Archive for the ‘Uncategorized’ Category
The New Zealand Financial Service Provider market is one of the most reputable offshore jurisdictions for forming Financial Service Providers who act like Banks and are often referred to as FSPs. An FSP within the New Zealand jurisdiction that caters to non-New Zealand residents is any person or Company providing Financial Services from or within New Zealand, including Banks, Building Societies, Brokers, Credit Unions, Currency Exchangers, Finance Companies, Financial Advisers, Investment Managers, and Insurers among others. The mechanism of registering an FSP is made possible due to the fact that New Zealand repealed its entire Banking Act in 1995 (Banking Act Repeal Act 1995) and thereby facilitated free entry in to the business of banking. There are several laws regulating a financial business, but New Zealand is unique in the sense that an international banking entity can be established without capital requirements, qualification requirements or excessive supervisory requirements. If banking services are not offered to the public in New Zealand, the requirements of prospectus, supervisory trustee and investment statements as set out in Part II of the Securities Act 1978 do not apply. FSPs offering services to non-residents also operate outside the geographical scope of the Non-Bank Deposit. This structure is therefore ideal for an Asia focused broker dealership which gives the comfort of being within the Asia Pacific region within a common time zone. In addition, the Broker Dealer can take clients from all over the World.
New Zealand is an attractive location for running an electronic money or forex business for several reasons:
1. Stable Economy and Political Environment
- New Zealand boasts a stable and well-regulated economy with a high level of transparency. The country is known for its political stability, low corruption rates, and strong rule of law, making it a reliable environment for financial services.
- This stability provides a secure foundation for businesses dealing in electronic money and forex, where trust and predictability are crucial.
2. Progressive Regulatory Framework
- New Zealand’s financial services industry is well-regulated by the Financial Markets Authority (FMA), ensuring a secure environment for investors and customers.
- The country’s regulatory framework is progressive and accommodating to new financial technologies, including e-money and forex. Regulations are in place to protect consumers without stifling innovation, making it easier for companies to operate legally and responsibly.
- Financial Service Providers in New Zealand are also required to register, which ensures transparency and builds customer trust.
3. Low Corporate Tax and Business-Friendly Policies
- New Zealand has a relatively low corporate tax rate and efficient tax system, which can benefit companies operating within the electronic money and forex sectors. Additionally, there are no capital gains taxes, which can be advantageous for certain business models.
- The country offers a range of incentives for foreign investments and operates a simplified tax system that reduces the administrative burden on companies.
4. Access to Skilled Workforce and Tech Infrastructure
- New Zealand has a highly skilled and tech-savvy workforce, with strong expertise in finance, IT, and regulatory compliance. This makes it easier for businesses in the electronic money or forex space to recruit knowledgeable staff.
- New Zealand has invested heavily in digital infrastructure, including high-speed internet and secure data centers, which are essential for businesses relying on digital transactions and data integrity.
5. Strategic Location and Global Time Zone Advantage
- Located in the Asia-Pacific region, New Zealand offers strategic proximity to key financial markets, especially in Asia and Australia.
- New Zealand’s time zone allows businesses to cover off-hours for other major markets, giving global coverage options that support 24-hour operations. This time advantage is crucial for forex trading and global electronic money transactions.
6. Reputation as a Trusted Financial Hub
- New Zealand is recognized for its transparency, regulatory rigor, and investor protection measures. This reputation can help businesses based in New Zealand gain international credibility and trust.
- The country is also part of international financial and anti-money laundering agreements, such as the Financial Action Task Force (FATF), ensuring adherence to global standards that enhance customer trust in financial services.
7. Innovative Financial Ecosystem
- New Zealand fosters an innovative ecosystem with numerous initiatives supporting fintech, digital payments, and other tech-driven financial services. The government and private sector are open to adopting new technologies, which can be advantageous for electronic money and forex companies.
With these combined advantages, New Zealand provides a conducive environment for starting and scaling an electronic money or forex business that operates within a stable, secure, and innovation-friendly framework.
If you are interested in expanding your business to New Zealand or have any questions please contact me, ryan@businesslistingsgroup.com
Also, if you have any financial services companies for sale, please let us know, we can engage to assist you in the sale of your Bank, Brokerage License, MSB, EMI, etc. We also offer these types of firms for sale through our mergers and acquisitions division.
For the past 18 years I have been involved with building Payment Service Providers around the world, with various licenses within the US, Canada, Spain, Sweden, Malta, Philippines, Malaysia, Hong Kong, Singapore, South Africa, UK, Australia, and of course New Zealand as a region to build Financial Service Providers. I also have been focused on buying and selling PSPs, FSPs, MSBs, EMIs, Banks, etc so if you have a company for sale, you must let me know, I have buyers. WE ARE ALWAYS LOOKING FOR PSPs For Sale by the way.
The Fintech market has been growing in leaps and bounds, and the onset of AI has also been driving the growth, but what is the best markets to build the companies in.
THIS IS WHY I CHOSE TO OPEN YOUR EYES TO NEW ZEALAND.
New Zealand is an attractive market for payment service providers (PSPs) for several reasons:
1. High Digital Adoption: New Zealand has a tech-savvy population with high internet and smartphone penetration rates. This makes digital payment services easy to adopt, as people are accustomed to online and mobile banking and other digital services.
2. Growing E-commerce Sector: E-commerce in New Zealand has been expanding rapidly, with local businesses and consumers increasingly relying on digital platforms. This creates demand for efficient and secure payment solutions that support online transactions.
3. Stable and Business-Friendly Economy: New Zealand is known for its stable economy, transparent regulations, and pro-business environment. The country ranks high in ease of doing business, which is advantageous for payment companies looking to establish a foothold in the region.
4. Favorable Regulatory Environment: New Zealand has a relatively progressive regulatory landscape for fintech and payments. The government and regulatory bodies, such as the Financial Markets Authority (FMA), are open to innovation, which helps PSPs navigate compliance without overly restrictive barriers.
5. Cross-Border Opportunities: Positioned as a gateway to Asia-Pacific, New Zealand provides access to nearby economies, including Australia and Southeast Asia. Many companies expand into New Zealand as part of a broader regional strategy, facilitating partnerships and cross-border transactions. In addition, many companies choose New Zealand to set up a Financial Service Provider for non- New Zealand residents, which is like a Bank structure offshore in New Zealand. We will discuss this further below.
6. Innovation-Friendly Financial Sector: New Zealand’s banks and financial institutions are generally open to collaborating with fintech companies, especially in payment solutions. This willingness to integrate with external service providers enhances PSPs’ ability to scale and integrate into the financial ecosystem.
7. Consumer Trust in Digital Payments: New Zealand consumers increasingly trust digital and mobile payments, driven in part by the robust data privacy and security standards. PSPs that prioritize security and convenience are well-positioned to succeed.
8. Government Support for Fintech Growth: New Zealand’s government actively promotes fintech innovation through funding initiatives and collaborations with private sector players. This support creates a nurturing environment for payment service providers to innovate and grow.
In addition to the local benefits, there is a specific type of company unique to New Zealand called a Financial Service Provider (FSP). An FSP adapts itself ideally to the Fintech World, and it has all the services of a Bank and PSP, in a great jurisdiction, without needing the massive capital requirements.
These services can be expanded to include the following and are not limited at all to just these items. The New Zealand FSP company can add at anytime the following services ideal for a PSP:
· Issuing and managing a means of payment
· Operating a money or value transfer service
· Giving financial guarantees
· Changing foreign currency
· Trading financial products or foreign exchange on behalf of other persons
· Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons
· Wholesale and/or generic financial adviser services
· Broking service (including a custodial service)
· Custody
If you are interested in expanding your business to New Zealand or have any questions please contact me, Ryan@businesslistingsgroup.com
Also, if you have any financial services companies for sale, please let us know, we can engage to assist you in the sale of your Bank, Brokerage License, MSB, EMI, etc. We also offer these types of firms for sale through our mergers and acquisitions division.
Proposed Financial Activities Of A Crypto Currency Company and Exchange and Whether it Can Be Done In New Zealand as a Registered FSP
The proposed business of the FSP may include:
1. Receipt of fiat and cryptocurrencies and crypto assets (“assets”) from clients,
2. Holding such assets as client money or client property in trust for, and on behalf of, clients,
3. Receipt of investment returns, dividends, and other proceeds arising from client assets, and holding such proceeds as client money or client property in trust for, and on behalf of, clients,
4. Transfer of client money or client property in fulfilment of client orders, including for the purchase of, or subscriptions for, financial products sold by or issued by other parties (not the FSP),
5. An example of the financial activities that could be facilitated would be the receipt of assets from clients, in the form of fiat or cryptocurrencies, holding those funds as client money or client property, transferring those funds to a promoter or issuer, who will issue or sell interests in a fund, scheme or entity that owns, operates or rents out computer servers, which generate revenue and incur expenses in mining cryptocurrencies or adding blocks to a blockchain. Under this example, the FSP would not be establishing or operating the fund, scheme or entity, but would be facilitating client investments in, holdings of, disposals of, and distributions from, such funds, schemes or entities.
Questions the opinion is to address
This opinion addresses the regulatory and financial services and banking licencing, registration, and authorisation in New Zealand, required for the proposed provision of the services by the FSP:
1. Can the FSP lawfully provide the services of receiving and holding assets in the nature of cryptocurrencies and crypto assets as well as fiat currencies and traditional financial assets, from, for, on behalf of, and in trust for clients, according to the laws of New Zealand, and from a New Zealand business location?
1.1. Can these client money or property services be provided to:
1.1.1. New Zealand retail investors or retail clients
1.1.2. New Zealand wholesale investors or wholesale clients
1.1.3. Non-New Zealand retail investors or retail clients
1.1.4. Non-New Zealand wholesale investors or wholesale clients.
2. Can the FSP lawfully provide the services of receiving assets, revenue and proceeds from the issuers or purchasers of such client money or client property, according to the laws of New Zealand, and from a New Zealand business location?
3. Can the FSP lawfully provide the services of sending or transferring client money or client property to third parties, or to other locations, upon the instructions of clients or clients’ authorised delegates or agents, according to the laws of New Zealand, and from a New Zealand business location?
4. Can the FSP undertake the kind of activity of facilitating client investment in a crypto mining operation, as described?
Relevant definitions and concepts
5. The service of receiving and holding assets may be regulated in New Zealand as a “client money or property service.” The service is defined in s 431W Of the FMCA as:
A client money or property service—
(a)
is the receipt of client money or client property by a person and the holding, payment, or transfer of that client money or client property; and
(b)
includes a custodial service.
6. Client money is defined as:
client money means money—
(a)
received in connection with acquiring, holding, or disposing of a financial advice product or otherwise in connection with a financial advice product; and
(b)
received from, or on account of, a client by a person (A) (and not on A’s own
account)
7. Client property is defined as:
client property means property (other than money) to which the following apply:
(a) the property is a financial advice product, is a beneficial interest in a financial advice product, or is received in connection with a financial advice product; and
(b) the property is received from, or on account of, the client by a person (A) (and not
on A’s own account)
8. A financial advice product is defined in s 6 of the FMCA as:
financial advice product means—
(a) a financial product (as defined in section 7); or
(b) a DIMS facility; or
(c) a contract of insurance; or
(d) a consumer credit contract; or
(e) any other product declared by the regulations to be a financial advice product; or
(f) a renewal or variation of the terms or conditions of an existing financial advice product
Analysis
9. A crypto-asset may or may not be a “financial product” under s 7 of the FMCA depending on its characteristics. For example:
9.1. If the crypto-asset is a representation of a right to a commodity such as a Kg of wheat, held in storage by or for the issuer or for the holders of the crypto-asset, arguably it is not a debt security (since wheat is not “money” and a debt security is a right to be repaid money that has been lent to or deposited with or is owing by someone).1
9.2. a stablecoin issued by an issuer who promises to repay **money is a debt security and therefore a financial product.
10. A custodial service is also defined as in terms of holding a financial advice product in trust for a client.
** “Money” is defined to include “money’s worth” however this extention does not apply to the definitions of debt security, investor money and investor property, see s 6, FMCA. So, a debt security is strictly a right to be repaid money and not the right to be paid a non-money commodity, or an ownership interest in a non-money commodity.
11. Inasmuch as the crypto assets that the FSP holds or handles in this way are not financial products (and not financial advice products), the service is not regulated by the FMCA (and also requires no licence or authorisation in New Zealand) however, it is best to register as an FSP and as providing a financial service than be accused of not being registered.
12. Inasmuch as the crypto-assets that the FSP holds or handles in this way are financial products, the FMCA states:
(1)
This subpart and other legislation regulate client money or property services as follows:
(a)
the Financial Service Providers (Registration and Dispute Resolution) Act 2008 provides for when a person in the business of providing the service must be registered under that Act and when that provider must be a member of an approved dispute resolution scheme. The provider is not required to hold a market services licence:
(b)
a person who provides the service must—
(i) disclose information to retail clients under section 431X; and
(ii) exercise care, diligence, and skill under section 431ZA; and
(iii) handle client money and property in accordance with sections 431ZC to 431ZH, including holding the money or property on trust (if those duties apply under section 431Z(2)):
(c) section 431ZI sets out who is responsible if those duties are contravened.
13. Accordingly, the registered FSP that the client is considering acquiring, can provide the services in connection with crypto-assets and fiat money without being required to hold any other licence or authorisation in New Zealand.
14. The regulation summarised above of client money or property service applies to services received by a client or an investor in New Zealand, regardless of where the person providing the service is resident, incorporated or carries on business (s 387, FMCA).
15. The FSP is free, under New Zealand law, to provide the same services to clients outside New Zealand, noting that foreign financial services and financial products laws may apply to the provider depending on the locations of the clients, and the location of the FSP and/or its assets and operations.
16. In summary, the services may be provided:
16.1. In respect of crypto-assets and fiat money and other traditional financial assets that are financial products, and those that are not financial products, and
16.2. To clients that are New Zealand retail clients or investors (noting that additional disclosure and conduct requirements apply to the way the service is provided), and
16.3. To clients that are New Zealand wholesale clients or investors (noting that some conduct requirements apply to the way the service is provided), and
16.4. To clients that are non-New Zealand clients or investors, both retail and wholesale, (noting that some conduct requirements apply to the way the service is provided).
17. A registered FSP may also provide the services of issuing e-money and transferring money or value without any further authorisation or licence.
18. However, the issuing of e-money to New Zealand retail clients or investors may constitute the making of a regulated offer of a financial product, which is a debt security, and which may require a licence or Product Disclosure Statement under the FMCA and the Non-bank Deposit Takers Act 2013 respectively. Rather than issuing such a financial product, the FSP may wish to hold client money in trust for New Zealand retail clients, as a regulated client money or property service, as discussed above, which is not a regulated offer of a financial product and does not require a licence or authorisation.
19. An FSP is restricted from receiving client money or property for the acquisition of a contravening product, when the provider knows, or ought reasonably to know, that the product is a contravening product (s 431ZB, FMCA). This primarily applies to New Zealand retail investors who would be investing in regulated offers, and only those that contravene the FMCA or the regulations under it.
20. Subject to the above, the FSP can receive and pass on client money from investors to the promoters or operators of a crypto-mining operation, as part of a client money or property service. It can also receive, in respect of those client investments, the returns or proceeds, and hold them as client money or property. No separate licence or authorisation is required.
Conclusion
21. A registered FSP is able to provide the scope of services detailed above, without requiring any further licencing or authorisation in New Zealand, and the service may be provided to clients both in New Zealand and outside New Zealand, both wholesale investors or wholesale clients, and retail investors or retail clients.
New Zealand is a great place to run a crypto company for several reasons:
1. Progressive Regulatory Environment: New Zealand is known for its supportive yet clear regulatory approach to financial and technological innovation. The Financial Markets Authority (FMA) has provided guidance on how cryptocurrency businesses should operate within the country, offering clarity that helps companies navigate compliance effectively. This reduces regulatory uncertainty, which is beneficial for crypto businesses looking for stable ground to build on.
2. Blockchain-Friendly Ecosystem: New Zealand has a growing blockchain ecosystem, with various blockchain associations and educational resources supporting industry growth. Universities and tech hubs are increasingly incorporating blockchain into their programs, helping create a knowledgeable workforce ready to support crypto companies.
3. Favorable Business Climate: New Zealand ranks highly for ease of doing business, often placing in the top rankings globally. This includes simplified procedures for starting a business, low levels of corruption, and supportive government initiatives for startups and tech companies. This makes it easier for crypto firms to set up and operate efficiently.
4. Innovation-Driven Culture: The country has a culture of embracing innovation and entrepreneurship. With a history of tech startups and government-backed programs to support tech-based companies, New Zealand provides an environment that encourages creativity and fosters innovative solutions in the cryptocurrency space.
5. Tax Benefits for Crypto Companies: The New Zealand government has introduced a crypto-friendly tax framework that includes benefits for certain types of crypto transactions. Cryptocurrencies are treated as property, not currency, allowing for some tax flexibility. In 2020, New Zealand also became one of the first countries to allow cryptocurrency salaries, further reinforcing its open approach to crypto.
6. High-Quality Infrastructure and Connectivity: New Zealand has excellent internet infrastructure and connectivity, which is essential for running a blockchain or cryptocurrency business. With advanced digital networks, crypto companies can ensure seamless transactions, high security, and reliable user experiences.
7. Access to Talent: The country attracts tech talent from around the world due to its high quality of life, scenic beauty, and work-life balance. New Zealand’s growing tech sector, combined with immigration programs that welcome skilled workers, allows crypto companies to access top talent locally and internationally.
8. Reputation for Trust and Security: New Zealand’s reputation as a trustworthy and secure country is an asset for crypto companies. Investors and clients are more likely to feel confident engaging with a business in a jurisdiction known for its stability, transparency, and commitment to security.
9. Sustainability and Green Energy: Many blockchain and crypto projects are looking for eco-friendly ways to operate, especially as the industry faces criticism for energy consumption. New Zealand’s commitment to renewable energy sources and sustainability aligns with the goals of environmentally-conscious blockchain projects, providing a foundation for responsible crypto operations.
These factors combined make New Zealand an attractive and strategic location for launching and operating a crypto company, especially for businesses prioritizing regulatory clarity, innovation, and sustainability.
NEW ZEALAND IS IDEAL FOR YOUR CRYPTO COMPANY JURISIDICTION:
An FSP adapts itself ideally to the Fintech World, especially Crypto, and it has all the services of a Bank and Crypto Exchange or Service Provider, in a great jurisdiction, without needing the massive capital requirements.
These services can be expanded to include the following and are not limited at all to just these items. The New Zealand FSP company can add at anytime the following services ideal for a Crypto Company:
– Issuing and managing a means of payment (inclusive of crypto)
– Operating a money or value transfer service
– Giving financial guarantees
– Changing foreign currency
– Trading financial products or foreign exchange on behalf of other persons
– Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons
– Wholesale and/or generic financial adviser services
– Broking service (including a custodial service)
– Custody
If you are interested in expanding your business to New Zealand or have any questions please contact me, Ryan@businesslistingsgroup.com
Also, if you have any financial services companies for sale, please let us know, we can engage to assist you in the sale of your Bank, Brokerage License, MSB, EMI, etc. We also offer these types of firms for sale through our mergers and acquisitions division.
Australian Companies Primary and Dual Listing on the Frankfurt Stock Exchange?
Do you want to take your company public on a European Stock Exchange? There are many different providers in the marketplace but most of them ask for exorbitant upfront fees. You will find so-called German Stock exchange listings specialists and sponsors in Dubai, UK, Switzerland, Germany, even Australia and Canada, but for the most part they overcharge upfront and take months and months to list your company.
A Primary Listing generally will cost under EUR 100,000, however, the minimum Sponsor upfront cost should be EUR 20,000 and all other expenses should be paid out invoice by invoice directly from the private company wanting to list their shares on the Frankfurt Stock Exchange.
A Dual Listing of an existing ASX or NSX company should be no more than EUR 10,000 upfront fee, which would be your total cost of Dual listing your firm.
Therefore you can dual list for only EUR 10,000 and start a primary listing process with a commitment of only EUR 20,000.
For a proposal for your company, contact Ryan@Businesslistingsgroup.com. Our consortium at FSE Listings Inc has listed more companies than any other provider on the market (over 1,000).
Australian Stock Exchange not worried about German shift
The ASX does not think there has been a drift by Australian companies from the ASX to Frankfurt but admits it needs to do more to attract small to mid-cap companies to list. However with listings costs starting at EUR 20,000 for new companies listing on the Frankfurt Stock Exchange, the Australian Stock Exchange should be nervous, when the average listings cost on the Australian and NSX markets including the sponsor brokers, listings costs, and reporting requirements is costly for new companies who simply want a listing in a reputable stock market. (AUD 300,000+ and costly reporting requirements)
Richard Murphy, general manager of capital markets at the ASX, said the number of Australian companies listed in Frankfurt did not represent a drift from the ASX to Frankfurt as the majority of the Australian companies listed on the Frankfurt Stock Exchange had not sought a listing there. (Source: SmartMoney)
“They are not actual listings on the Frankfurt Stock Exchange, what has actually been happening is that [the exchange] just started quoting stocks and they simply put them up,” says Murphy. “Frankfurt has been marketing over here as has the Munich Stock Exchange more aggressively.”
What he is referring to is the dual listing of Australian Stocks on the Frankfurt Stock Exchange, which only costs EUR 10,000 to complete. (www.businesslistingsgroup.com)
“The theme all around the world is that companies of every size are being traded all over the world in very different ways,” says Murphy.
“We have decided many times not to set up an entry board or an alternative investment market, nobody wants it as you are looking for trouble down the line by setting it up.
Murphy acknowledged that there were often liquidity issues for smaller and mid-size companies listing on the ASX.
The Frankfurt Stock Exchange offers that opportunity to create liquidity by dual listing the ASX listed company on the Frankfurt Exchange. Or new companies looking to list can make their primary listing in Frankfurt versus Australia, lowering their costs, listing requirements, and providing less liquidity issues that are seen in the ASX and NSX markets. The ASX has no intention to market to the SME market as stated, Murphy defended the ASX’s decision not to open a second listing board saying companies had said they liked a single, high profile, high quality board where everyone must comply with minimum standards. This decision has put out of reach listing for many small and medium companies, therefore, these Australian firms should realistically be looking to Frankfurt to arbitrage the decision of their local market for the least cost, most viable, liquid market of Frankfurt.
There is a clear advantage of Australian Companies listing on the Frankfurt Stock Exchange, most of the small businesses in Australia are very small and have a small number of shares on issue which are tightly held by the people that started that company. The people who have invested are like venture capital investors, who have grown the mining company, fintech company, medical firm, and business to a certain size that they would like to raise more capital or create a liquidity event by going public. The requirements of 400 shareholders, and costs of listing in Australia do not offer an easy answer, but the Frankfurt Stock Exchange encourages these businesses, with a huge appetite historically for Australian based companies.
In comparison to the NSXA and BSX, who have been shunned by business owners such as Morffew who say there is “no liquidity whatsoever” on the secondary boards, the Frankfurt boasts one of the most liquid markets in the World. (Listing fees starting at EUR 20,000 with www.businesslistingsgroup.com, the leading listing group for Frankfurt listings under their wholly owned brand name www.FSEListings.com)
Emlyn Scott, chief executive of the NSXA, concedes a lack of liquidity is an issue for the exchange and one he is seeking to address six months into his role as chief executive. He claims the ASX has similar liquidity concerns, saying “liquidity down the bottom end of the ASX is a very long tail”. Scott says it is “astonishing” to hear of the number of Australian companies listing on the Frankfurt stock exchange. “We want to be the best listing exchange, we need to provide good secondary trading but to do that we need to aggregate our companies to encourage them to trade on other markets.” (Source SmartMoney)
With those words of encouragement to dual list ASX, NSXA, and BSX Australian Dual listings on the Frankfurt Stock Exchange, it is no wonder Australians are rushing to the Frankfurt market.
Ideal for mining companies, Fintech, Financial Services, Software, Medical, Recruitment, Property/Development, farming, Pharmaceutical, Energy, and most industries. With over 800 Australian companies having sought dual listings, the formula is no secret to those who know they need a dual listing in Frankfurt. Dual Listings start at EUR 10,000, of which professional public relations work can be sourced and budgeted for primary goals of the company through
Business Listings Group (www.businesslistingsgroup.com)
About Gaining Long Term Investors from Europe
European investors tend to invest and hold their shares for a minimum of 1 year on average, which is a very attractive “suppy” and “demand” proposition for a public company which has a limited supply of shares to trade in the market (Issued Public Float). Therefore, this adds to both price stability, and maintaining solid value in the company.
“They very much take a long-term strategic view on investments. They’re not traders. Once they invest, they’re very sticky. They’re interested to know what the strategy is, what the long-term play is” says Luke Reinehr, CEO and chairman of Kalamazoo Resources.
In the first half of this year, Frankfurt OTC transactions involving Australian shares totalled just under €150 million ($247 million). Considering the market, this is a great opportunity for Australian Companies, as this is EUR 150 million likely out of their float for up to 1 year.
“If the market is correcting in the mining sector, the Canadians and Australians will sell first and the Europeans will hang onto their shares because of their mentality – they are long-term investors,” says Wolfgang Seybold, chairman of German investment and investor relations firm Axino.
If you Build it will they Come?
As a Business Listings Professional and owner of www.stockexchangelistings.com, www.asxlistings.com, www.fselistings.com, www.businesslistingsgroup.com, and many more sites with over 20 million viewers per month and a European database of over 3 million investors, we understand what it means to get seen as a company and what that means to your listing on the stock exchange.
If Australians really want to attract German investors and bolster their shareholder base with long term investors from Europe, it is not enough to just “have a broker” to “make the market” in the stock as a Market Maker.
Ryan Gibson of Business Listings Group Ltd in the London, New York, Frankfurt, Johannesburg, Perth, and Toronto Canada states, “Companies will come to us and expect for EUR 10,000 dual listing of their Australian companies, that just by dual listing the investors will find them. As I explain to companies, when you go public it is like you are running two businesses, one is the day to day operations of your regular company, selling that product or service, and the other company you run is the Public company, which involves your strategy to bring value to your shares and shareholders, and selling and marketing the stock listed on the exchange. They are dependent upon each other, but they are both full time jobs, and every CEO must be prepared for this and budget appropriately.
Ryan Gibson, a Stock Exchange Listings specialist for over 20 years mentioned that the budget of such marketing could be 20,000 euro for a month, 50,000 euro for 3 months, or maybe it’s the minimum amount of 5,000 euro per month simply to keep eyeballs and press. However, it must be budgeted for the best result for the company, or they will have the same fate of just listing on their home NSXA, BSX, or ASX illiquid markets. (www.businesslistingsgroup.com)
“What you find with a lot of Australian companies is, they just get the dual listing and then they think investors will find them,” says Matthew Reynolds, a Frankfurt-based Australian with German advisory firm DGWA. “Basically they don’t: unless you get out and engage with the German stockholders and the media, then investors are not even going to look twice at a company.”
Charles Van Musscher, www.businesslistingsgroup.com, also says that a roadshow has always been a very important part of engaging with investors in the German market, and is something most Australian companies need to be prepared for. With Corona-Virus now a part of our daily life, strategies for online roadshows, investors meetings on Zoom, and virtual introductions needs to suffice until CEO’s and their teams can take a flight into Europe.
“I have done a fair bit of marketing in Germany and Switzerland, because there was interest in that part of the world in what we’re doing,” says Keith Coughlan, executive chairman of lithium miner European Metals Holdings.
Reinehr agrees: “You’ve got to go and press the flesh and speak to potential investors. We have relationships in Germany, we do regular online interviews, we get our ASX announcements translated.”
Stefan Müller, DGWA’s CEO, says the culture of approaching German investors differs from that in Australia.
(Quotations from article written and published on AFR by Hans Van Leeuwan, and requoted with our interpretations as answers to those comments.)
Business Listings Group Ryan@businesslistingsgroup.com (Ryan Gibson) have a proven and consistent European marketing approach which includes engagement with our extensive database of investors, connections with finance media, German language translation of corporate interviews with CEO, dissemination of ASX releases throughout EU finance channels, engagement with significant investors and family offices in Europe and the UK.
Dual Listing ASX listed companies on the FSE usually costs around EUR 10,000, with additional proposals available for marketing engagement and starting at EUR 20,000 consulting for listing on the Main market as a new company’s primary listing on the Frankfurt Stock Exchange. Contact ryan@businesslistingsgroup.com
Within Australia, what might look like the right stepping stone to equity partners or FSE Law firm, and present themselves as the go public pro’s, just take into considerations that you should:
1. Never give up any equity to the consultants helping you list. (No matter what they promise.)
2. Don’t start a listing with more than EUR 20,000 paid in advance at any given time.
If someone is trying to sell you a listing on the Frankfurt Stock Exchange, Dusseldorf, Vienna, Canada, US, or London such as AIM or AQUIS, please contact me for free, I can help you with due diligence and affirm if they can actually do what they say they can do. Info@fselistings.com
Ryan Gibson, Business Listings Group Ltd.
RSA: +27 12 743 5007
New Zealand : +64098899007
UK : +44 020 3286 6007
USA : +19146133007
www.businesslistingsgroup.com
If you are looking to dual list your firm on the Frankfurt Stock Exchange, the cost is roughly 10,000 EUR. This includes the market maker, full application and documentation required as an Australian Stock Exchange Company. Business Listings Group (formerly FSE Listings Inc) owned by Ryan Gibson can assist with listing your company. With over 3,000 dual listings in our collective team, we at one point listed almost 10 percent of the total listings on the Frankfurt Stock Exchange. Popular FSE Law, Frankfurt Listings, and Go Public strategies that can also allow for more liquidity for your firm. At the moment, in now 2021, Australian companies again are flocking to the market place. Generally a good newsletter and licensed websites for touting companies now more than ever people are getting investors trading online frankfurt stocks with the captive audience of individuals trading for a living in Europe.
The market is now where the US was 10 years ago, and advancing rapidly, volumes are increasing and more than anytime before, it is a good time for Australians to go public in Frankfurt. According to “www.stockexchangelistings.com” Australian Fintech companies, Mining Companies, Agriculture, and Energy firms are doing very well on the Frankfurt Stock Exchange. We can have you dual listed in 2 weeks, and you can take advantage of this liquidity event within the month.
About Frankfurt Stock Exchange:
Frankfurter Wertpapierborse (FWB®, the Frankfurt Stock Exchange) is one of the world’s largest trading centres for securities. With a share in turnover of more than 85 per cent, it is the largest of Germany’s seven stock exchanges. Deutsche Borse AG operates the Frankfurt Stock Exchange, an entity under public law. In this capacity it ensures the functioning of exchange trading.
About XETRA:
The XETRA® trading platform is one of the most internationally connected trading platforms in the world. XETRA is a fully electronic trading system which aggregates buy and sell orders of licensed traders in a central computer. If the number of securities and their price correspond, the orders are automatically matched.
The strong performance of XETRA is illustrated by the fact that more than 90 percent of the entire share trading at German exchanges is now handled through XETRA. One-fifth of these orders are placed by private investors.
Since 2011 trading on the Frankfurt floor runs on XETRA as well, but is still supported by traders. The system calculates the matching prices and specialists overlooks the execution. Specialists function in this environment as market makers.
The new FINTECH Market and TECHNOLOGY companies listed in the Canadian Stock Exchange are active winners taking advantage of the Frankfurt Stock Exchange dual listings market. Fintech companies have been experiencing volume of shares trading, global recognition, penetration into the European markets, and long term new investors.
FSE Listings Inc is in the middle of the action, helping people list quickly and effectively their dual listings into Europe. Dual listing your CSE or TSX company brings more volume and share sales into a market looking for long term investment, most German investors hold shares for up to 1 year or more, and typically Pension funds can invest in local registered exchanges within the EU, opening a new institutional market for Canadian firms raising capital. For 10,000 euro, firms can quickly gain access to the German marketplace, some of the firms and markets of which Canadians have chosen to dual list include: (Contact Ryan@businesslistingsgroup.com for more information on dual listings and packages available for Canadian Public Companies.)
Examples of Canadian Fintech and Technology Listed Firms Dual Listing on the Frankfurt Stock Exchange:
Cloud Nine Web3 Technologies announced that its common shares have commenced trading on the Frankfurt Stock Exchange under the ticker symbol “1JI0”. The Company has been assigned an International Securities Identification Number (ISIN: CA18913C1014) and a German Securities Identification Number (WKN: A2QQ2V). Cloud Nine Web3 Technologies is a technology company focused on incorporating emerging technologies into its current platforms leveraging Web 3.0. Cloud Nine’s mission is to fuel innovation and make the future more accessible by powering the launch and growth of future tech companies. Web 3.0 enables a future where decentralized users and machines are able to interact with data, value and other counterparties via a substrate of peer-to-peer networks without the need for third parties. https://cloud9web3.com
Galaxy Digital Holdings Ltd. (TSXV: GLXY) (“Galaxy Digital” or the “Company”), a diversified, multi-service merchant bank dedicated to the digital assets and blockchain technology industry, is pleased to announce that the Company’s shares have been accepted for trading on the Frankfurt Stock Exchange under the trading symbol 7LX (WKN: A2JRV8, ISIN: KYG370921069). With this listing, Galaxy Digital’s common shares are now dual-listed on the TSX Venture Exchange and the Frankfurt Stock Exchange, one of the largest stock exchanges in the world by market capitalization. The Company’s listing is an integral part of Galaxy Digital’s efforts to increase shareholder value while simultaneously positioning the Company for expansion into the European markets, and further establishing corporate awareness and brand recognition as it continues to execute against its long-term strategic plan of building a world-class firm.
Voyager Digital (Canada) Ltd. (“Voyager”) (TSXV: VYGR; Pink Sheets: VYGVF), today announced that the Company’s shares are trading on the Frankfurt Stock Exchange under the symbol UCD2 (ISIN:CA92917M1005 WKN:A2PD6T) Voyager is now listed on the TSX Venture Exchange, the OTC Pink Sheets and the Frankfurt Stock Exchange. With this additional listing on one of the world’s largest stock exchanges by market capitalization, Voyager expands its investor base to European investors. This is an important aspect of Voyager’s broader growth strategy to reach a global audience, both through its stock listing and its crypto trading platform, all to build value for its shareholders.
ProStar Holdings (“ProStar™” or the “Company”) (TSXV: MAPS) (FSE: 5D00) is pleased to announce that the Company’s shares have been accepted for listing on the Frankfurt Stock Exchange (“FSE”) and commenced trading on Wednesday February 3, 2021. The shares trade under the trading symbol FSE: 5D00. The Company’s common shares are now cross-listed on the TSX Venture Exchange and the FSE.
GlobeX Data Ltd. (OTCQB:SWISF)(CSE:SWIS)(FRA:A2PN34) (“GlobeX” or the “Company”), the leader in Swiss hosted secure data management and secure communications, is pleased announce that is common shares have started trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under WKN: A2PN34 and the symbol “GDT”. The Company’s shares continue to be listed on the Canadian Securities Exchange (CSE) under the symbol “SWIS” and on the OTC Markets (OTCQB) under the symbol “SWISF”. The Company’s shares will now be cross-listed on the Canadian Securities Exchange (“CSE”), the OTC Markets (“OTCQB”) and the Frankfurt Stock Exchange (“FRA”). GlobeX anticipates the Frankfurt listing will help increase trading liquidity and facilitate investment in the Company by institutional and retail investors across the European Union and Switzerland.
Hapbee Technologies, Inc. (TSXV: HAPB) (FSE: HA1) (“Hapbee” or the “Company”), a wellness technology company developing the revolutionary Hapbee wearable, is pleased to announce that its common shares commenced trading on the Frankfurt Stock Exchange under the symbol “HA1”. Hapbee’s common shares are now dual listed on the TSX Venture Exchange under the symbol “HAPB” and on the Frankfurt Stock Exchange. Hapbee is a wearable magnetic field technology company that aims to help people choose how they feel. Powered by patented ultra-low radio frequency energy (ulRFE®) technology invented and licensed by EMulate Therapeutics, Inc., Hapbee delivers low-power electromagnetic signals designed to produce sensations such as Happy, Alert, Focus, Relax, Calm and Sleepy.
Toronto-based Perimeter Medical Imaging AI Inc. listed its stock on the Frankfurt Stock Exchange under the symbol 4PC, marking a secondary listing for the company. The medical device maker, which has a U.S. headquarters in Dallas, said its common shares will continue to trade on the TSX Venture Exchange under the symbol PINK. Frankfurt is responsible for approximately 90 percent of all securities traded in Germany. The FWB facilitates advanced electronic trading, settlement and information systems and enables cross-border trading for international investors.
Business Listings Group Ltd & FSE Listings Inc
With over 3000 listings on the Frankfurt Stock Exchange within the FSE Listings consortium, we are experts in listing your Canadian listed and public companies onto the Frankfurt Stock Exchange. We are one of the most active firms listing companies and providing market support in Europe. Many new firms have tried to offer our service level, however, we have been offering these services since 2000, with over 20 years dual and primary listing on Frankfurt. Experts in FSE Law, Listings, Mergers and Acquisitions. For 10,000 euro, you can quickly dual list on the Frankfurt market, contact us for a listing proposal and Public Relations. Ryan@businesslistingsgroup.com
FSE Listings: Recent Novelty Food, Cannabis, Mushroom, and Life Sciences Canadian TSX and CSE Dual Listing on The Frankfurt Stock Exchange
Canadian Stock Exchange Listings are active again on the Frankfurt Stock Exchange, and FSE Listings Inc is in the middle of the action, helping people list quickly and effectively their dual listings into Europe. Dual listing your CSE or TSX company brings more volume and share sales into a market looking for long term investment, most German investors hold shares for up to 1 year or more, and typically Pension funds can invest in local registered exchanges within the EU, opening a new institutional market for Canadian firms raising capital.
For 10,000 euro, firms can quickly gain access to the German marketplace, some of the firms and markets of which Canadians have chosen to dual list include: (Contact Ryan@businesslistingsgroup.com for more information on dual listings and packages available for Canadian Public Companies.)
Novelty Food and Bio/Life Sciences in Canada Dual listing on the FSE
Organto Foods has now been listed on the Frankfurt Stock Exchange (Deutsche Börse, OGF). This international organic fruit and vegetable supplier has been on the TSX Venture Exchange (OGO) since 2015. The company wants to make the world more sustainable. It intends to achieve this by connecting global organic demand and supply.The FSE is Germany’s largest stock exchange. It’s also the fourth largest in the world in terms of securities trading and turnover. This listing enables Organto Foods to respond to the rising European trading demand. They want more sustainable, organic food companies. The listing now makes it easy for European investors to invest in Organto. And so, contribute to the international increase in organic fruit and vegetable trading.
Pascal Biosciences Inc. (TSX.V:PAS) (“Pascal” or the “Company”) is pleased to announce that its common shares were accepted for listing on the Frankfurt Stock Exchange (“FSE”) under the trading symbol 6PB | ISIN: CA7024781089 | WKN: A2DQU4. The Company’s common shares are now cross-listed on the TSX Venture Exchange and the FSE. The Frankfurt Stock Exchange is one of the world’s leading international stock exchanges by revenue, profitability, and market capitalization. The FSE provides access to millions of international investors, and only NASDAQ and the New York Stock Exchanges are larger. An FSE listing is expected to increase trading liquidity and can assist in attracting investment by institutional and retail investors in Europe. Pascal’s Frankfurt listing can be found at https://www.boerse-frankfurt.de/equity/pascal-biosciences-inc
Red Light Holland Corp. (CSE: TRIP) (“Red Light Holland” or the “Company“), an Ontario-based corporation positioning itself to engage in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange (“FSE“) under the symbol “4YX”. The Company’s common shares continue to be listed on the Canadian Securities Exchange (“CSE“) under the symbol “TRIP”.
BioHarvest Sciences Inc. (“BioHarvest” or the “Company”) (CSE: BHSC) announces that it is now trading on the Frankfurt Stock Exchange. BioHarvest Sciences Inc. is now listed on the Frankfurt Stock Exchange (also known as the Deutsche Boerse AG) under WKN: A2P3RM and the symbol 8MV. The company’s shares continue to be listed on the Canadian Securities Exchange under the symbol C.BHSC. The Frankfurt listing will increase the visibility of the Company amongst European investors and will make it easier for both institutional and retail investors across Europe to participate in the market for BioHarvest shares.
Havn Life Sciences Inc. (CSE : HAVN) (FSE : 5NP)(the “Company” or “Havn Life”), a biotechnology company focused on unlocking human potential using evidence-informed research, and developing standardized psychoactive compounds derived from plants and fungi, is pleased to announce that it has been accepted to list its common shares on the Frankfurt Stock Exchange (FSE) under the trading symbol (5NP). The Company’s shares are now cross-listed on the Canadian Securities Exchange (CSE) and the FSE.
ELSE NUTRITION HOLDINGS INC. (BABY.V) (BABYF) (0YL.F) (“Else” or the “Company”), is pleased to announce that its common shares were accepted for listing on the Frankfurt Stock Exchange (FSE) under the trading symbol 0YL. The Company’s common shares are now cross-listed on the TSX Venture Exchange, the OTCQB and the FSE. The FSE listing is expected to increase trading liquidity in the Company’s shares, as well as to assist in attracting investment by institutional and retail investors in Europe .
Pasha Brands Ltd. (“Pasha” or “Company”) (CSE: CRFT) (OTC: CRFTF) (FSE: ZZD), Canada’s largest craft cannabis organization, is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange (FSE) trading under the ticker symbol “ZZD”.Pasha operates as a brand house representing Canada’s most established craft cannabis cultivators, producers and retailers. This listing serves as the European market’s first look at the vertically integrated craft cannabis organization. Within the Pasha umbrella resides award-winning brands that have firmly established themselves in British Columbia – a region known around the world for its high-quality craft cannabis product. The Company’s common shares will continue to trade on the Canadian Securities Exchange (CSE) under the ticker symbol “CRFT.” Pasha’s subsidiary, Medcann Health Products Ltd., is a Health Canada licensed cultivator and processor with a license to sell medical cannabis products in Canada.
The Very Good Food Company Inc. (CSE: VERY) (“VGFC” or the “Company”) is pleased to announce that its common shares were accepted for listing on the Frankfurt Stock Exchange (FSE) under the trading symbol (0SI). The Company’s common shares are now cross-listed on the Canadian Securities Exchange (CSE) and the FSE. The Very Good Food Company Inc. is an emerging plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. Our mission is to employ plant-based food technology to create products that are delicious while maintaining a wholesome nutritional profile. To date we have developed a core product line under The Very Good Butchers brand.
World Class Extractions Inc. (CSE: PUMP) (the “Company” or “World Class”) is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange and are trading under the ticker symbol “WCF” and “WKN: A2PF9C”. The Company’s common shares continue to be listed on the Canadian Stock Exchange under the ticker symbol “PUMP”.
Business Listings Group Ltd & FSE Listings Inc
With over 3000 listings on the Frankfurt Stock Exchange within the FSE Listings consortium, we are experts in listing your Canadian listed and public companies onto the Frankfurt Stock Exchange. We are one of the most active firms listing companies and providing market support in Europe. Many new firms have tried to offer our service level, however, we have been offering these services since 2000, with over 20 years dual and primary listing on Frankfurt. Experts in FSE Law, Listings, Mergers and Acquisitions. For 10,000 euro, you can quickly dual list on the Frankfurt market, contact us for a listing proposal and Public Relations. Ryan@businesslistingsgroup.com
Mining Companies in Canada Dual Listing on the Frankfurt Stock Exchange from CSE and TSX
Business Listings Group Ltd, operating with Ryan Gibson, Ryan@businesslistingsgroup.com has listed over 200 Canadian Mining companies on the Frankfurt Stock Exchange as dual listings. Here are some recent listings of Canadian Mining Companies on the Frankfurt Stock Exchange. If you are interested in Dual Listing your Canadian mining firm, please contact us.
List of Recent Listings of Mining Companies on The Frankfurt Stock Exchange
Hawkmoon Resources Corp. (CSE: HM, FSE: 966) (“Hawkmoon” or the “Company”) is pleased to announce a Börse Frankfurt listing in Germany (the “FSE”) under the symbol “966” (FSE: 966). With this listing, the Company’s shares are now cross-listed on the Canadian Securities Exchange (“CSE”) and the FSE. The FSE is the world’s 12th largest stock exchange by market capitalization and is owned and operated by Deutsche Börse AG and Börse Frankfurt Zertifikate AG.
Kingfisher Metals Corp. (TSXV:KFR) (FSE:970) (“KFR” or the “Company”) is pleased to announce that the Company’s shares have been accepted for listing on the Frankfurt Stock Exchange (“FSE”) and commenced trading on March 25, 2021 under the symbol “970”. The Company’s common shares are now cross listed on the TSX Venture Exchange and the FSE. The FSE is one of the world’s leading international stock exchanges by revenue, profitability, and market capitalization and is the largest of Germany’s stock exchanges.
Gold Corp. (CSE: NSJ) (“NSJ”) is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the symbol (WKN: A2QQ5R) (FSE: 9PZ). With this listing, the Company’s shares are now cross-listed on the Canadian Securities Exchange (“CSE”) and the Frankfurt Stock Exchange, one of the largest stock exchanges in the world. NSJ anticipates the Frankfurt listing will help increase trading liquidity and facilitate investment in the Company by institutional and retail investors across Europe.
Euro Manganese Inc. (TSX-V/ASX: EMN) (“EMN” or the “Company“) is pleased to announce its listing on the Frankfurt Stock Exchange.
Ameriwest Lithium Inc. (CSE: AWLI) (the “Company” or “Ameriwest”) is pleased to announce that it has begun trading on the Frankfurt Stock Exchange (the “FSE”) under the following trading symbol and codes: FSE: 5HV0 WKN: A3CMEX ISIN: CA03078L1040. With this listing, Ameriwest’s common shares are now dual-listed on the Canadian Securities Exchange and the Frankfurt Stock Exchange, one of the largest stock exchanges in the world. The Company anticipates this FSE listing will increase trading liquidity and facilitate investment in Ameriwest by investors in Germany, Switzerland, Luxembourg and the rest of Europe.
Noka Resources Inc. (the “Company” or “Noka”) (TSX-V: NX FSE: 2NK) is pleased to announce that it has listed its common shares on the Frankfurt Stock Exchange (FWB) under the ticker symbol “2NK” and WKN number: A1W6E8. The Shares were listed by German market maker Baader Bank Aktiengesellschaft who will maintain the order book.
Once again, Australian companies are dual listing on the Frankfurt Stock Exchange in volume to create liquidity events for their clients. With the onset of Covid, more and more traders are taking to online platforms such as trading Frankfurt shares, increasing the volume of dual listing companies and gaining exposure into the European market who is looking for alternative markers to list within.
- Within the agriculture sector Wide Open Agriculture did a Dual Listing on Frankfurt Stock Exchange in 2018, beginning the wave again of Australian firms by the Dual listing of WOA shares on Frankfurt Stock Exchange. WOA shares trade under code ‘2WO’ listed for the purpose of Broadening WOA’s European investor appeal. (FSE Listings: www.fselistings.com)
- Weebit Nano shares listed on the Frankfurt Stock Exchange as an Australian Dual listing as did NQ Minerals Plc (AQSE:NQMI), the green mining company with significant mining operations in Tasmania Australia, is pleased to announce the Company’s ordinary shares are now dual listed on the Frankfurt Stock Exchange (“FSE”). Trading commenced today Wednesday, May 5 2021 at 8:00 a.m. (CET) under the code 44D. (ASX Listings: www.asxlistings.com)
- NQ is among the first companies with a primary listing on London’s Aquis Exchange (“AQSE”) to achieve a dual listing on the FSE and have worked closely with Deutsche Gesellschaft für Wertpapieranalyse GmbH (“DGWA”), a mining and resource focused European investment banking boutique, to achieve this milestone. The Company’s primary reporting exchange remains London AQSE and, as previously announced, the Company is working to seek admission of its ordinary shares to the Standard List on the Main Market of the London Stock Exchange. (ASX Listings www.asxlistings.com)
- PERTH: TYMLEZ Group Limited, blockchain platform provider, announced the completion of a dual listing on the Frankfurt Stock Exchange. The listing on the Frankfurt Stock Exchange is active as of today and makes it easy for European investors to buy and sell TYMLEZ shares and broadens the market to attract future funds. “There has been a lot of demand from European investors to have an easy access to trade TYMLEZ shares. With this dual listing we leverage ASX’s cooperation with the Frankfurt Stock Exchange and we fulfil a long time wish from European investors for easy access to trade possibilities of TYMLEZ shares” said Reinier van der Drift, CEO of TYMLEZ. “Another advantage of this dual listing in Frankfurt is that it does not incur additional ongoing costs or reporting obligations,” said Jitze Jongsma, CFO of TYMLEZ. (FSE Listings: www.fselistings.com)
- TORONTO and MELBOURNE, Australia, March 1, 2021 /CNW/ – BANXA (TSX-V: BNXA) (FSE: AC00) (“BANXA” or “Company”) a Payment Service Provider (PSP) focused on providing clients safe, compliant access to the digital assets market, is pleased to announce it has begun trading today on the Frankfurt Stock Exchange under the following codes, FSE Symbol: AC00, WKN: A2QQHE, ISIN: CA06683R1010. Founder & Chairman Domenic Carosa stated “Dual listing onto the Frankfurt Stock Exchange will help expand our reach into the European investor community who are seeking exposure to the growing digital asset ecosystem”. The Frankfurt Stock Exchange ranks third globally in terms of volume of trading behind the New York Stock Exchange and the Nasdaq Stock Market and will provide Banxa wider access to European and other international investors. The Frankfurt Stock Exchange is another exciting component of Banxa’s public market strategy and will make it easier for Europeans to invest. The Frankfurt Stock Exchange accounts for over 90 per cent of the volume of all German stock exchanges and represents a large share of the European market. The Frankfurt Stock Exchange has more than 250 international trading institutions and more than 4,500 traders. Investors directly connected to the Frankfurt Stock Exchange represent 35 percent of the world’s investment capital. (FSE Listings: www.fselistings.com)
- Antisense Therapeutics Limited [ASX:ANP | US OTC:ATHJY] dual listed on the Frankfurt Stock Exchange (FSE) its Australian Company, under the code AWY. The dual listing was possible without primary listing procedures and there is no requirement to issue any additional shares due to Company’s shares being listed on the ASX, an approved FSE exchange. Mark Diamond, Chief Executive Officer of Antisense Therapeutics said: “Dual listing on the Frankfurt Stock Exchange supports our strategy to broaden overseas investor base in line with the planned clinical development of ATL1102 and our goal of bringing global therapeutic products to global markets”. (FSE Listings: www.fselistings.com)
- Tianjin Beroni Biotechnology Co got its National Stock Exchange of Australia shares listed on the Frankfurt Stock Exchange. According to Beroni’s statement on the website of the National Stock Exchange of Australia (NSX), the company has a dual-listing on the Frankfurt Stock Exchange, the statement said that Beroni will attract investors via the NSX and Frankfurt Stock Exchange when assessing other business opportunities and will, at the same time, expand existing businesses. Also, the company is considering cooperation with leading biopharmaceutical enterprises, including conducting R&D activities in joint ventures and clinical trials of new biopharmaceutical products. (SGCI and Rennel Bank) (Business Listings Group: www.businesslistingsgroup.com)
- Crowd Mobile Limited (ASX: CM8) (Crowd Mobile Ltd or The Company) is pleased to announce that it has listed its ordinary shares on the Frankfurt Stock Exchange and European based XETRA. Frankfurt based Securities trading bank Steubing AG has been appointed to manage the listing and Crowd Mobile’s Stock Code in Europe is “CM3”. The dual-listing of Crowd Mobile’s shares in Frankfurt & XETRA reflects the growing importance of Europe in the company’s global growth strategy. The European region represents a rapidly increasing proportion of the Company’s overall global business, and provides very attractive growth opportunities. Crowd Mobile now generates over 80% of its group revenue from Europe and has over 80% of its global workforce located in the region. Crowd Mobile has experienced rapid growth and performance across European markets in particular. (German Stock Exchange Listings: www.germanstockexchangelistings.com)
- A-Cap Energy Limited (“A-Cap or the “Company”) dual listed its ASX Company’s shares on the Frankfurt Stock Exchange. The Company’s shares are tradeable under the ticker code “VUT” on the exchange. The Frankfurt Stock Exchange is one of the largest exchanges in the world and the most important securities market in continental Europe. The dual-listing will support A-Cap’s European strategic collaborations in the electric vehicle (EV) industry, capital raising, market making activities and introducing new shareholders into the Company’s share registry. (Australian Stock Exchange Listings: ASX Listings www.ASXListings.com)
- African lithium developer, Prospect Resources Ltd (ASX: PSC) (“Prospect” or “the Company”) is an Australian dual listing of the Company’s shares on the Frankfurt Stock Exchange. The Company’s shares will trade under the code “5E8”. The Frankfurt listing expands Prospect’s investor reach and increases the Company’s exposure to European markets, which is one of the largest regions consuming ultra-low iron petalite in the glass & ceramics market. The Frankfurt Stock Exchange is the world’s third largest exchange-trading market, behind the New York Stock Exchange and NASDAQ. More than 50% of the total trades on the Frankfurt Stock Exchange are conducted through investors in countries outside of Germany. Prospect’s Managing Director, Sam Hosack, said “Prospect now has access to new clients and capital markets and will gain greater liquidity and exposure to many more retail and institutional investors. This also places us in the European region that is home to some of the largest glass & ceramic end user customers. We see Europe as a core region in Prospect’s capital market and product marketing strategy. The Frankfurt listing also overcomes time difference and account issues for European retail investors.” (ASX Listings: www.ASXListings.com)
- Reccce Pharamceuticals (RCE) has become an Australian dual-lister after assuming its position on a major German exchange, the Frankfurt Stock Exchange. The Australian-based company will begin trading on the exchange today under the code R9Q with no affiliated capital raising activities. According to Recce, the move is expected to broaden its institutional and retail investor base across the E.U., in alignment with increasing activity in the region. The dual listing grants Recce a position on the twelfth largest stock exchange in the world by market capitalisation. (Deutsche Gesellschaft Für Wertpapieranalyse) According to the company, the dual listing was enacted without many of the typical primary listing procedures, which it describes as a widening of investor reach with minimal cost. (Business Listings Group: www.businesslistingsgroup.com)
Business Listings Group Ryan@businesslistingsgroup.com have a proven and consistent European marketing approach which includes engagement with our extensive database of investors, connections with finance media, German language translation of corporate interviews with CEO, dissemination of ASX releases throughout EU finance channels, engagement with significant investors and family offices in Europe and the UK. Dual Listing ASX listed companies on the FSE usually costs around EUR 10,000, with additional proposals available for marketing engagement.
German retail investors have been able to buy and sell Neometals shares on the Frankfurt Stock Exchange (or Deutsche Börse) for more than four years. And Neometals isn’t the only one: roughly a third of ASX-listed companies have what’s loosely called a “dual listing” in Frankfurt, with the 744 stocks ranging from A-Cap Energy and Abacus Property to Zenith Minerals and Zip Co.
If you are looking for a specialist in dual listing companies on the Frankfurt Stock Exchange contact Ryan@businesslistingsgroup.com, Ryan Gibson is the CEO of Business Listings Group, FSE Listings Inc, StockExchangeListings.com, and a large community database of over 3 million European Investors.
Growing numbers of Australian businesses are listing on overseas stock exchanges, with the Frankfurt Stock Exchange proving to be one of the international exchanges of choice.
As people know, our firm has been one of the most active companies for listing shares and bonds globally. We also have worked with asset holders for the creation of Safe Keeping Receipts which firms intend on utilizing for trading or leverage of the assets for loans and the release of capital called Monetization. Generally the process of creating an SKR includes:
- Creation of a securitization vehicle, registration with an ISIN of the certificates of beneficial ownership, trust indenture, and deposit with a Bank
- Sending the message via Swift MT 799 or Swift MT 760 to the receiving Bank for the monetization or loan against the underlying assets of the SKR
The average cost of this process is 25,000 GBP for the formation and securitization that creates the SKR, and anywhere between 50,000 – 100,000 euro for the Swift message of the blocked funds or assets held by the financial institution. One of the pitfalls of this process, is the cost of the Swift is every time you intend on working with a co-responding Bank for monetization, your take on the Swift costs and await the transaction to be accepted or completed by the receiving Bank.
If you are looking for an SKR you can always apply at www.safekeepingreceipts.com
How do we solve this problem with Cyprus Stock Exchange Listings?
The Cyprus market allows for us to create a low-tax structure that ends up being the company that your assets are securitized into. The securitized assets are placed in trust with the Cyprus company. The Cyprus company, through our list of trustees and relationship with the Cyprus stock exchange, allow for the securitization company to issue Bonds as a private company onto the Cyprus Stock Exchange with the registrar and trustee managing the process through our firm. Naturally, the Bond has an ISIN number and can clear into any brokerage house or Bank globally through direct transfer via the clearing and settlement of the Bond. You as the Bond holder can deposit the bonds within a brokerage account we will set-up for you, and then transfer the bonds to the purchasing party. The bonds can be used directly for loans, leverage, and or for sale to financial institutions as a listed bond versus going through the process of sending Swift messages which are costly for deals that do not get financed. In addition, there are secondary markets such as the European Wholesale Debt market and Frankfurt 2nd Quotation board, creating liquidity and an immediate market for your otherwise illiquid assets.
The Cyprus securitization structure, clearing and settlement, registrar, brokerage account, company, listing, nomads sponsorship fees, tax advice, legal advice, and monetization consulting ends up costing no more than 60,000 euro. With the ease and ability to transfer the security, the cost ends up being half the overall fees generally incurred from an SKR, which has no secondary liquid market accept for private trading platforms, which are generally long and arduous processes to access. Therefore, the Bond structure that we have developed is clearly a winner for people trying to leverage assets, monetize illiquid assets, or who want to use their assets without putting them at risk or diluted from equity investment.
If you are interested in turning your assets into debt instruments that can be monetized, you should be considering our packaged Bond listing.
*Please note one of the hidden benefits of the Cyprus Bond structure we have developed is that when you sell the Bonds and make profit from the capital, it is done so directly through a low tax zone versus a higher tax zone like the UK, Canada, US, etc. In addition, Cyprus is not an offshore jurisdiction, it is a low-tax jurisdiction, which means you are the owner of the business do not have to would that if you live in a region that requires disclosure of offshore jurisdiction companies or may not be permitted by your region, this is acceptable to your tax departments via specific treaties that enable its use.
We do not give Tax or Legal advice, however, we have partnered with a Tax Auditor and Advisor with over 6,000 companies within this region who trust their advice and structures. You can contact us and become one of those many firms that globally are taking advantage of one of the most intelligent structures there is for your business.
Don’t hesitate to contact us today, info@stockexchangelistings.com or Ryan@ifxbg.com
As of November 1st 2016, Cyprus Stock Exchange listed firms have started dual listing onto the Frankfurt Stock Exchange. FSE Listings Inc has been known globally as the leader of listings on the first quotation board up until 2012. Changes in the market regulations in Frankfurt made it very difficult for small firms to direct list onto the Frankfurt Stock Market.
FSE Listings now has the solution you have been waiting for, listings on the Cyprus Stock Exchange in 4-6 weeks and then “dual listing” onto the Frankfurt Stock Exchange! This can be completed for as little as 60,000 euro. A direct listing on the Frankfurt Stock Exchange would take months, even a year, due to the rigorous nature of the standard market within Germany.
Introduction – The Cyprus Stock Exchange Creates New Opportunities For Businesses Introduction
IFXBG Limited is a BVI corporation that has listed over 1,000 companies on public markets within its consortium including the CSE, TSX, Deutsche Borse (Frankfurt), LSE (AIM & Standard), Berlin, OTCQX, NASDAQ, NYSE Euronext, ASX (Australia), Luxembourg, Vienna, and Hong Kong. (And now the Cyprus Stock Exchange.)
The Cyprus Stock Exchange presents an amazing opportunity for listing a company on a public market, with all the benefits of a recognized listing on a stock exchange with low-cost regulatory requirements. We welcome the opportunity to work with you on the Cyprus Markets Listings of your firm.
Emerging Companies Market
On September 15 2009 the Cyprus Stock Exchange adopted Regulative Decision 326/2009, which governs the Emerging Companies Market. The Emerging Companies Market is a new financial market in Cyprus which is considered to be unregulated and does not come under the mandatory provisions applicable to regulated markets. Such provisions impose strict listing requirements and continuous reporting obligations on listed companies. The Emerging Companies Market is a multilateral trading facility that operates in accordance with the regulative decisions adopted by the Cyprus Stock Exchange, which will be exclusively responsible for setting the listing requirements and continuous obligations of issuers and directors, as well as any penalties to be imposed for rule violations.
The Emerging Companies Market creates new dimensions in the Cypriot financial world by offering numerous opportunities – for example, it:
- establishes an alternative method for securing finance at competitive costs that is raised by unlisted companies through simpler procedures than those for raising finance in a regulated market;
- creates increased awareness, recognition and prestige for listed companies; and
- increases investment sectors and opportunities for investors.
The Emerging Companies Market of the Cyprus Stock Exchange (ECM) is very similar to what the AIM is for the London Stock Exchange, but with the added advantages that it has very relaxed listing rules.
For example, in this market, there is
- no requirement for daily volume (hence no fictitious trades needed)
- no maximum ownership rule and (hence no need to do illegal stock parking)
- no minimum market capitalization criteria (even if value drops, no risk of de-listing)
- The whole listing process takes 6 weeks to complete, with 4 weeks of preparation work with advisors, and 2 weeks listing approvals and due diligence by the exchange.
Using the ECM/CSE to your best advantage
A listed company on the ECM/CSE is ideal for beneficial owners to:
- Allow pension and other regulated funds such as UCITS to invest in your listed titles (shares or bonds) as they can only invest in listed titles trading on recognized and regulated stock exchange,
- Use idle funds that need a justification to tax authorities before repatriation to home country to invest in various projects,
Have the share registry maintained electronically by the Cyprus Stock Exchange
Acquire other companies, listed or private, operating anywhere in the world either by cash or through share issue/swap to bring those companies under the control of the Cyprus holding PLC on the valuation suitable to beneficial owners so that there are no tax implications at the other end,
- Lend money to own entities operating in home country from Cyprus
- Issue shares to raise money from other investors
- Issue debt or bonds which can subsequently be listed on the CSE
- For new startups, a public company is formed with 10-12 shareholders, all of whom can be nominees and together with a business plan and 3-year financial forecasts, then list the shares on the ECM/CSE.
IFXBG Limited has a method to make sure that the UBO controls all the shares of the nominee shareholders, thus making sure that not even one share falls into wrong hands.
A listed company will require minimum 3 Directors, with 1 Director Executive to be responsible for the day-to-day affairs of the company. The other 2 can be non-executive directors.
All decisions are made by the Board who is answerable to shareholders once a year at the AGM.
Shareholders can vote through proxies at the AGM. The CSE maintains the Share Registry in electronic format. The CSE will also provide the ISIN code, available through Bloomberg/Reuters and closing prices are updated daily on the CSE’s web site, which is also available in English.
The CV, educational and business background of all directors will need to be provided to the CSE and is open for public scrutiny.
Every listed company on the ECM needs to appoint an approved by the Cyprus Stock Exchange Nominated Advisor (Nomad) which will be responsible for the company’s listing.
FSE Listings and IFXBG Limited is partnered with two of the largest approved Nomads and offers a complete solution including finding the professionals to register the public company, prepare the Admission Document, pass the application through the CSE and manage the timeframe of the acting company’s Nomad, solving delays and problems before they happen.
The company also needs to have registered office, legal advisor, auditor, and reveal the banks where it has a relationship.
Listing conditions
In accordance with Regulative Decision 326/2009, the key conditions for listing on the Emerging Companies Market are as follows:
The issuer must have readily available audited accounts and must be able to prove that it carried on its ordinary activities for at least two years before its application. Newly established companies can also be listed if the Cyprus Stock Exchange Council is satisfied that future shareholders are given satisfactory information in order to assess properly the value of the titles.
Throughout the flotation procedure, the issuer must have a nominated adviser (ie, a lawyer and auditor who is authorized to act as a nominated adviser by the Cyprus Stock Exchange).
The issuer must be registered as a public limited liability company. There are no minimum market capitalization or shareholder equity criteria.
Listing methods
Regulative Decision 326/2009 provides for the following three methods of effecting a listing:
initial public offering – this should aim to raise at least €2.5 million and should be addressed to over 100 persons; a prospectus will be required in such case;
private placement – this should be addressed to institutional investors or to fewer than 100 persons, and the capital to be raised must be less than €2.5 million; an admission document (a simpler version of a prospectus) must be submitted to the Cyprus Stock Exchange; or
a combination of the two above-mentioned methods.
Private placement of shares
Before the company is listed, it can organize a private placement of shares and raise money. There is no limitation on the amount raised, but if the shares are issued at a premium, then this needs to be justified to the CSE.
Once the private placement is completed, we shall then simply list the shares on the CSE. There is no requirement to hold an IPO. Existing shares are simply listed.
IPO
If the listed company wishes to hold an Initial Public Offering (IPO) after its application is approved, then it may do so but up to EUR 2.5 mln under simplified procedures.
If the amount of the IPO is above EUR 2.5 mln or the issue will be made to more than 100 investors, then the company needs to prepare a prospectus and submit it to the Cyprus Securities & Exchange Commission for approval before it can proceed.
Otherwise, if the IPO is below EUR 2.5 mln or under 100 investors, it will do so under simplified listing procedures and by submitting the Admission Document only.
Documentation
An issuer seeking to float securities on the Emerging Companies Market must submit the following documents:
- a completed application form as determined by the Cyprus Stock Exchange;
- an admission document containing information about;
- the background of the issuer and the issue;
- the business plan;
- the board members and shareholders;
- the associated business risks; and
- the audited accounts;
- a company board resolution authorizing the issue or placement of the securities;
- a copy of the company’s memorandum and articles of association, duly certified as a true copy of the original; and
- a prospectus (approved by the relevant Cyprus authority), if required.
- A corporate structure that enables the shares of the company to be traded on the exchange for clearing and settlement purposes
- A registrar that has the ability to dematerialize shares into the trading system
- A third party valuation of the assets of the company for the purpose of setting the listing price
Contact info@stockexchangelistings.com or Ryan@ifxbg.com