Company Continuation Explained Definition of company continuation Company continuation is the set of measures, both legal and operational, that pave the way for a business entity to maintain its existence while changing its structural and jurisdictional aspects. The definition of continuation usually assumes that the company is still the same legal entity that retains its rights, duties, and agreements even if it relocates to another country or changes its internal structure.

Shadow Banking Explained Definition of shadow banking What is shadow banking – a fairly popular question.. This term refers to specific financial institutions and operations that enable clients to obtain credit, attract investment, or access other financial services without holding the status of a traditional bank, which subjects them to lighter regulatory oversight. To define shadow banking, it is worth noting its key features: greater flexibility and fewer requirements for

When people ask, “what are operational risks?” , the short answer is simple: they are problems that come from the way a business runs its day-to-day operations. These problems can lead to financial loss, reputational damage, or even business interruption. Operational risk definition is frequently referred to as the threat of loss due to people, processes, or systems or external events. The most famous explanation is provided by The Basel Committee on Banking Supervision : ope

Leaving the United States and renouncing U.S. citizenship or long-term resident status requires an exit tax. What is the exit tax? Let’s break down the rules of expatriate taxation and see how everything works in reality. What Is an Exit Tax? Exit tax definition Exit tax is the final tax paid by individuals renouncing their U.S. citizenship or long-term residents who cease their status as permanent residents. In other words, exit taxation is a one-time charge on unrealized

Regulatory Arbitrage Explained Definition and meaning To understand what is regulatory arbitrage, it is important to begin with the regulatory arbitrage definition. Regulatory arbitrage is a practice where a company exploits the differences in regulations, laws, or norms that apply in various areas or countries to gain a financial or operational advantage. That is to say, if a country or an industry has tougher regulations and another has more relaxed ones, companies might mo