The scope of powers granted to a nominee shareholder is governed by the confidential agreement that is established between the two parties. Depending on the terms of that contract, the shareholder may have the ability to buy or sell a portion of the shares without consulting the owner. More ...
What is a nominee account? A nominee account is a legal structure that enables your assets to be held in trust for you by a custodian. In the case of a broker, it appoints a nominee company to act on your behalf, and that company is charged with the safekeeping of your investments. T...
The purpose of execution-only services is to increase efficiency in trading. This is normally done throughnominee accounts. Using these accounts allows the investments to be registered in the brokerage's name even though they belong to the owner. The brokerage takes care of buy-and-sell documenta...
In resolving the conflict of interests andduties on nominee Directors Malaysian courts may adopt the UK strict approach. Commencing2011 UK gradually adopted the attenuated duty approach. Malaysia with her concentratedownership economy would adopt the attenuated duty approach. This is to ensure Malaysian...
Our results suggest that the insider trading profitability is explained by six main factors: the timing ability of the insider, the transaction being performed by a nominee rather than by a primary insider, and the level of free cash flow are the three most relevant variables; the level of ow...
In the UK when you buy shares, you pay 0.5% stamp duty on top of the cost of dealing. Any dividend income is also subject to tax. As of 2019/2020 the dividend ordinary rate of 20% applies for basic rate taxpayers who earn up to £37,500 , a rate of 40% if y...
Using a dataset of 170 firms that successfully fundraised via the two most prominent UK equity crowdfunding platforms, we investigate whether and how having successfully run an equity crowdfunding campaign is associated to the reputation of follow-on venture capital investors attracted. From the ...