Family business; Managing, structuring, involvement and transfer

How is a family Charter drafted? Can it be amended?

by Saba Zreik | Apr 20, 2020 | • Family business; Managing, structuring, involvement, • Family Governance and Family Charter

Drafting a Family CharterThe drafting of a Family Charter is not a difficult task, as long as its author is fully aware of what to provide in it.The best Family Charters are those that the largest number possible of Family members contributes to. Participating in the...

Charter for high net worth families. What for? And what are its contents?

by Saba Zreik | Apr 20, 2020 | • Family business; Managing, structuring, involvement, • Family Integrity & Organization

A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of concern to the Family. 1- What is the Role of a Family Charter? (a)...

Multi-family office diversity

by Jan van Bueren | Jul 22, 2015 | • Family business; Managing, structuring, involvement, • Family Governance and Family Charter, • Family Integrity & Organization, • Family Offices; role, duties and responsibilities

The constantly increasing number of wealthy families has, over the past years, had a strong effect on demand for wealth management services. Ever more wealthy business owners and families that have sold their businesses are considering a family office to support them...

Which opportunities do social businesses offer for venture philanthropy funds?

by Andreas Richter | Jul 28, 2014 | • Family business; Managing, structuring, involvement

The innovative, market-oriented but yet not yield-oriented model of social businesses makes a good match for the distinctive approach of venture philanthropy funds. The term social business was coined by the Nobel Peace Prize laureate Muhammad Yunus. He founded the...

Common Chinese legal obstacles regarding outbound investment by individuals

by Peter Ni | Jul 28, 2014 | • Family business; Managing, structuring, involvement

For Chinese individuals making outbound investment, overcoming the obstacles from the aspects of regulatory and foreign exchange control becomes a priority. As China is now the second largest economy in the world and produces millionaires and billionaires faster than...

What Are the Restrictions for Foreign Accounts of Individuals?

by Kira Egorova | Jul 28, 2014 | • Family business; Managing, structuring, involvement

Russian law establishes special regulation for individuals’ foreign accounts. Individuals (Russian currency residents) cannot receive on their foreign accounts the majority of funds transfers. Spending of funds is less problematic, however subject to certain...