the huge amount of prior actuarial work by Rajiv must now be in question with a COVID-19 adjustments being required surely? And who knows how this plague is set to pan out in USA under a deranged POTUS and life expectancy changing by the week ?
It's sit on your hands if you believe it and no point in daily nagging Gobind. He must look at his email inbox and mutter "That goddamm Dave is here again!"